New Listing – 7-Unit Property in Santa Monica

New Listing – 7-Unit Property in Santa Monica

Austin Zahn of Lyon | Stahl Investment Real Estate is pleased to present 410 California Ave, a stunning 7-unit property for sale in Santa Monica!

This property is listed for $2,949,000

410 California Ave sits in one of the most desirable rental pockets in all of Los Angeles. With all that Santa Monica has to offer at your fingertips, this property is a sure thing to be a fantastic investment!


Investment Highlights: 

  • Unit mix contains: (5) 1-bedroom 1-bath units, (2) Studios 1-bath
  • All Units are Offered in Well-Kept Original Condition at Only $421,286 per door
  • 5-onsite parking – Onsite laundry

City Overview:

Santa Monica is a beachfront suburb on the Westside of Los Angeles County situated on the Santa Monica Bay and bordered byPacific Palisades, Brentwood, Venice and the Pacific Ocean with a population of 89,736.

The Santa Monica Pier was built in 1909 and attracts thousands of tourists a day. Santa Monica enjoys an average of 310 days of sunshine a year. Santa Monica real estate values have gone up 2.2% over the past year and the median price of homes listed in Santa Monica is $1,562,500. Santa Monica students have a variety of schools (34 public schools and 12 private schools) along with Santa Monica College, which boasts the highest number of transfers to University of California colleges.

 

 

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