West Los Angeles and Coastal Real Estate
Josephine Chiu
310-245-0668310-245-0668
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West Los Angeles and Coastal Real Estate
Buy and Sell with your local expert -- Josephine Chiu

1527 9Th Street, Santa Monica, CA 90401 (MLS # 20659778)

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PRICE $7,400,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 7,506 sqft

Rare investment opportunity for 9 units apartment built in1990 in the heart of Santa Monica. As far as rent increase is concerned, it's not under City rent control and only new State law applies, which allows 5 % + CPI increase each year. Over the past few years, extensive renovation had been taken place throughout the building such as a new roof, new central water heater, new windows, new gate motor, and rear carport had been enclosed by a new gate and fence. Eight out of nine units had been upgraded and each unit has an inside washer/dryer, central a/c, and balcony or patio or both. The property is locating a stone's throw away from shops and restaurants. Close to beach and good FW access.

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YEAR BUILT 1990 COMMUNITY Login to view Community
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) ResidentialIncome

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91 Walker's Paradise



 
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Listing provided by : Toshiro Ohinata License # 01075788, WS Realtors Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 11/30/20 7:07 AM PST and /or other sources. 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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