Santa Monica, CA 90404,1326 Yale St
Santa Monica, CA 90404,1326 Yale St
Santa Monica, CA 90404,1326 Yale St
3
$2,720,000
$2,795,000
2.7%
Est.Price: ?

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6,243 SqFt

1326 Yale St Santa Monica, CA 90404

Est. payment /mo
SOLD DATE : 07/01/2021

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Key Details

Sold Price $2,720,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,243 sqft

Price per Sqft $435

MLS Listing ID NDP2101991

Sold Date 07/01/21

HOA Y/N No

Year Built 1962

Lot Size 7,496 Sqft

Acres 0.1721

Property Description

Six unit investment opportunity in Santa Monica featuring upside, low price per foot, large units, parking and location. The asset is generating $156k in gross income with potential income of $234k. Most units have fire places, porch/balcony, dining areas and room for in-unit washer dryers, ready for an opportunistic investor to implement a luxury remodel and value add investment strategy. The location attracts ideal tenants seeking close proximity to tech companies, boutique & luxury shopping, world class beaches, award winning restaurants and a walkable, healthy, fun, lifestyle that demands premium rents. The building is under Santa Monica rent control. Each unit offers spacious, efficient and bright floor plans including two, townhome units. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify all the information and bears all risk for any inaccuracy.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace Yes

Laundry Common Area

Exterior

Pool None

Community Features Urban

View Y/N Yes

Private Pool No

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 4267010020

Energy Description 2160.0

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric von Bluecher • Lee & Associates
Bought with Eric von Bluecher • Lee & Associates

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Cher Team

Broker | License ID: 02094241

+1(949) 683-7472

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