1331 17Th Street

  • Santa Monica

  • $2,750,000
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Residential Income Details

Description
1331 & 1333 17TH STREET IS A 10 UNIT CHARMING BUNGALOW APARTMENT BUILDING. 10 SINGLES WITH SEPARATE KITCHENS AND BATHS. MOST UNITS HAVE A MURPHY BED. RENTS AVERAGE $1100.00 PER MONTH, MOST RECENT RENTALS ARE AT $1300.00. HIGH DEMAND, EASY TO RENT. TWO UNITS ARE VACANT AND WILL BE LEFT UNRENTED FOR NEW OWNER. THERE ARE 5 GARAGES THAT CAN BE RENTED FOR $400.00 OR MORE EACH, WITH ALLEY ACCESS. 1/2 BLOCK NORTH OF SANTA MONICA BLVD. WALKING DISTANCE TO SHOPS AND ST. JOHNS HOSPITAL. 7501 SQUARE FOOT LOT HAS ALLEY ACCESS. SEPARATE LAUNDRY ROOM. 1031 EXCHANGE AND SELLER IS IN ESCROW ON THE UP LEG PROPERTY. The amount shown for operating expenses of $20,771.00 includes water, trash, gas, electric, etc. a breakdown will be available soon.
Essential
MLS #SB18225079
Price$2,750,000
Number of Units10
Sale TypeStandard
Sub-TypeApartment
StatusActive Under Contract
Listing BrokerageMarian Keith
Listing AgentHoward Gunderson
Listing Agent BRE #00554522
Interior
FloorCarpet,Vinyl,Wood
CoolingNone
HeatingWall Heater
FireplaceNone
Exterior
ParkingGarage - Single Door
Garage Spaces5
PoolNone
SpaNone
RoofingAsphalt
Community
AreaC14 - Santa Monica
CommunityCurbs,Sidewalks,Street Lighting,Urban
Address1331 17Th Street
CitySanta Monica
CountyLos Angeles
StateCA
ZipCode90404
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, September 22, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.