500 California Ave | Santa Monica, CA 90403
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- LoopNet Team
500 California Ave
Santa Monica, CA 90403
Price Reduced $800k! 23U in Prime SM · Multifamily Property For Sale
·
23 Units
Investment Highlights
- PRICE REDUCED $800,000!
- 23 units - under $487k per unit; Charming courtyard style – two story walk up
- Thriving technology, media & entertainment hub: SM is an integral part of Silicon Beach; home to Google, Facebook, Snapchat, Hulu, among many others
- World class Santa Monica location - four blks to Ocean; Walk to 3rd Street Promenade (three blocks); 15,007 SF corner lot, north of Wilshire Blvd
- Average household income over $144k & average housing value over $1.5 million within ½ mile
- PROPERTY WEBSITE: https://500california.berkadiarea.com/
Property Facts
| No. Units | 23 | Building Size | 17,213 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.7/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | R4, Santa Monica | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 17,213 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | R4, Santa Monica |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Smoke Free
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 10 | - | - |
| 2+2 | 12 | - | - |
Property Taxes
| Parcel Number | 4292-012-023 | Improvements Assessment | $1,144,127 |
| Land Assessment | $1,235,822 | Total Assessment | $2,379,949 |
Property Taxes
Parcel Number
4292-012-023
Land Assessment
$1,235,822
Improvements Assessment
$1,144,127
Total Assessment
$2,379,949
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