Address
1326 Yale St Santa Monica, CA
Price
$ 2,795,000
Property Attributes
  • MLS#NDP2000089
  • TypeContingent
  • CountyLOS ANGELES
  • CitySanta Monica
  • NeighborhoodSanta Monica
  • Zip90404
  • Style2-4 UNITS
  • Price$ 2,795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,497 SqFt
Listing Provided Courtesy Of:
Lee & Associates
Property Description

Six unit investment opportunity in Santa Monica featuring upside, low price per foot, large units, parking and location. The asset is generating $130k in gross income with potential income of $240k. Several tenants have expressed interest in buyout agreements. Most units have fire places, porch/balcony, dining areas and room for in-unit washer dryers, ready for an opportunistic investor to implement a luxury remodel and value add investment strategy. The location attracts ideal tenants seeking close proxi Six unit investment opportunity in Santa Monica featuring upside, low price per foot, large units, parking and location. The asset is generating $130k in gross income with potential income of $240k. Several tenants have expressed interest in buyout agreements. Most units have fire places, porch/balcony, dining areas and room for in-unit washer dryers, ready for an opportunistic investor to implement a luxury remodel and value add investment strategy. The location attracts ideal tenants seeking close proximity to tech companies, boutique & luxury shopping, world class beaches, award winning restaurants and a walkable, healthy, fun, lifestyle that demands premium rents. The building is under Santa Monica rent control. Each unit offers spacious, efficient and bright floor plans including two, townhome units. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify all the information and bears all risk for any inaccuracy.

Price History
10/5/2020 Listed $2,795,000

General Features

Neighborhood Santa Monica
Sale/rent For Sale
Terms Cash
Total Units 6

Exterior Features

Lot Size Area 4, 000-7, 499 SF
Number of Buildings 1
Pool Y/N N/K

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90404

Price
AVG $1.35M
$2.8M
Visits
AVG 30
24
Walkscore
AVG 84
90
Data Provided by Walkscore ® not using MLS data

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