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1220 24Th ST Santa Monica, CA 90404
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Key Details
Sold Price $2,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,847 sqft
Price per Sqft $737
MLS Listing ID 21762610
Sold Date 09/08/21
HOA Y/N No
Year Built 1936
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Fantastic Investment at 4.4% CAP 15.5 GRM or Owner-User opportunity!! Whether you're looking for an investment or owner-user property, you will not find a better opportunity in Santa Monica. The front 2 bedroom home of this charming bungalow-style retreat is being delivered vacant. Located just south of Wilshire Blvd, and within a couple blocks of Chelsea Park, Whole Foods, Trader Joes, great restaurants and coffee houses in one of the most sought-after rental markets in Southern California that just keeps on improving. One of the highest CAP and lowest GRM you will find in the area for a 4-plex! First Time on the Market in 40+ Years!
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Rooms
Ensuite Laundry Common Area, Inside, Laundry Room
Interior
Laundry Location Common Area,Inside,Laundry Room
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Laundry Common Area, Inside, Laundry Room
Exterior
Garage Assigned, Garage, Uncovered
View Y/N Yes
View City Lights
Parking Type Assigned, Garage, Uncovered
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
Others
Senior Community No
Tax ID 4276017007
Special Listing Condition Standard
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Bought with Eric Sackler • Coldwell Banker Realty
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