2312 3RD Street

    Santa Monica, CA 90405
    • $2,325,000
    • STATUS: Closed
    • ON SITE: 166 days
    • ID#: 18358560
    Sold - 09/14/2018
    $2,325,000
    SOLD - 09/14/2018
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,612
      SQFT
    • $1,442
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Charming triplex close to the beach in Santa Monica. One unit is vacant. Owner occupancy can obtain exemption from rent control. This property is being sold subject to 1031 tax deferred exchange. Rents do not include 2018 increases and pass -throughs - rounded - Unit #2 is estimated - could be higher with additional upgrades or owner-occupied.

    Sold by Patricia O'neill 'Tica' of Molloy Real Estate Service.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85020459

    2312 3RD Street Santa Monica, CA 90405

    • Price: $2,495,000
    • Status: Closed
    • ID#: 18358560
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,612
    SQFT
    $1,442
    $/SQFT
    1953
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Charming triplex close to the beach in Santa Monica. One unit is vacant. Owner occupancy can obtain exemption from rent control. This property is being sold subject to 1031 tax deferred exchange. Rents do not include 2018 increases and pass -throughs - rounded - Unit #2 is estimated - could be higher with additional upgrades or owner-occupied.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Appliances Garbage Disposal Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Association Amenities Other Association YN Yes Gross Multiplier 35.00 Gross Operating Income 72000.00 Improvements Amount 194185 Land Value 373443 Net Operating Income 60000.00 Special Listing Conditions Standard Total Expenses 12000.00 Zoning Smop2*

    Listing provided courtesy of Patricia O'neill 'Tica' of Molloy Real Estate Service.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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