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1824 Michigan Ave
Santa Monica, CA 90404
Multifamily Property For Sale
·
7 Units
Investment Highlights
- TWO ADU's with plans and permits under development in back of SFR residence
- Massive corner double-lot in Santa Monica with ADU's in work!
- 3BR, 2BA Single Family Residence can be delivered vacant at the close of escrow!
Property Facts
| No. Units | 7 | Building Size | 5,160 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | SMR2* - Low Density Residential | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 5,160 SF |
| Average Occupancy | 86% |
| No. Stories | 1 |
| Year Built | 1922 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | SMR2* - Low Density Residential |
Amenities
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 450 |
| 1+1 | 1 | - | 650 |
| 2+1 | 4 | - | 725 |
| 3+2 | 1 | - | 1,144 |
Property Taxes
| Parcel Number | 4274-012-002 | Improvements Assessment | $672,730 |
| Land Assessment | $2,164,864 | Total Assessment | $2,837,594 |
Property Taxes
Parcel Number
4274-012-002
Land Assessment
$2,164,864
Improvements Assessment
$672,730
Total Assessment
$2,837,594
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