Closed | 7 Unit Apartment Building in Santa Monica
Austin Zahn of Lyon Stahl is pleased to have closed 410 California Ave, a 7-unit apartment building located in the heart of Santa Monica, CA.
This property closed at $2,650,000.
The 4,151 SF building was built in 1951 and sits on a 5,015 SF lot.
This property boasts a unit mix of five (5) 1bedroom 1-bathroom units and (2) studio units. All units are approximately ~700 SF (buyer to verify) and are in a well-kept original condition.
This stunning property contains five (5) onsite parking spaces and a laundry room, both of which are highly sought after in this location.
With unbeatable proximity to the famous Santa Monica Pier, shops and restaurants at Third Street Promenade, and the Pacific Ocean – coupled with great upside in market rent potential, this is a trophy asset and turnkey investment opportunity!
One unit will be delivered vacant.
For More Information on this Property:
For More Information, Contact:
Austin Zahn: [email protected]