1307 17TH Street

    Santa Monica, CA 90404
    • $3,500,000
    • STATUS: Active
    • ON SITE: 157 days
    • ID#: 18313206
    UPDATED: 11 min ago
    $3,500,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,004
      SQFT
    • $874
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Great upside potential for these 7 individual casitas on a lot. Unit numbers are 1307, 1307a, 1307b, 1309, 1313, 1313a, 1313b. Built in 1923, these lovely cottages have original kitchens and baths, laundry rooms, hardwood floors and walk in closets. Parking is on street and permitted. Property has 4 garages which rent out separately .All 7 units are occupied. According to lot size, Santa Monica projects that 9 units could be build on this site, with one reserved for affordable housing. Check with City of Santa Monica for other possible restrictions. Drive by or call listing agent for showing.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T15:28:39.953. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/80745733

    1307 17TH Street Santa Monica, CA 90404

    • Price: $3,500,000
    • Status: Active
    • Updated: 11 min ago
    • ID#: 18313206
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,004
    SQFT
    $874
    $/SQFT
    1923
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Great upside potential for these 7 individual casitas on a lot. Unit numbers are 1307, 1307a, 1307b, 1309, 1313, 1313a, 1313b. Built in 1923, these lovely cottages have original kitchens and baths, laundry rooms, hardwood floors and walk in closets. Parking is on street and permitted. Property has 4 garages which rent out separately .All 7 units are occupied. According to lot size, Santa Monica projects that 9 units could be build on this site, with one reserved for affordable housing. Check with City of Santa Monica for other possible restrictions. Drive by or call listing agent for showing.
    Exterior Features

    Garage Spaces 4.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features StreetGarage Parking Total 4.00 Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Cable Tv Expense 0.00 Cap Rate 3.60 Country Us Furniture Replacement Expense 0.00 Garage Income 10800.00 Gross Income 15033.00 Gross Multiplier 19.00 Gross Operating Income 180391.00 Improvements Amount 36598 Insurance Expense 2584.00 Land Lease YN No Land Value 329507 Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 1800.00 Net Operating Income 127407.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Wall AC 1 Number With Dishwasher 0 Number With Range 7 Number With Refrigerator 7 Operating Expense 0.00 Other Expense 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Security Expense 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Taxes Percent 1.20 Total Expenses 52983.00 Trash Expense 1800.00 Vacancy Allowance Rate 5.00 Water Sewer Expense 1800.00 Workmans Compensation Expense 0.00 Zoning Smr2*

    Listing provided courtesy of Anne Russell of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T15:28:39.953. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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