2032-2106 Delaware Ave | Santa Monica, CA 90404
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- LoopNet Team
2032-2106 Delaware Ave
Santa Monica, CA 90404
Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- A 2-story wood frame construction apartment building with 30 total units, and 2 parking structures in the back.
- Situated on a large 1.09-acre lot with low site coverage, providing ample room for 2 to 4 ADUs.
- Units feature full kitchens and access to on-site laundry service.
- The property consists of a mix of 20 one-bedroom units, 2 two-bedroom townhome units, and 8 two-bedroom units, and offers 38% rental upside.
- Includes 26 private one-car garages.
- Mature landscaping and open layout create a spacious, garden-style feel.
PROPERTY FACTS
| No. Units | 30 | Building Size | 24,494 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 1.09 AC | ||
| Zoning | SM R2 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 24,494 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | SM R2 |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 644 |
| 2+2 | 2 | - | 1,140 |
| 2+1 | 8 | - | 744 |
PROPERTY TAXES
| Parcel Number | 4274-021-016 | Improvements Assessment | $1,409,291 |
| Land Assessment | $3,395,117 | Total Assessment | $4,804,408 |
PROPERTY TAXES
Parcel Number
4274-021-016
Land Assessment
$3,395,117
Improvements Assessment
$1,409,291
Total Assessment
$4,804,408
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