3110 Highland Ave | Santa Monica, CA 90405
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- LoopNet Team
3110 Highland Ave
Santa Monica, CA 90405
The Seaside: Multifamily Triplex · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Not subject to City of Santa Monica rent control, allowing for rent increases of 5% + CPI, per AB-1482, buyer to verify
- Tranquil gardens, lush, & mature landscaping throughout
- Renovated main house & units including bamboo flooring, and new countertops & appliances
- Wonderful owner-user opportunity with the potential to Airbnb units
- Newly installed 628 sq ft. rooftop decks with partial ocean views
- All new roof and Central HVAC installed on main house
PROPERTY FACTS
| No. Units | 3 | Building Size | 3,802 SF |
| Property Type | Multifamily | Average Occupancy | 66% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 1.05/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | SMOP2 - multiple dwelling zone | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 3,802 SF |
| Average Occupancy | 66% |
| No. Stories | 4 |
| Year Built | 1989 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | SMOP2 - multiple dwelling zone |
AMENITIES
UNIT AMENITIES
- Balcony
- Fireplace
- Kitchen
- Oven
- Deck
- Garden
SITE AMENITIES
- Laundry Facilities
- Sundeck
- Zen Garden
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $3,795 | 895 |
| 2+2 | 1 | $4,050 | 895 |
| 4+3 | 1 | $7,500 | 1,706 |
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