$2,095,000
$2,175,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
839 Grant St Santa Monica, CA 90405
6 Beds
4 Baths
3,084 SqFt
Key Details
Sold Price $2,095,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,084 sqft
Price per Sqft $679
MLS Listing ID 24-405217
Sold Date 10/23/24
Style Traditional
Bedrooms 6
Year Built 1939
Lot Size 6,492 Sqft
Acres 0.149
Property Description
Motivated Seller just reduced from $2,350,000 to $2,175,000 CAP RATE NOW is 5% Prime Santa Monica blocks from the beach...Charming Immaculate Pride of ownership 4 plex first time on market in 23 years. 2 / 2 Bed 1 bath & 2 / 1bed 1 bath. Buildings have been maintained with consistant attention to detail throughout the years...Including recent termite tenting 1/2023, sewer mainline connection, Copper re-pipe & Gas repipe. Includes a laundry room with seller owned new coin machines with annual income of approx. $2400. Great tenants...5 garages with one vacant/owner...potential to add second garage to make ADU..very easy management. Bread & Butter building with very low maintenance. 5 garages....1 garage come vacant w/estimated income of $400 which would change CAP RATE to 5.22
Location
State CA
County Los Angeles
Area Santa Monica
Zoning SMR2*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Dishwasher
Exterior
Garage Garage - 4+ Car
Garage Spaces 5.0
View Y/N Yes
View Courtyard
Building
Story 2
Architectural Style Traditional
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Berkshire Hathaway Home Servic