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522-532 Idaho Ave
Santa Monica, CA 90403
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Marcus & Millichap is pleased to present 522-532 Idaho Ave, a six-unit investment opportunity in the coastal city of Santa Monica
- The majority of the units are leased at below market rents, 35% rental upside
- Santa Monica is one of the best locations in Los Angeles, located just below Brentwood, this booming area is home to young professionals and families
- Located in the highly desirable, prime Wilshire/ Montana neighborhood, just one block south of Montana Avenue & only five blocks from Ocean Avenue
- Separately metered for electric
- Third Street Promenade provides residents with great dining and shopping experiences, while the beach and Santa Monica Pier allow residents to enjoy s
Property Facts
| No. Units | 6 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,360 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Building Class | B | ||
| Zoning | SMR2* | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,360 SF |
| No. Stories | 1 |
| Year Built | 1922 |
| Zoning | SMR2* |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Porch
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 4292-010-001 | Improvements Assessment | $408,000 |
| Land Assessment | $2,014,500 | Total Assessment | $2,422,500 |
Property Taxes
Parcel Number
4292-010-001
Land Assessment
$2,014,500
Improvements Assessment
$408,000
Total Assessment
$2,422,500
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