Prime corner, street-to-alley 16,000+ sq ft lot amazing asset in the City of Santa Monica. Steps to Metro Expo Line. Identified as being in The Michigan Avenue Neighborhood Greenway. Property has an actual income stream for Investor or Owner/Occupied purchaser - with possible potential for development. Improved with 6-unit, garden style apartment building plus a stand-alone 3 bedroom single family home. Rare opportunity to acquire this huge, corner 16,000+ sq ft lot. UNIT MIX: 1 Studio. 1 One Bedroom + 1 Bath (VACANT / 'Unit 3' Above), 4 Two Bedroom + 1 Bath and 1 Single Family Three Bedroom + Two and a Half Bath Home. The 6-unit apartment building is primarily long term tenants, one of whom is Section 8 ('Unit 6' Above) administered by the City of Santa Monica. The (VACANT) Unit is Rent Ready. Rent Roll is as of 09/01/2019. Do not walk on Property. Do not disturb tenants. Drive by only. Inside with Accepted Offer only. Rent above for 'Unit 2' is Projected.
Courtesy of Westside Realty Group - Beverly Glen Rea, Steven Foonberg - CA DRE#01232587
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).