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$2,000,000 ASSUMABLE LOAN. 4% interest only until 2029 for qualified buyer (private 3rd party lender) . Two blocks from Snapchat. Very well maintained building with character. 6 charming, one bedroom units located on quiet tree-lined street in Sunset Park. Backs to single family residential. All units have patios. Front unit has patio with fireplace. Certain units have been nicely upgraded with stone counters, stainless appliances and some, if not all, with in-unit laundry. Garage income of approximately $1,150/month from offsite renters (included in gross rent subject to verification). 5 total one car garages for possible future ADU conversion. Very close proximity to trendy eateries and other shops and amenities on Ocean Park Blvd. Just down the street from beautiful Clover Park! Inside with accepted offer. Income and expenses are approximate. Income and expense will be provided to the buyer through management company. Unit 3 can be delivered vacant or tenant will remain at $2,750/ month.

DAYS ON MARKET 14 LAST UPDATED 4/22/2024
YEAR BUILT 1948 COMMUNITY Santa Monica
GARAGE SPACES 5.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Disposal, Gas Oven
AREA Santa Monica
BUYER'S BROKERAGE COMPENSATION 2.500 %
GARAGE Assigned, Door-Single, Garage, Yes
HEAT Natural Gas, Wall Furnace
LOT 7013 sq ft
PARKING Assigned,Door-Single,Garage
POOL DESCRIPTION None
STORIES 2
ZONING SMR2*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
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*Estimate only

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Listed with Berkshire Hathaway HomeServices California Properties

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