839 Grant Street, Santa Monica, CA 90405
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Listed Price :
$2,175,000
-
Beds :
6
-
Baths :
4
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Property Size :
3,084 sqft
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Year Built :
1939
Property Description
Motivated Seller just reduced from $2,350,000 to $2,175,000 CAP RATE NOW is 5% Prime Santa Monica blocks from the beach...Charming Immaculate Pride of ownership 4 plex first time on market in 23 years. 2 / 2 Bed 1 bath & 2 / 1bed 1 bath. Buildings have been maintained with consistant attention to detail throughout the years...Including recent termite tenting 1/2023, sewer mainline connection, Copper re-pipe & Gas repipe. Includes a laundry room with seller owned new coin machines with annual income of approx. $2400. Great tenants...5 garages with one vacant/owner...potential to add second garage to make ADU..very easy management. Bread & Butter building with very low maintenance. 5 garages....1 garage come vacant w/estimated income of $400 which would change CAP RATE to 5.22
Interior Features
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
839 Grant Street |
| City |
Santa Monica |
| State |
CA |
| Zip |
90405 |
| County |
Los Angeles |
| Listing Agent |
Ronald Goldhammer DRE #01173657 |
| Courtesy Of |
Berkshire Hathaway HomeServices California Properties |
| List Price |
$2,175,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,084 |
| Lot Size |
6,492 |
| Year Built |
1939 |
Listing information courtesy of: Ronald Goldhammer, Berkshire Hathaway HomeServices California Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 11:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
