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    1711 Delaware Avenue

    Santa Monica, CA 90404
    • $2,495,000
    • STATUS: Active
    • ON SITE: 425 days
    • ID#: PW20037127
    UPDATED: 151 min ago
    $2,495,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $594
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    Incredible location! Great investment opportunity! A 6-unit multifamily property just one block to Santa Monica College, close to the Metro Expo Line and Third Street Promenade! All are 2 bedroom, 1 bathroom units, very nicely sized. The location is fantastic, accessible, desirable, and convenient. The property is nestled comfortably on a friendly tree-lined street in a great neighborhood and the lot is surprisingly large for the location. There is a secure gated parking lot with individual spaces for tenants, a bike parking area, and laundry room. The perfect combination of great income, investment upside, and a central location close to everything!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T09:27:17.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/103383861
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    1711 Delaware Avenue Santa Monica, CA 90404

    • Price: $2,495,000
    • Status: Active
    • Updated: 151 min ago
    • ID#: PW20037127
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,200
    SQFT
    $594
    $/SQFT
    1941
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Incredible location! Great investment opportunity! A 6-unit multifamily property just one block to Santa Monica College, close to the Metro Expo Line and Third Street Promenade! All are 2 bedroom, 1 bathroom units, very nicely sized. The location is fantastic, accessible, desirable, and convenient. The property is nestled comfortably on a friendly tree-lined street in a great neighborhood and the lot is surprisingly large for the location. There is a secure gated parking lot with individual spaces for tenants, a bike parking area, and laundry room. The perfect combination of great income, investment upside, and a central location close to everything!
    Exterior Features

    Lot Features Corner LotLandscaped Number Of Separate Electric Meters 0 Open Parking Spaces 6 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 364 Fuel Expense 0 Garage YN No Gross Income 169097 Gross Scheduled Income 169097 Insurance Expense 0 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 156861 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 12236 Other Expense 7020 Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Window Bars Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1175 Water Sewer Expense 3677 Water Source Public Zoning Smr2*

    Listing provided courtesy of Jeremy Howard of Embarq


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T09:27:17.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691