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2306 3rd St
Santa Monica, CA 90405
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Legacy 12-Unit Property in the Ocean Park Neighborhood of Santa Monica
- Unit Mix: (3) 2-Bed/1-Bath, (8) 1-Bed/1-Bath, (1) Studio
- 4.79% CAP | 7.11% Market CAP
- Double Lot! (1) 4-Unit Building, (1) Duplex, (1) SFR + (1) Studio Attached, (4) Detached Bungalows
- 7,937 Total RSF On a 12,703 SF Lot
- Located in Ocean Park Conveniently Nestled Between Venice Beach and Downtown Santa Monica
Property Facts
| No. Units | 12 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,291 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1923 |
| Building Class | C | ||
| Zoning | SMOP2* | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,291 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | SMOP2* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $2,501 | - |
| 1+1 | 8 | $2,405 | - |
| Studios | 1 | $1,820 | - |
Property Taxes
| Parcel Number | 4289-015-012 | Improvements Assessment | $217,774 |
| Land Assessment | $754,381 | Total Assessment | $972,155 |
Property Taxes
Parcel Number
4289-015-012
Land Assessment
$754,381
Improvements Assessment
$217,774
Total Assessment
$972,155
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