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920 Marine ST Santa Monica, CA 90405
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Key Details
Sold Price $1,945,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,930 sqft
Price per Sqft $494
MLS Listing ID SR20247645
Sold Date 02/19/21
HOA Y/N No
Year Built 1967
Lot Size 5,680 Sqft
Acres 0.1304
Property Description
920 Marine St. is a value-add fourplex with an incredible unit mix located in prime Santa Monica, CA. The property is a garden-style apartment complex built in 1967. The building is +/- 3,930 square foot building on +/- 5,680 square foot lot, zoned SMR2 and comprised of 1 (2+1), 1 (2+1.5) and 2 (3+2) units. Building construction is of wood frame with a flat roof and painted stucco exterior.
Recent capital expenditures include a new roof and turf. Building amenities include tandem parking, rear balconies (2nd floor units only), & bicycle parking. Units are spacious, offering plenty of cabinet space and second floor units offer high ceilings with exposed wood beams and rear balconies with view.
Currently, management is holding unit #2 which is a two-bedroom, one- half bath and unit #4 which is a three-bedroom, two-bath vacant. These units may be delivered vacant at the close of escrow depending on timing and terms for closing.
Aesthetically, the property offers beautiful curb appeal and is well maintained.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4285036018
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Contract, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Raymond Rodriguez • Keller Williams Realty Calabasas