1434 Berkeley Street

    Santa Monica, CA 90404
    • $3,900,000
    • STATUS: Active
    • ON SITE: 263 days
    • ID#: CV19020811
    UPDATED: 10 min ago
    $3,900,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,390
      SQFT
    • $465
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Charming 2 story 7 unit townhouse style apartment building. The building consists of one 1 bed/1.5 bath, five 2 bed/1.5 bath & one3 bed/2.5 bath; on-site parking for tenants. The current rents provide a significant upside for investors. Please do not disturb thetenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T21:34:50.66. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
    www.naylorproperties.com/homes/91251089

    1434 Berkeley Street Santa Monica, CA 90404

    • Price: $3,900,000
    • Status: Active
    • Updated: 10 min ago
    • ID#: CV19020811
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    8,390
    SQFT
    $465
    $/SQFT
    1964
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Charming 2 story 7 unit townhouse style apartment building. The building consists of one 1 bed/1.5 bath, five 2 bed/1.5 bath & one3 bed/2.5 bath; on-site parking for tenants. The current rents provide a significant upside for investors. Please do not disturb thetenants.
    Exterior Features

    Garage Spaces 7.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 9.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.40 Community Features CurbsSidewalksStorm DrainsStreet Lights Country Us Electric Expense 694.00 Elevation Units Feet Gross Income 190170.00 Gross Multiplier 18.40 Gross Operating Income 190710.00 Gross Scheduled Income 211695.00 Insurance Expense 4436.00 Land Lease YN No Laundry YN Yes Licenses Expense 1386.00 Net Operating Income 136164.00 New Construction YN No New Taxes Expense 42136.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 0 Operating Expense 54546.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 54546.00 Trash Expense 2947.00 Water Sewer Expense 2947.00 Water Source Public Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Anthony Becker of Universal Estates Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T21:34:50.66. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
     
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