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1402 Arizona Ave
Santa Monica, CA 90404
Multifamily Property For Sale · 10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 10,292 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 10,292 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.6/1,000 SF |
UNIT AMENITIES
- Dishwasher
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
- Gated
ABOUT 1402 ARIZONA AVE , SANTA MONICA, CA 90404
The Arizona Apartments boast a charming 10 unit, prominent corner property built in 1973. With an attractive unit mix consisting of mostly 2 bedrooms + 2 bath units, the property provides its residents a platinum Santa Monica location, as well as spacious residences in a beautiful setting. There is a value-added proposition with the Arizona Apartments, whereas savvy investors could enhance/remodel apartments as they turn over, and thus, attract higher-paying tenants. Santa Monica is known for its superior climate, great night life, cultural diversity, its walkability, and its beaches. There is also close walking distance to public transportation – providing residents automobile-free access to Greater Los Angeles major employment hubs, as well as universities. Santa Monica is one of the most desirable cities to reside in in all of Southern California, and the strong rental demand illustrates this.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 746 |
| 2+2 | 7 | - | 1,000 |
| 3+2 | 1 | - | 1,800 |
PROPERTY TAXES
| Parcel Number | 4282-016-023 | Improvements Assessment | $1,069,224 |
| Land Assessment | $4,462,075 | Total Assessment | $5,531,299 |
PROPERTY TAXES
ZONING
| Zoning Code | R3 |
| R3 |
