Amazing asset in the City of Santa Monica - Steps to the Metro Expo Line. Identified as being in upcoming Phase of The Michigan Avenue Neighborhood Greenway. Property has a current income stream for an Owner/Occupied purchaser - with the possible potential for development. Improved with 6 unit apartment building and a single family home (VACANT) on an outstanding corner, street-to-alley 16,000+ square foot lot. 1 Studio, 1 One Bedroom + 1 Bath, 4 Two Bedroom + 1 Bath and 1 Single Family Three Bedroom + Two Bath Home (VACANT). The 6 unit apartment building is all long term tenants, three of whom are Section 8 administered by the City of Santa Monica. One Section 8 Tenant is currently under Eviction. The (VACANT) house has a detached two car garage and detached laundry room. Do not walk on Property. Do not disturb tenants. Drive by only. Inside with Accepted Offer only. Property sold as-is, where-is, with all faults and Tenants. Buyer to cooperate with Seller's possible 1031 exchange.
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, Listed on
STEVEN FOONBERG, License# 01232587,
WESTSIDE REALTY GROUP - BEVERLY GLEN REALTY
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This 12 bedroom Multi-Family home
for sale in Santa Monica, CA
is currently listed for $3,300,000.
Featuring a lot size of 16,117 Sq. Ft.,
1824 Michigan Ave
was built in 1922 and
has been on ERA.com for 23 days.
This listing is provided courtesy of WESTSIDE REALTY GROUP - BEVERLY GLEN REALTY.
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