
Listing provided courtesy of Warren Berzack of Lee & Associates. Last updated 2022-07-08 08:11:27.000000. Listing information © 2021 CLAW.
Asking Price: $10,995,000
2501 Beverley, Santa Monica CA 90405
Community: C14 - Santa Monica
This property was built in 1960 and is priced at $10,995,000. Please see the additional details below.
This attractive 28-unit apartment complex is located in a fabulous Santa Monica neighborhood, walking distance from the beach with ocean views from some units!
Featuring 40%+ rental upside, the well-maintained property comprises a great unit mix of one- and two-bedrooms. It spans 28,842 square feet of rentable space, set on a 23,962 square foot lot. Built in 1960, Tiki Apartments also presents a tremendous reposition opportunity.
* Superb Santa Monica Location
* Excellent 40%+ Rental Upside
* Coveted Neighborhood
* Huge Reposition Opportunity