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2103 3rd St
Santa Monica, CA 90405
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Huge Value-Add 16-Unit with Market CAP at a 6.34% CAP
- Great unit mix consisting of 4(2Bed+2Bath), 9(1Bed+1Bath) & 3(Studio) Units
- 20 parking spots for all tenants, as well as ample street parking
- 7 Units will be delivered vacant, offering immediate upside once rented out!
- One of Santa Monica's most unique architectural assets
- A+ Location, Just a couple of blocks from the beach; Some units have ocean views!
Property Facts
| No. Units | 15 | Lot Size | 0.29 AC |
| Property Type | Multifamily | Building Size | 12,321 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1905 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Zoning | SMOP2* | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 12,321 SF |
| No. Stories | 4 |
| Year Built | 1905 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | SMOP2* |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 4 | - | - |
| Studios | 3 | - | - |
Property Taxes
| Parcel Number | 4289-013-017 | Improvements Assessment | $3,077,503 |
| Land Assessment | $3,501,986 | Total Assessment | $6,579,489 |
Property Taxes
Parcel Number
4289-013-017
Land Assessment
$3,501,986
Improvements Assessment
$3,077,503
Total Assessment
$6,579,489
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