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- LoopNet Team
901 3rd St
Santa Monica, CA 90403
Wave@3rd (Multi-family) · Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Building Size | 38,918 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1973 |
| Building Class | B | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | SMR3 - Multi Family Dwelling | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 38,918 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 1973 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | SMR3 - Multi Family Dwelling |
AMENITIES
UNIT AMENITIES
- Balcony
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
SITE AMENITIES
- Fitness Center
- Spa
- Recycling
ABOUT 901 3RD ST , SANTA MONICA, CA 90403
"As one of only a few north-of-Wilshire assets built after 1970, the Property is positioned as a generational opportunity offering modern amenities in one of the most supply-constrained markets in the world. The Wave is located in the prestigious north of Wilshire submarket of Santa Monica. The area is comprised of the 90402 and 90403 zip codes, bound by Wilshire Boulevard to the southeast, Channel Road to the northwest, 26th street to the northwest, and the Pacific Ocean to the southwest, and is one of the most exclusive and affluent residential neighborhoods in Los Angeles. Trendy Montana Avenue is located in the north of Wilshire neighborhood and is a charming 10-block, open-air shopping district with more than 150 high-end boutiques and lifestyle restaurants. North of Wilshire also boasts San Vicente Boulevard, along which the average home sale in 2018 was $5.06 million, or $1,170 per square foot. San Vicente is famous for its coral trees and the Santa Monica stairs."
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 901 - 1,020 |
| 2+2 | 8 | - | 1,100 - 1,405 |
PROPERTY TAXES
| Parcel Number | 4292-018-020 | Improvements Assessment | $10,820,533 |
| Land Assessment | $13,386,227 | Total Assessment | $24,206,760 |
PROPERTY TAXES
