$5,250,000

1143 11TH Street Santa Monica, CA 90403

Beds: 0
Baths:
Sq Ft: 0
Type: Residential Income
MLS#: 17260112
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Hi, Charles Roe.

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

Santa Monica Historical multifamily opportunity north of Wilshire. Enjoy beautiful architecture, cash flow and future upside with this ideally located Multifamily investment. Santa Monica has been rated one of the highest rental markets in the nation, combined with A-Plus locale makes this fantastic real estate to park your cash and watch it grow. One bedroom and studio units equate to less long term tenants common in Santa Monica rent controlled buildings. The interiors of the units are classic 1920s look and feel with tile and hardwood floors and counters for easy and low cost turn-around for new tenants. Added benefit for the new owner would be to apply for the Mills Act to reduce your property tax as well as other incentives to further your return on investment. See assessor and city to verify all building data. Marketing package included under documents with full rent roll. Rent roll includes September 2017 rent increases., 1 On 11th Street north of Wilshire Blvd.

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.1700 Acres

Garage/Parking:
Parking Carport

Other Features Include:

Inclusions:
Appliances Refrigerator


Stories 2
Total Expenses 102422.00

This Listing is Presented By
CLW-X90606

Charles Roe

Cell: (949) 370-1311

Work: (949) 370-1311

Fax: (949) 495-2319

Email: luxuryrhomes@gmail.com

  
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Charles Roe

Realty One Group

Licence # BRE01298418

Phone: (949) 370-1311