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1937 17th St
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1937 17th St
6 Unit Apartment Building $2,295,000 ($382,500/Unit) Santa Monica, CA 90404
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INVESTMENT HIGHLIGHTS
- Half a block from Santa Monica College
- 17th Street between Pico Boulevard and Delaware Avenue
EXECUTIVE SUMMARY
Property consists of two separate structures, a double-car garage plus eight open parking spaces serviced by a rear alley. The front building has five units including one 3 BD/1 & 1/2 BA unit and four 2BD/1BA units. The rear building is a 2 BD/1 BA single family house. Great rent income upside on tenant turnover.
PROPERTY FACTS
Price | $2,295,000 | Building Class | C |
Price Per Unit | $382,500 | Lot Size | 0.18 AC |
Sale Type | Investment | Building Size | 4,840 SF |
No. Units | 6 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1948 |
Property Subtype | Apartment | Parking Ratio | 2.07/1,000 SF |
Apartment Style | Low Rise |
Price | $2,295,000 |
Price Per Unit | $382,500 |
Sale Type | Investment |
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.18 AC |
Building Size | 4,840 SF |
No. Stories | 2 |
Year Built | 1948 |
Parking Ratio | 2.07/1,000 SF |
UNIT AMENITIES
- Refrigerator
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 5 | - | - |
3+2 | 1 | - | - |
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Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
Parcel Number | 4274-014-019 | Improvements Assessment | $522,509 |
Land Assessment | $1,843,128 | Total Assessment | $2,365,637 |
PROPERTY TAXES
Parcel Number
4274-014-019
Land Assessment
$1,843,128
Improvements Assessment
$522,509
Total Assessment
$2,365,637
ZONING
Zoning Code | SMR2* (Residential) |
SMR2* (Residential) |
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1937 17th St
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