Properties
Santa Monica, CA 90404 1916 1930 Arizona
$3,425,000
1 more
Presented By: William Schebeck with Gold Star Realty; bill_goldstarca@yahoo.com
SQFT • 6,003
Garage • 5
Home Details
This 9 unit apartment building consists of 3 buildings on one lot with a 4 plex of 1BRs, a townhouse duplex with 2BRs and 3 studios above 5 garages.
It is conveniently located in central Santa Monica on a desirable corner lot at 20th St and Arizona Ave.
Less than a 10 minute walk from markets, restaurants and public transportation along the Wilshire Blvd corridor.
Across the street from a well known bakery, boutique hotel, and a Santa Monica Medical Center, this building is dual zoned as residential and Health Care Commercial for added value.
Recent renovations completed on multiple units.
See attached offering memorandum for additional information.
Presented By: William Schebeck with Gold Star Realty; bill_goldstarca@yahoo.com
Interior Features for 1916 1930 Arizona
Other Interior Features
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1916 1930 Arizona
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate4.46
CitySanta Monica
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Current FinancingAssumable, Other
Directions1916-1930 On the corner of 19th and Arizona between Santa Monica Blvd and Wilshire Blvd
Entry Location1
Garage Spaces5
Garage Y/NYes
Gross Income246254
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7497
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
Net Operating Income158543
New ConstructionNo
Number Of Units Total9
Operating Expense80543
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCitySANTA MONICA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot130
Trash Expense0
Water Sewer Expense0
Year Built1946
Year Built SourcePublicRecords
Exterior for 1916 1930 Arizona
Building Area Total6003
Lot FeaturesLevel, RectangularLot
Lot Size Acres0.1721
Lot Size Area7497
Lot Size SourcePublicRecords
Number of Buildings3
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters0
Parking FeaturesAssigned, Other
Private PoolNo
SpaNo
Total Parking5
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
