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    1821 Delaware Ave

    Santa Monica, CA 90404
    • $2,395,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20-616222
    UPDATED: 15 min ago
    $2,395,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,551
      SQFT
    • $1,544
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:
    Area:

    School Ratings & Info

    Description

    Five units in a prime Santa Monica location on Delaware Avenue located between Pico & Olympic Blvd. Short distance away from Santa Monica College. Five units including one stand alone 4 BR + 2 Bath house and four individual 1 BR + 1 Bath bungalow type units. Two of the four 1 BR + 1 Bath units are vacant. Potential for an owner to occupy the front house and rent out the four additional units for added income value-add opportunity with below market rents. Owner is not collecting the maximum amount of current rent allowed by the City of Santa Monica (MAR).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T22:42:27.677. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/108732886
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    1821 Delaware Ave Santa Monica, CA 90404

    • Price: $2,395,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: 20-616222
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,551
    SQFT
    $1,544
    $/SQFT
    1907
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Five units in a prime Santa Monica location on Delaware Avenue located between Pico & Olympic Blvd. Short distance away from Santa Monica College. Five units including one stand alone 4 BR + 2 Bath house and four individual 1 BR + 1 Bath bungalow type units. Two of the four 1 BR + 1 Bath units are vacant. Potential for an owner to occupy the front house and rent out the four additional units for added income value-add opportunity with below market rents. Owner is not collecting the maximum amount of current rent allowed by the City of Santa Monica (MAR).
    Exterior Features

    Lot Size Area 7228 Other Structures None Parking Garage Garage Is Detached Total Parking 5

    Interior Features

    Baths Total 6.00 Cooling None Equipment Garbage Disposal Heating Wall

    Property Features

    Assessed Total Value 1322053 Gross Income 159003 Gross Operating Income 159003 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 98295.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 55938 Type Of Units Apartments Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Errol Spiro DRE#01187022 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T22:42:27.677. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377