920 Marine Street

    Santa Monica, CA 90405
    • $1,995,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: SR19207922
    UPDATED: 84 min ago
    $1,995,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,930
      SQFT
    • $508
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Ratings & Info

    Description

    920 Marine St. is a value-add fourplex with an incredible unit mix located in prime Santa Monica, CA. The property is a garden-style apartment complex built in 1967. The building is comprised of 2 (2+1) and 2 (3+2) units. Building amenities include tandem parking, rear patio, & bicycle parking. Units are spacious, offering plenty of cabinet space and second floor units offer high ceilings with exposed wood beams and rear balconies with view. East of Lincoln Boulevard, the property is centrally located near the beach, 10-freeway, and PCH in a well-sought-after community. The building is also near Whole Foods Market, Caf+- Gratitude, the famous Main Street and Venice, CA. Boasting a +G+walk score+G- of 84, the location is ranked as very walkable. Tenants have easy access to a thriving community filled with endless opportunities for nearby education, employment, entertainment, recreation & dining. Low vacancy rates in Santa Monica coupled with continued low interest rates, have led to multifamily investment properties becoming a highly attractive assets class

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T11:26:39.267. 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 or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/98509340

    920 Marine Street Santa Monica, CA 90405

    • Price: $1,995,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: SR19207922
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,930
    SQFT
    $508
    $/SQFT
    1967
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    920 Marine St. is a value-add fourplex with an incredible unit mix located in prime Santa Monica, CA. The property is a garden-style apartment complex built in 1967. The building is comprised of 2 (2+1) and 2 (3+2) units. Building amenities include tandem parking, rear patio, & bicycle parking. Units are spacious, offering plenty of cabinet space and second floor units offer high ceilings with exposed wood beams and rear balconies with view. East of Lincoln Boulevard, the property is centrally located near the beach, 10-freeway, and PCH in a well-sought-after community. The building is also near Whole Foods Market, Caf+- Gratitude, the famous Main Street and Venice, CA. Boasting a +G+walk score+G- of 84, the location is ranked as very walkable. Tenants have easy access to a thriving community filled with endless opportunities for nearby education, employment, entertainment, recreation & dining. Low vacancy rates in Santa Monica coupled with continued low interest rates, have led to multifamily investment properties becoming a highly attractive assets class
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 106524.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN No Net Operating Income 0.00 New Construction YN No New Taxes Expense 24938.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 33023.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Smr2*

    Listing provided courtesy of Raymond Rodriguez of Keller Williams Realty Calabasas


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T11:26:39.267. 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 or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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