2306 3rd St | Santa Monica, CA 90405
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- LoopNet Team
2306 3rd St
Santa Monica, CA 90405
Multifamily Property For Sale · 12 Units
INVESTMENT HIGHLIGHTS
- Legacy 12-Unit Property in the Ocean Park Neighborhood of Santa Monica
- Unit Mix: (3) 2-Bed/1-Bath, (8) 1-Bed/1-Bath, (1) Studio
- 4.79% CAP | 7.11% Market CAP
- Double Lot! (1) 4-Unit Building, (1) Duplex, (1) SFR + (1) Studio Attached, (4) Detached Bungalows
- 7,937 Total RSF On a 12,703 SF Lot
- Located in Ocean Park Conveniently Nestled Between Venice Beach and Downtown Santa Monica
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,291 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1923 |
| Building Class | C |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,291 SF |
| No. Stories | 1 |
| Year Built | 1923 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,501 | - |
| 1+1 | 8 | $2,405 | - |
PROPERTY TAXES
| Parcel Number | 4289-015-012 | Improvements Assessment | $213,504 |
| Land Assessment | $739,590 | Total Assessment | $953,094 |
PROPERTY TAXES
Parcel Number
4289-015-012
Land Assessment
$739,590
Improvements Assessment
$213,504
Total Assessment
$953,094
ZONING
| Zoning Code | SMOP2* |
| SMOP2* |
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