1527 9Th St

Estimated Monthly Payment: $33,745/mo 1527 9Th St, Santa Monica, CA 90401 MLS# 20-659778 Residential Income Listing Status: Active
18
11,000 sqft
17
1
0
0

REMARKS:

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 few 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.

OVERVIEW:

Residential Income
Active
Contemporary
1990
0.17
11000
Fenced
Stucco, Wood Siding
Composition, Flat
None
Assigned, Attached, Covered Parking, Gated, Gated Underground
Central, Heat Pump
Central, Air Conditioning
District
In Street

FEATURES:

Elevator, Intercom, Living Room Balcony
Ceiling Fan, Dishwasher, Dryer, Elevator, Garbage Disposal, Intercom, Washer, Refrigerator, Range/Oven, Phone System, Cable
Living Room, Gas
None
Balcony, Living Room Balcony, Roof Top Deck
Granite Counters
Carbon Monoxide Detector(s), Smoke Detector, Gated
City, City Lights, Mountains

ROOM INFO:

18
Tile, Shower Over Tub
Double Pane Windows, Vertical Blinds, Window Blinds
Laminate, Tile, Vinyl

FINANCIAL:

$7,400,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Toshiro Ohinata - WS Realtors Inc.

 

 

 

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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