725 9th Street , Santa Monica, CA - 90402 is For Sale

  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
  • 24369815
$4,400,000· Income property

Description

For the first time, this 6-Unit Apartment Building with spacious Owner's Unit is for sale north of Montana Avenue in Santa Monica. This well-maintained property is in a desirable neighborhood steps away from the shops and restaurants on Montana Avenue and minutes from the beach. The unit mix consists of four 2-bedrooms (three of which are townhouses),one 1-bedroom, and one 3-bedroom Owner's unit with private entrance, garage and bonus room in the basement. Feels like home!

Features

MLS#: 24369815
List Price : $4,400,000
Total Units : 6
CAP rate : $3.81
Gross Operating Income : $255,898
Net Operating Income : $167,621
Sq M : 697 M2
Year Built : 1961
Days on market : 40 Days
Gross taxes : N/A
Address : 725 9th Street
City : Santa Monica
State : CA
Zip Code : 90402
Neighborhood : N/A
Appliances : Dishwasher, Refrigerator
Stories : 2
Parking Features : Carport, Garage
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $4,400,000
Acres : 0.1722
Lot Size (Acres) : 0.1722
Heating : Electric
Parking Features : Carport, Garage
Cooling : None
Flooring : Laminate, Carpet
Driving Directions : North of Montana on 9th Street - Santa Monica.
 
Courtesy of : William Dawson , Sullivan-Dituri Co.Realtors

Location

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