1824 Michigan Ave, Santa Monica, CA 90404

$2,825,000
12
BD
8
BA
5,160
SqFt
List Price
$2,825,000
Price Change
▼ $80,000 1599264250
MLS#
20-573026
Year Built
1922
Bedrooms
12
Bathrooms
8
Living Sq. Ft
5,160
Lot Size
16,009
Lot Location
Corner Lot, Near Public Transit
Days on Market
180
Property Type
Multifamily
Style
Architectural
Stories
1

Property Description

Seller Financing Possible. Attention Owner/Occupied Buyers - We can deliver this Property with the stand-alone HOME Vacant at Close of Escrow! 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. Actual income stream for Investor or Owner/Occupied purchaser. Improved with 6-unit, garden style apartment building plus a stand-alone 3 bedroom, 2.5 bathroom single family home with detached Home Office/Studio & Garage. Rare opportunity to acquire this huge, corner 16,000+ sq ft lot. UNIT MIX: 1 Studio. 1 One Bedroom + 1 Bath, 4 Two Bedroom + 1 Bath and 1 Single Family Three Bedroom + Two and a Half Bath Home with Detached Home Office/Studio & Garage. This complex is 100% Leased. Rent Roll is as of 09/01/2020 and All Tenants current on Rent payments. Do not walk on Property. Do not disturb tenants. Drive by only. Inside with Accepted Offer only.

Additional Information

Other Buildings
Other
Heat
Wall Gas
Cooling
None
View
None
Number of Cars in Garage
Other
Garage Spaces Total
2

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Steven Foonberg - CA DRE#

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