838 7th Street

    Santa Monica, CA 90403
    • $4,675,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: SR18257403
    UPDATED: 51 min ago
    $4,675,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,500
      SQFT
    • $719
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    We are proud to represent this 11-unit apartment in Santa Monica. The building was constructed in 1966. Its unit mix consists of (6) one-bedroom, one-bathroom units and (5) single units. With a lot size of 7,520 square feet, the property has a total of 6,500 rentable square feet. The property is situated in Santa Monica, which is internationally known for its coastlines, upscale shopping, and great dining. The city's farmers' markets, palm tree-lined streets, juice bars, and shopping boutiques are quintessentially Californian. It is also home to a burgeoning art scene, neighborhoods with attractive blends of suburban and urban lifestyles, and numerous parks. Santa Monica also provides easy access to several freeways, including the 10,2, and 405, which offers its residents opportunities to enjoy the greater Los Angeles area as well. It is separately metered for gas and electricity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T17:29:52.37. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88789286

    838 7th Street Santa Monica, CA 90403

    • Price: $4,675,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: SR18257403
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,500
    SQFT
    $719
    $/SQFT
    1966
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    We are proud to represent this 11-unit apartment in Santa Monica. The building was constructed in 1966. Its unit mix consists of (6) one-bedroom, one-bathroom units and (5) single units. With a lot size of 7,520 square feet, the property has a total of 6,500 rentable square feet. The property is situated in Santa Monica, which is internationally known for its coastlines, upscale shopping, and great dining. The city's farmers' markets, palm tree-lined streets, juice bars, and shopping boutiques are quintessentially Californian. It is also home to a burgeoning art scene, neighborhoods with attractive blends of suburban and urban lifestyles, and numerous parks. Santa Monica also provides easy access to several freeways, including the 10,2, and 405, which offers its residents opportunities to enjoy the greater Los Angeles area as well. It is separately metered for gas and electricity.
    Exterior Features

    Garage Spaces 11.00 Lot Features 11-15 Units/AcreLandscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Total 11.00 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 1 Common Wall Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksSuburbanUrban Country Us Electric Expense 5500.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 203567.00 Gross Scheduled Income 209244.00 Insurance Expense 2600.00 Land Lease YN No Laundry YN Yes Net Operating Income 128535.00 New Construction YN No New Taxes Expense 47820.00 Number Of Separate Electric Meters 11 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 11 Operating Expense 75032.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 75032.00 Trash Expense 3300.00 Water Sewer Expense 3300.00 Water Source Public Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Cindy Hill of Keller Williams Realty-Studio and Rajaa Chraibi of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T17:29:52.37. 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. Licensed in the State of California, USA.
     
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