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222 228 Idaho AVE Santa Monica, CA 90403
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Key Details
Sold Price $9,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,640 sqft
Price per Sqft $578
MLS Listing ID SR20193834
Sold Date 01/22/21
HOA Y/N No
Year Built 1954
Lot Size 0.344 Acres
Acres 0.3445
Property Description
The Idaho & 3rd Apartments are a well maintained 20-unit apartment community located in the primest of the prime locations in Santa Monica, California. Set amid lush surroundings on a 15,006 square foot lot, the 15,640 square foot property offers studios, one- and two-bedroom apartment homes. Built in 1954, the property offers, a phenomenal rental location and superb freeway access.
* Prime 3rd Street Location
* Two Blocks to the Santa Monica Cliffs & Palisades Park
* 25% Upside in Rents
* Reposition Opportunity (5 units delivered vacant)
* Parking (16 Garage Parking Spaces, 8 Uncovered Parking Spaces)
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Assigned
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Biking, Curbs, Dog Park, Hiking, Mountainous, Park, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports
Parking Type Assigned
Total Parking Spaces 24
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4292023001
Energy Description 2457.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Joseph Hards • Herbert Balter Realty
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