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1401 Palisades Beach RD Santa Monica, CA 90401
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Key Details
Sold Price $6,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,780 sqft
Price per Sqft $1,307
MLS Listing ID 21685982
Sold Date 03/03/22
HOA Y/N No
Year Built 1912
Lot Size 4,761 Sqft
Acres 0.1093
Property Description
1401 Palisades Beach Rd is located on the sand of Santa Monica Beach. Offering investors a once-in-a-lifetime opportunity to reposition a 11-unit building with an attractive unit mix. Steps from world famous Santa Monica Pier, 3rd Street Promenade and Montana Avenue. The property has 1920s charm with modern updates, hardwood flooring, lots of natural light and breathtaking ocean views. The large beach front patio has a fully functioning kitchen including Viking grill and stainless steel appliances. Only blocks from bustling Santa Monica Blvd and the Pacific Ocean, this desirable location earns a Walk Score of 91. Tenants can enjoy the amenities of Third Street Promenade boutique shops, dining and nightlife. 15 minute walk to the new Santa Monica Expo, allowing access to areas all over LA County. With it's convenient Westside location Santa Monica is hub for world-class tech, e-commerce, media & entertainment companies. Delivered vacant with 22 parking spaces.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2B*
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage None
Community Features Gated
Parking Type None
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4291031008
Security Features GatedCommunity,KeyCardEntry
Special Listing Condition Standard
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Bought with Jason Vogel • Jason Vogel, Broker
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