2101 Virginia Avenue, Santa Monica, CA 90404

$12,900,000
31,874
SqFt
List Price
$12,900,000
Status
Active
MLS#
19502006
Year Built
1948
Living Sq. Ft
31,874
Lot Size
63,898
Days on Market
164
Property Type
Multifamily

Property Description

APN: 4274-021-015 & 4274-020-007. This value-add 40-unit apartment property sits on almost 1.5 acres of land and provides a buyer with an excellent opportunity to either rehab the existing units, which have significantly under market rents, or demolish the two buildings and redevelop the property for, as an example, approximately 11 small lot townhome style condominium units. Buyers should investigate the development potential.

Additional Information

Heat
Hot Water Circulator
Cooling
None
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Parking
Carport, Parking Space

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Laurie J. Lustig, Laurie Lustig - CA DRE#00979360

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