Santa Monica CA  home offered at $3,450,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

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1247 BERKELEY Street
Santa Monica, California CA 90404-1626
Sold For: $3,200,000
Listing ID: 22141235
Price/SqFt: $383.76
Status: Closed
Sold Date: 12/13/2022
SqFt: 8,990 Sq Ft
Acres: 0.187 Acres
Year Built: 1961

We are pleased to offer this 6 unit apartment complex in Santa Monica. Great unit mix with large units: mixture of hardwood, carpet and tile; all units with private balconies! Minutes from the beach, Montana Ave, Third Street Promenade, Venice Boardwalk, and much more. This property epitomizes Southern California coastal community. Great unit mix consisting of: two - 2-bedroom / 1.75-bathroom, four - 3-bedroom / 1.75-bathroom.

Primary Features

County: Los Angeles
Price Reduction Date: 2022-07-15T18:28:37+00:00
Price/SqFt: 383.76
Property Type: Residential Income
Year Built: 1961
Zoning: SMR2*

Interior

Cooling: no
Cooling Type: None
Heating: yes
Heating Type: Natural Gas
Room Type: Family Room, Living Room, Master Bathroom
Stories Total: 2

External

Lot Size Area: 8131
Lot Size Source: Assessor
Lot Size Square Feet: 8131
Number Of Buildings: 1
Parking: yes
Parking Features: Carport
Parking Total: 7

Location

Country: US
MLS Area Major: C14 - Santa Monica

Additional

Association: no
Co List Agent State License: 01962971
Days On Market: 211
List Agent State License: 01059814
Lot Size Units: Square Feet
New Construction: no
Number Of Units Total: 6
Parcel Number: 4267002021
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 3.17
Gross Multiplier: 18.67
Gross Operating Income: 179197
Net Operating Income: 109522
Special Listing Conditions: Standard
Total Expenses: 69675

Zoning Info


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Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
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Listed by: WilliamDawson, DRE #01059814 from Sullivan-Dituri Co.Realtors 310-453-3341

Contact - Listing ID 22141235

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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