1324 Berkeley St | Santa Monica, CA 90404
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- LoopNet Team
1324 Berkeley St
Santa Monica, CA 90404
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Seller Financing Available
- Priced Below Replacement Cost at $327 Per Square Foot
- Desirable Mid-City Santa Monica Neighborhood, between Wilshire and Santa Monica Boulevards
- Amazing Value-Add Opportunity, ±105% Rental Upside Potential
- Owner/User Potential
- Excellent Unit Mix: All Two- and Three-Bedroom Units, Spacious Units Average ±1,250 SF, All Units Have a Patio or Balcony
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 9,022 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | ||
| Zoning | R2 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 9,022 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Refrigerator
- Patio
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 5 | $3,500 | 1,100 |
| 3+2 | 2 | $4,500 | 1,625 |
PROPERTY TAXES
| Parcel Number | 4267-012-017 | Improvements Assessment | $458,490 |
| Land Assessment | $2,244,000 | Total Assessment | $2,702,490 |
PROPERTY TAXES
Parcel Number
4267-012-017
Land Assessment
$2,244,000
Improvements Assessment
$458,490
Total Assessment
$2,702,490
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