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401 409 San Vicente BLVD Santa Monica, CA 90402
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Key Details
Sold Price $7,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20630812
Sold Date 02/17/21
HOA Y/N No
Year Built 1953
Lot Size 0.350 Acres
Acres 0.35
Property Description
401-409 San Vicente Blvd. is a rare and once in a generation multi-family opportunity. This seventeen unit property is in a prime location on the corner San Vicente Blvd. and 4th Street in Santa Monica. Short distance to the beach, 3rd St. Promenade and Montana Ave. The seventeen units consists of 14 - 1 BR + 1 bath and 3 -2 BR + 1 bath units. Value-add opportunity with below market rents. All of units have individual water heaters. Additional income provided by on site laundry and parking spaces. There are currently two units that are vacant. A rare opportunity for any multi-family investor looking to add a highly sought after property to their portfolio.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Garage Garage
Parking Type Garage
Building
Story 2
Others
Senior Community No
Tax ID 4293001028
Special Listing Condition Standard
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Bought with Errol Spiro • Miller & Desatnik Realty Co.
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