Listing provided courtesy of Toshiro Ohinata of WS Realtors Inc.. Last updated 2020-11-16 09:10:52.000000. Listing information © 2020 CLAW.
Asking Price: $7,400,000
1527 9Th, Santa Monica CA 90401
Community: C14 - Santa Monica
This property was built in 1990 and is priced at $7,400,000. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: 20659778
- Year Built: 1990
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.