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1527 9Th Street, Santa Monica, CA 90401 (MLS # 20659778)

Price $7,400,000
Status Active
Beds 0
Baths 0 Bath
Home size 11,000 sqft
Lot Size 7,406 sqft
Days on Market 104
Rare investment opportunity for 9 units apartment built in1990 in the heart of Santa Monica. As far as rent increase is concerned, it's not under City rent control and only new State law applies, which allows 5 % + CPI increase each year. Over the past several years, extensive renovation had been taken place throughout the building such as a new roof, new central water heater, new windows, new gate motor, and rear carport had been enclosed by a new gate and fence. Eight out of nine units had been upgraded and each unit has an inside washer/dryer, central a/c, and balcony or patio or both. The property is locating a stone's throw away from shops and restaurants. Close to beach and good FW access.
Property Type(s): Residential Income
Last Updated 11/14/2020 Year Built 1990
Community C14 - Santa Monica County Los Angeles

Additional Details

AIR Central Air
APPLIANCES Dishwasher, Disposal, Gas Oven, Oven, Range, Refrigerator
AREA C14 - Santa Monica
CONSTRUCTION Stucco, Wood Siding
GARAGE Assigned, Covered, Gated
HEAT Central, Heat Pump
INTERIOR Elevator, Intercom, Living Room Balcony
LOT 7405 sq ft
STYLE Contemporary
VIEW DESCRIPTION City Lights,Mountain(s)



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Listing provided by : Toshiro Ohinata CalDRE: 01075788, WS Realtors Inc.

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