927 Ocean Ave | Santa Monica, CA 90403
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- LoopNet Team
927 Ocean Ave
Santa Monica, CA 90403
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Rare A+ Santa Monica Location Overlooking the Ocean
- Architectural, Structural, MEP, Civil & Landscaping Plans Included
- Prime Silicon Beach Location with Highly Affluent Renter Pool
- Fully Entitled with RTI Permits for 20-Units Saves Time and Cost
- Eligible for Mills Act Historical Property Tax Credit Savings of ±62%
- Opportunity to Own a Trophy Asset in an Unparalleled Location
PROPERTY FACTS
| No. Units | 16 | Building Size | 7,876 SF |
| Property Type | Multifamily | Average Occupancy | 6% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | SMR3 - Five Or More Units Or Apartments | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,876 SF |
| Average Occupancy | 6% |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | SMR3 - Five Or More Units Or Apartments |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | - |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 4292-026-018 | Improvements Assessment | $1,101,600 |
| Land Assessment | $1,837,020 | Total Assessment | $2,938,620 |
PROPERTY TAXES
Parcel Number
4292-026-018
Land Assessment
$1,837,020
Improvements Assessment
$1,101,600
Total Assessment
$2,938,620
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