$2,500,000 Price Analysis   ♡   Santa Monica, CA 90404 8 bed 6 bath 5,238 SqFt ($477/SqFt) 7,500SqFt lot. Built 1976 Listed 2024-05-06, Taxes $6,665 | Ⓧ USDA Ineligible due to price & location near Santa Monica |
Charming 6 Unit Garden Apartment building on a tree lined street
Recently landscaped, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Resident manager is onsite.
Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near publc transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not repre sent or warrant the information herein. Prospective buyers and agents should independently verify all information.
Property MLS #SB24030349 from CRMLS
Bedrooms: 8
High Ceilings
Flooring: Wood
Flooring: Wood
Appliances: Free-Standing Range, Disposal, Gas & Electric Range, Microwave, Refrigerator
Appliances YN: Yes
Laundry Features: Common Area
Appliances YN: Yes
Laundry Features: Common Area
Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet
Full Bathrooms: 6
Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Patio, Electric, Gas
Heating Features: Wall Furnace
Heating: Yes
Heating Features: Wall Furnace
Heating: Yes
Lot Description: Front Yard, Landscaped, Level with Street, Lot 6500-9999, Level, Near Public Transit
Lot Size Acres: 0.1721763
Lot Size Dimensions: 50x150
Lot Size Source: Assessor
Lot Size Square Feet: 7500
Lot Size Acres: 0.1721763
Lot Size Dimensions: 50x150
Lot Size Source: Assessor
Lot Size Square Feet: 7500
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Road Surface Type: Alley Paved, Paved
Garage Spaces: 7
Parking Features: Parking YN: Yes, Parking Features: Carport, Covered, Garage, Garage Faces Front, Gated
Parking Total: 9
Parking Features: Parking YN: Yes, Parking Features: Carport, Covered, Garage, Garage Faces Front, Gated
Parking Total: 9
Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Calculated Total Monthly Association Fees: 0
Number of Units Leased: 5
Tenant Pays: All Utilities, Electricity, Gas
Rent Control: Yes
Tenant Pays: All Utilities, Electricity, Gas
Rent Control: Yes
Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban
Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.65
Source Property Type: Residential Income
Exclusions: Apt 6 owns their refrigerator and microwave
Inclusions: Most units include refrigerator, oven/store and microwave.
Insurance Expense: 4259.00
Area: C14 - Santa Monica
Source Neighborhood: C14 - Santa Monica
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 4725013025
Postal Code Plus 4: 3426
Zoning: SMR2
Source System Name: C2C
County: Los Angeles
Cap Rate: 3.65
Source Property Type: Residential Income
Exclusions: Apt 6 owns their refrigerator and microwave
Inclusions: Most units include refrigerator, oven/store and microwave.
Insurance Expense: 4259.00
Area: C14 - Santa Monica
Source Neighborhood: C14 - Santa Monica
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 4725013025
Postal Code Plus 4: 3426
Zoning: SMR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $339,614 + $89,240 $428,854 | $6,665 |
| 2021 | $332,955 + $87,491 $420,446 | $6,467 |
| 2020 | $329,541 + $86,594 $416,135 | $6,422 |
| 2019 | $323,080 + $84,897 $407,977 | $6,352 |
| 2018 | $316,746 + $83,233 $399,979 | $5,935 |
| 2017 | $310,536 + $81,601 $392,137 | $5,850 |
| 2016 | $304,448 + $80,001 $384,449 | $5,638 |
| 2015 | $299,875 + $78,800 $378,675 | $5,566 |
| 2014 | $294,001 + $77,257 $371,258 | $5,545 |
| 2013 | $292,673 + $76,908 $369,581 | $5,504 |
| 2012 | $286,935 + $75,400 $362,335 | $5,393 |
| 2010 | $281,309 + $73,922 $355,231 | $5,170 |
| 2009 | $279,871 + $73,545 $353,416 | $5,057 |
| 2009 | $279,207 + $73,370 $352,577 | $5,057 |
| 2008 | $274,384 + $72,103 $346,487 | $4,964 |
| 2007 | $269,004 + $70,690 $339,694 | $4,889 |
Listed 2024-05-06
$2,500,000
CRMLS
Sold 1983-05-23
$260,000
Public Record
$2,500,000
CRMLS
Sold 1983-05-23
$260,000
Public Record
Net Operating Income: 91270.00
Total Square Feet Living: 5238
Year Built: 1976
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 48
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Year Built: 1976
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 48
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Electric: Electricity - On Property
Electric Expense: 4670.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 4670.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
Electric Expense: 4670.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 4670.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
36 Inch Or More Wide Halls
McKinley Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsLincoln Middle School is a public middle school located approximately 0.7 miles away.
Map directions
Map directionsSanta Monica High School is a public high school located approximately 1 miles away.
Map directions
Map directionsSanta Monica Montessori is a private elementary school located approximately 0.1 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.