Residential Income Details
This property can be sold as part of a portfolio sale including 1 other fourplex located at 1301 S. Saltair Los Angeles, CA 90025.
920 Marine Street apartment complex is comprised of 4 garden-style apartment units in one two-story building. The building construction is of wood frame with a flat roof and painted stucco exterior. Development was completed in 1967 with a total of 3,930 building square feet on a 5,680 square foot lot. Current zoning is SMR2.
The apartment units are very spacious and consist of 2 three-bedroom/two-bath units and 2 two-bedroom/one-bath units. Some of the units have been remodeled with hardwood floors, modern kitchens, and bathrooms. The upstairs units have exposed beams and balconies. The units are large and resemble more of a condominium unit rather than a typical apartment unit. Common area amenities include a driveway on both sides of the property and a back-courtyard patio with storage space for bicycles. Aesthetically, the property grounds and building are well maintained and have add-value potential. The landscaping is minimal but well-manicured.
920 Marine Street is in the desirable city of Santa Monica, east of Lincoln Boulevard and south of Ocean Park Boulevard and approximately a mile east of the Beach. The 900 block of Marine Street is a low traffic quiet residential tree lined street.
|Number of Units||4|
|Listing Brokerage||Keller Williams Realty Calabasas|
|Listing Agent||Raymond Rodriguez|
|Listing Agent BRE #||01402283|
Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, September 18, 2018.
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