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1547 Stanford St
Santa Monica, CA 90404
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Incredible Unit Mix of All Large Townhome Units Consisting of All Three & Two Bedroom Units
- New Roof, Electrical, Windows, Paint, Main Sewer Line, Plumbing, Drains, and Soft Story Retrofit Completed
- Value-Add Investment Opportunity with Over 55% Rental Upside Potential | One (1) Three Bedroom Unit to be Delivered Vacant
- Well-Maintained, Pride of Ownership Building with over $400,000 Spent on Recent Capital Improvements within the Last Few Years
- Over 8,500 Rentable SF Offering Spacious Open Floor Plans | Private Patios, Walk-in Closets, Additional Closets Throughout & Plenty of Natural Light
- Three (3) Single Car Garages & Two (2) Tandem Tuck Under Parking Spaces | On-Site Laundry Facility
Property Facts
| No. Units | 5 | Building Size | 8,641 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | SMR2* - Multi-Family | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,641 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | SMR2* - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Storage Space
- Individual Locking Bedrooms
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 3 | - | 1,200 - 1,300 |
| 3+3 | 2 | - | 1,400 - 1,500 |
Property Taxes
| Parcel Number | 4267-026-019 | Improvements Assessment | $705,465 |
| Land Assessment | $235,144 | Total Assessment | $940,609 |
Property Taxes
Parcel Number
4267-026-019
Land Assessment
$235,144
Improvements Assessment
$705,465
Total Assessment
$940,609
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