2241 Virginia AVE

Estimated Monthly Payment: $41,701/mo 2241 Virginia AVE, Santa Monica, CA 90404 MLS# 20-653122 Residential Income Listing Status: Active
18
9,575 sqft
33
2
0
0

REMARKS:

LND Realty is pleased to present 2241 Virginia Ave in Santa Monica California. A 15 unit apartment complex (14 condo's) with 9 units currently vacant. The units were converted to condominiums via Santa Monicas Tenant Ownership Rights Charter Amendment (TORCA) in the 1980s, and as such, each unit has its own parcel number, however, the building is currently operated as an apartment building. A new investor may benefit from exploring a condo sales exit strategy. The property features controlled access, sun deck, pool, onsite laundry, and parking. No seismic retrofit is required as it has been satisfied per city requirements. The accuracy of all information, regardless of source, including but not limited to sq ft & lot sizes is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

OVERVIEW:

Residential Income
Active
1957
9575
Gated Community, Lawn, Landscaped
Shingle
None
Assigned, Built-In Storage, Covered Parking
Wall Gas
None
Meter on Property

FEATURES:

Garbage Disposal, Dishwasher, Ceiling Fan, Intercom, Refrigerator, Range/Oven
Community
Gated, Fire and Smoke Detection System
Courtyard

ROOM INFO:

18
Hardwood, Laminate, Tile

SCHOOLS:

Santa Monica-Malibu Unified School District

FINANCIAL:

$7,500,000
$90,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Adam Kanizo - LND Realty

 

 

 

The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. Real estate listings held by brokerage firms other than Keller Williams Realty Silicon Beach are marked with the IDX logo.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Combined L.A./Westside MLS. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

 

Lifestyle, neighborhood, and school data ("Supplemental Data") is provided by the operator of this website as a convenience to users. This Supplemental Data is not provided or reviewed by Combined L.A./Westside MLS. The operator of this website updates the Supplemental Data from time to time, but it does not represent, warrant or otherwise promise that the Supplemental Data is current, free from defects, or error-free. All Supplemental Data is provided AS IS with all faults. Users are encouraged to consult their own data sources to confirm the accuracy of all Supplemental Data before using the Supplemental Data as a basis for any decision. Complete list of data sources.

 

Data last updated: 12/01/2020