$2,225,000
0.17 acres | #SB24030349
Courtesy of Capital RE Group

Description

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, 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. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

  • Property Details
      • Interior:HighCeilings, BedroomOnMainLevel, MainLevelPrimary, WalkInClosets
      • Stories:2
      • Lot description:FrontYard, Landscaped, Level, NearPublicTransit, StreetLevel
      • Acres:0.1722
      • Parking spaces:9
      • Property type:Multi-Family
      • Year built:1976
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • County:Los Angeles
      • Original List Price:$2, 500, 000
      • MLS #:SB24030349
      • Cost:2225000
      • Property subtype:Apartment
      • MLS #:SB24030349

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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