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1704 Washington Ave
Santa Monica, CA 90403
Multifamily Property For Sale
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6828 Units
Property Facts
About 1704 WASHINGTON AVE , SANTA MONICA, CA 90403
Truly a rare and exceptional property/parcel ( Developer's dream ) of land. Rare opportunity to acquire, LIVE-in and in future build to its maximum potential. All units have characteristic of a private residence. This four-unit building in Prime Santa Monica area sits on an exceptionally situated 9322 s.f. lot with 150 feet of frontage on Washington Ave open on three sides (The property's income is based on projected amount of $3400/mo for unit #1 but current new tenant has a lease till Feb 2018 for $4500/month ) (Rent for#3 includes $730/month for 2 additional garages, one storage room and a dog charge which tenant has been paying for some years) Buyer and Buyer's agents to verify all information regardless of the source including but not limited to sq ft, room quantity, lot size, permit and etc. The Property is subject to city of Santa Monica rent control. Property is being sold as is with no credits to buyer( Next door house on a 2500 s.f. lot recently sold for $1,770,000 )
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1704 | $3,400 | - |
| 2+2 | 1706 | $3,355 | - |
| 2+2 | 1708 | $3,123 | - |
| 1+1 | 1710 | $1,915 | - |
Property Taxes
| Parcel Number | 4277-027-001 | Improvements Assessment | $984,280 |
| Land Assessment | $2,406,018 | Total Assessment | $3,390,298 |
Property Taxes
