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2820 3rd St
Santa Monica, CA 90405
2820 3rd St. · Multifamily Property For Sale
·
6 Units
Investment Highlights
- STABLE INVESTMENT PROPERTY – current rents are only slightly below market, a rare scenario for a rent-controlled building in Santa Monica
- VACANT UNIT – allows for either an owner/occupier opportunity or a leasing opportunity in a very tight Santa Monica rental market
- PRIME LOCATION – Easy walking distance to the beach, dining, retail and entertainment on Main Street
- EXCELLENT UNIT MIX – Six (6) 2bed+2bath units
- EXCEPTIONAL UNIT LAYOUT – all units have two master bedrooms with ensuite bath
- NO SOFT-STORY RETROFIT REQUIRED – The City of Santa Monica has approved the property as in compliance due to work completed by a prior owner.
Property Facts
| No. Units | 6 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 4,636 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Zoning | SMOP2* | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,636 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | SMOP2* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | $3,438 | 772 |
Property Taxes
| Parcel Number | 4287-023-014 | Improvements Assessment | $1,420,552 |
| Land Assessment | $2,071,644 | Total Assessment | $3,492,196 |
Property Taxes
Parcel Number
4287-023-014
Land Assessment
$2,071,644
Improvements Assessment
$1,420,552
Total Assessment
$3,492,196
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