1015 3rd St | Santa Monica, CA 90403
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1015 3rd St
Santa Monica, CA 90403
TWO Trophy Properties in A+ Locations · Multifamily Property For Sale
·
46 Units
INVESTMENT HIGHLIGHTS
- Generational opportunity to acquire two trophy multifamily assets totaling 46 units in a prestigious "North of Wilshire" Santa Monica location
- Exceptional unit mix of 1-, 2-, and 3-bedroom floor plans, all designed to maximize natural light
- Opportunity to establish a dominant rental footprint in one of the most supply-constrained and prestigious rental markets in Los Angeles
- Both properties extensively renovated with luxury finishes and systems:new plumbing, new electrical, split system AC, fireplaces, in-unit washer/dryer
- Prime location steps from the Pacific Ocean, Montana Avenue, and Santa Monica’s finest dining, retail, and cultural amenities
- Irreplaceable coastal real estate with high barriers to entry and limited future multifamily development potential
PROPERTY FACTS
| No. Units | 46 | Lot Size | 0.78 AC |
| Property Type | Multifamily | Building Size | 38,871 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Zoning | R4 - restricted Density Multiple Dwelling | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 38,871 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | R4 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 1 | - | 1,450 |
| 2+2 | 6 | - | 1,200 |
| 1+1 | 39 | - | 761 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,017,453 | |
| Land Assessment | $18,781,686 | Total Assessment | $24,799,139 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,781,686
Improvements Assessment
$6,017,453
Total Assessment
$24,799,139
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
