937 2nd Street , Santa Monica, CA - 90403 is For Sale

  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
  • 24370305
$8,450,000· Income property

Description

HUGE $745,000 REDUCTION FROM ORIGINAL LIST PRICE!!! We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe.937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

Features

MLS#: 24370305
List Price : $8,450,000
Total Units : 20
Gross Operating Income : $514,056
Net Operating Income : $323,029
Sq M : 1,395 M2
Year Built : 1955
Days on market : 38 Days
Gross taxes : N/A
Address : 937 2nd Street
City : Santa Monica
State : CA
Zip Code : 90403
Neighborhood : N/A
Stories : 2
Parking Features : Assigned
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $8,450,000
Acres : 0.3447
Lot Size (Acres) : 0.3447
Heating : Wall Furnace
Parking Features : Assigned
Driving Directions : 1 block away from the Ocean and 1 block away from Montana Avenue
 
Courtesy of : Jonathan Taksa , Remax Commercial and Investment Realty

Location

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