Charming Spanish Style Courtyard Building in PRIME OCEAN PARK. 2 Buildings with private patio areas tucked away behind tall hedges. First time on the market in 40 years. 16 (1+1) units, 11 garages, 5 parking spaces, and 5 storage lockers - all rented. (Rent for parking spaces and storage lockers could be higher because one locker and one parking space is currently being used by the owner and on-site manager. Estimated monthly laundry income = $200/month and is not included in gross income. Only a few historically low rents. Tremendous potential for income growth! Buyer to cooperate with Sellers' 1031 tax deferred exchange. Sellers will not begin reviewing offers until October 25th.
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, Listed on
GWEN TANGUAY, License# 00448883,
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This 16 bedroom Multi-Family home
for sale in Santa Monica, CA
is currently listed for $6,200,000.
Featuring a lot size of 17,072 Sq. Ft.,
2620 11th St
was built in 1947 and
has been on ERA.com for 16 days.
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