$1,875,000
Santa Monica, CA 90405
MLS# 220002320
Status: Closed
9 beds | 7 baths | 4427 sqft
1 / 20
Property Description
Own a little piece of early Santa Monica history. Located in Sunset Park, this charming apartment building and the original house on the lot have never been on the market before. Less than a mile to the beach, and located near great schools, public transportation, shopping, and Santa Monica entertainment, The complex offers a unique ownership opportunity. For the owner investor...the back house will be delivered vacant at the close of escrow. For the developer, the property is located in an area with many newer condominium complexes. Either way, this would make a wonderful addition to any investors portfolio. Interested buyers should familiarize themselves with Santa Monica Rent Control regulations. With the burgeoning Silicon Beach, Venice, and hot surrounding areas...this Sunset Park property makes a great long-term investment!!!
Details
Maps
Status Change Info
Sold Price/SqFt: 423.54
Pending Date: 2020-03-02
Closed Date: 2020-03-02
Closed Price: 1875000
Listing, Location and Property Info
Entry Date: 2020-03-02
List Price/SqFt: 451.75
Zip + 4: 1447
General Property Information
Common Walls: Yes
# Bedrooms: 9
Baths - Full: 6
Baths - 1/2: 1
Baths - Total: 7
Approx SqFt: 4427
Lot Acres: 0.15
Lot SqFt: 6481
Year Built: 1948
Listing Info
Total # of Units in Complex: 5
Property Info
Miles to Beach: 1
View: No
Alley: Yes
Paved: Yes
Pool: No
Spa: No
Fireplace: No
Dwelling Total Floors: 2
Land Lease Type
Fee Simple: 1
Special Conditions
Standard: 1
Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Take Property As Is: 1
Possession
Close of Escrow: 1
Financing
Private: 1
Property Condition
Repair Cosmetic: 1
Disclosures
Rent Control: 1
Levels
Two: 1
Sold Terms
Standard Sale: 1
Flooring
Carpet: 1
Laminated: 1
Water Heater Feature
None: 1
Parking Spaces/Information
Total Garage Spaces: 4
HOA 1 Information
HOA: No
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Water: 1
Unit 1 Furnished
Unfurnished: 1
Unit 1 Information
Unit-1 # of Beds: 1
Unit-1 # of Baths: 1
Unit-1 Monthly Rent: 1895
Unit 2 Furnished
Unfurnished: 1
Unit 2 Information
Unit-2 # of Beds: 2
Unit-2 # of Baths: 1
Unit-2 Monthly Rent: 671
Unit 3 Information
Unit-3 # of Beds: 2
Unit-3 # of Baths: 1
Unit-3 Monthly Rent: 4000
Unit 3 Furnished
Unfinished: 1
Unit 4 Information
Unit-4 # of Beds: 3
Unit-4 # of Baths: 1.5
Unit-4 Monthly Rent: 634
Unit 4 Furnished
Unfurnished: 1
Unit 5 Information
Unit-5 # of Beds: 1
Unit-5 # of Baths: 1
Unit-5 Monthly Rent: 616
Unit 5 Furnished
Unfinished: 1
Listing Location and Property Info
Status: Closed
Entry Date: 2019-12-16
Listing Price: 1999900
Current Price: $1,875,000
Street #: 1022
Street Name: Pacific
Suffix: Street
County: Los Angeles
State/Province: CA
Zip Code: 90405
APN/Tax ID: 4284013005
Area: C14 - Santa Monica
Subdivision/Tract Code: Not Applicable
Country: US
Units Information
# Separate Electric Meters: 5
# Separate Gas Meters: 5
# Separate Water Meters: 5
Property Features
Land Lease Type: Fee Simple
Special Conditions: Standard
Terms: Cash; Conventional; Owner May Carry; Take Property As Is
Possession: Close of Escrow
Property Condition: Repair Cosmetic
Disclosures: Rent Control
Levels: Two
Flooring: Carpet; Laminated
Water Heater Feature: None
Tenant Pays: Cable TV; Electricity; Gas; Water
Unit 1 Furnished: Unfurnished
Unit 2 Furnished: Unfurnished
Unit 3 Furnished: Unfinished
Unit 4 Furnished: Unfurnished
Unit 5 Furnished: Unfinished
Financing: Private
Sold Terms: Standard Sale
Listing Office: Keller Williams Westlake Village
Listing Agent: Gregg Bruno | greggbruno@hotmail.com
Agent Email: greggbruno@hotmail.com
Last Updated: April - 03 - 2023
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.