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2810 Kansas Ave
Santa Monica, CA 90404
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Excellent Santa Monica Location – 1 Block North of Pico Boulevard and 2 Miles of Santa Monica Beach, Ocean Avenue, 3rd Street Promenade & the Pier
- 6.16% Current Cap Rate & 11.74 Current GRM | 6.84% Pro-Forma Cap Rate & 10.85 Pro-Forma GRM | Each Unit Contains an Individual Hot Water Heater
- Two Units Remodeled with Quartz Counters, Upgraded Bathrooms and Newer Windows
- Outstanding Unit Mix of (1) 3-Bedroom/2-Bathroom Front Unit, (1) 3-Bedroom/1-Bathroom Unit and (3) 2-Bedroom/1-Bathroom Units
- Front 3-Bedroom Unit Contains Private Front Yard and Laundry Room with Washer/Dryer Hook-Ups
- Located Just a Few Blocks from Whole Foods Market, Bergamot Station Arts Center, Santa Monica Business Park, Water Garden, Trader Joes & Expo Line
Property Facts
| No. Units | 5 | Building Size | 4,560 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R2, Santa Monica | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,560 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | R2, Santa Monica |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Yard
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,433 | - |
| 3+1 | 1 | $2,952 | - |
| 2+1 | 3 | $2,841 | - |
Property Taxes
| Parcel Number | 4274-031-016 | Improvements Assessment | $170,438 |
| Land Assessment | $556,377 | Total Assessment | $726,815 |
Property Taxes
Parcel Number
4274-031-016
Land Assessment
$556,377
Improvements Assessment
$170,438
Total Assessment
$726,815
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