$4,995,000 Price Analysis   ♡   Santa Monica, CA 90403 12 bed 11 bath 7,881 SqFt ($633/SqFt) 7,494SqFt lot. Built 1958 Listed 2024-04-11, Taxes $10,884 | Ⓧ USDA Ineligible due to price & location near Santa Monica |
Incredible investment opportunity located 5 blocks from the beach in the highly desirable Wilshire / Montana neighborhood of Santa Monica.
This 11-unit apartment building consists of (3) two bedrooms one bathroom, (6) one bedroom one bathroom and (2) singles. Units consist of hrdwood floors, standard kitchens and balconies/patios.
Currently, there are 9 vacant units giving an investor the opportunity to achieve market rents. Exceptional Santa Monica location - within close distance to Montana Ave, The Third Street Promenade, The Santa Monica Pier and the beach. Soft story retrofit has been completed.
Presented by Scott Ammann at
The Beverly Hills Estates Inc.
Property MLS #24-376265 from TheMLSCLAW
Full Bathrooms: 11
Heating Features: Wall
Covered Spaces: 4
Garage Description: Carport Attached
Parking Total: 13
Lot Size Source: Assessor
Lot Size Square Feet: 7494
Calculated Total Monthly Association Fees: 0
Number of Units: 11
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 11400, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 13600, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 6800, 4 BathsTotal: 1, 4 SquareFeet: 5400
County: Los Angeles
Directions: N of Wilshire, South of Montana
Source Property Type: Residential Income
Area: Santa Monica
Source Neighborhood: Santa Monica
Parcel Number: 4292-011-018
Postal Code Plus 4: 3823
Zoning: SMR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $413,892 + $347,511 $761,403 | $10,884 |
| 2021 | $405,777 + $340,698 $746,475 | $10,567 |
| 2020 | $401,617 + $337,205 $738,822 | $10,493 |
| 2019 | $393,743 + $330,594 $724,337 | $10,388 |
| 2018 | $386,023 + $324,112 $710,135 | $9,733 |
| 2017 | $378,454 + $317,757 $696,211 | $9,637 |
| 2016 | $371,034 + $311,527 $682,561 | $9,256 |
| 2015 | $365,461 + $306,848 $672,309 | $9,141 |
| 2014 | $358,303 + $300,838 $659,141 | $9,103 |
| 2013 | $356,684 + $299,479 $656,163 | $9,051 |
| 2012 | $349,691 + $293,607 $643,298 | $8,864 |
| 2010 | $342,835 + $287,850 $630,685 | $8,644 |
| 2009 | $341,082 + $286,378 $627,460 | $8,451 |
| 2009 | $340,273 + $285,699 $625,972 | $8,451 |
| 2008 | $334,395 + $280,763 $615,158 | $8,286 |
| 2007 | $327,839 + $275,258 $603,097 | $8,152 |
$0
TheMLSCLAW
Listed 2024-04-11
$4,995,000
TheMLSCLAW
Listing removed 2023-11-17
$0
TheMLSCLAW
Relisted 2023-11-15
$5,995,000
TheMLSCLAW
Listing removed 2023-09-25
$0
TheMLSCLAW
Listed 2023-09-22
$5,495,000
TheMLSCLAW
Price Changed 2023-06-30
$5,995,000
TheMLSCLAW
Listed 2023-05-26
$6,495,000
TheMLSCLAW
Listing removed 2014-05-09
$1,750
WestsideRentals
Listed for rent 2014-04-28
$1,750
WestsideRentals
Sold 1983-11-15
$306,500
Public Record
Year Built: 1958
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 66
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
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.