1008 2nd St | Santa Monica, CA 90403
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- LoopNet Team
1008 2nd St
Santa Monica, CA 90403
14 Units in A++ Santa Monica Location · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Premier Santa Monica Location
- Excellent Unit Mix
- Significant Rental Upside
- First Time Ever on the Market for Sale!
- $524,200 Spent on Apartment Renovations; $295,900 Spent on Common Area Renovations
- Walk to 3rd Street Promenade, the beach and 4th Street Metro Line
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 15,600 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Zoning | SMR4* | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 15,600 SF |
| No. Stories | 3 |
| Year Built | 1969 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | SMR4* |
AMENITIES
UNIT AMENITIES
- Balcony
- Views
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,155 | 800 |
| 1+2 | 5 | $2,830 | 1,200 |
| 2+2 | 4 | $3,364 | 1,250 |
| 2+3 | 1 | $4,542 | 1,400 |
PROPERTY TAXES
| Parcel Number | 4292-027-003 | Improvements Assessment | $3,130,563 |
| Land Assessment | $7,322,335 | Total Assessment | $10,452,898 |
PROPERTY TAXES
Parcel Number
4292-027-003
Land Assessment
$7,322,335
Improvements Assessment
$3,130,563
Total Assessment
$10,452,898
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