Properties
Santa Monica, CA 90405 1024 Pico Boulevard
$2,700,000
15 more
Presented By: Mariko Artis with ADW Management USA, Inc.; mariko.a@re-adworks.com
Baths • 1
SQFT • 4,874
Home Details
This professionally managed multifamily apartment consists of eight 1-bedroom units, nine uncovered parking spaces, a common area laundry room, and a rented storage room. All units are equipped with stainless appliances and are separately metered for gas and electricity. With Santa Monica State Beach located just 1 mile away and a variety of shopping, dining and entertainment options in the nearby area, you don’t want to miss out on this investment opportunity!
Presented By: Mariko Artis with ADW Management USA, Inc.; mariko.a@re-adworks.com
Interior Features for 1024 Pico Boulevard
Other Interior Features
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1024 Pico Boulevard
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.08
Carport Spaces
CitySanta Monica
Community FeaturesStreet Lights, Sidewalks
Construction MaterialsStucco
CountyLos Angeles
Current FinancingNone
DirectionsOn Pico Blvd between 10th St & 11th St
Electric Expense705
Entry LocationGround
Facing DirectionNorthwest
Fuel Expense1909
Garage Spaces
Garage Y/NNo
Gross Income215879
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense7829
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet5982
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
MaintenanceExpense6000
Net Operating Income137199
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Open Parking Spaces9
Operating Expense72203
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySANTA MONICA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot19
Taxes$34,302
Tenant PaysElectricity, Gas
Total Actual Rent212652
Trash Expense1560
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense2483
Year Built1955
Year Built SourceAssessor
ZoningSMC4
Exterior for 1024 Pico Boulevard
Building Area Total4874
Foundation DetailsRaised
Lot Features0-1 Unit/Acre
Lot Size Acres0.1373
Lot Size Area5982
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCity Street
SpaNo
Total Parking9
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
