1117 MICHIGAN AVE, Santa Monica, CA 90404 - For Sale
A DEVELOPER'S DREAM ON THE WESTSIDE--SANTA MONICA. OR VALUE ADD OPPORTUNITY WITH CAPITAL IMPROVEMNTS TO MAXIMIZE RENTS.WE ARE PLEASED TO PRESENT THIS (7) UNIT PROPERTY CONSISTING OF 3 STRUCTURES, A QUADRUPLEX, A DUPLEX, AND A SEPERATE UNIT ATTACHED TO THE GARAGES. (TWO LOTS BUT ONE APN) A MIX OF FOUR (4)TWO BEDROOM, ONE BATH UNITS AND THREE (3) ONE BEDROOM,ONE BATH UNITS. THIS PROPERTY SITS ON A 16,492 SF LOT, ZONED R2. MANY LONG-TERM TENANTS, NO VACANCIES; TWO UNITS OWNER OCCUPIED WITH NO REVENUE GENERATED, BUT WILL BE DELIVERED VACANT AT COE. PROPERTY HAS NOT BEEN ON THE MARKET IN 50 YEARS.AN OPPORTUNITY MINUTES AWAY FROM SHOPPING, TRANSPORTATION, AND BEACH. BUYER TO COOPERATE WITH SELLER IN A 1031 TAX EXCHANGE AT NO ADDITIONAL COST TO BUYER.
Common Property Information:
- Real Estate Type: Single Family
- Price: $2,500,000
- MLS#: 13-712353
- Updated in: 01/15/14
- Beds: 11
- Baths: 7
- Area (SF): 5,136
Status: For Sale
Added: 2013-11-24 Updated: 2014-01-15
Santa Monica, CA 90404 US
General Property Info
House was proposed For Sale on www.nextgreathome.com from 11/24/2013 02:52:43.
According to our information the item price is $2,500,000, but you can check more exact info from your agent or from listing owner.
Listing Placement
This building is positioned in Santa Monica city, CA. Address: 1117 MICHIGAN AVE, Santa Monica, CA 90404
Complete info about property geographic location you can get on Google Map and Street view below.
This home haves seven images assigned to it and for fresh photos you can call listing owner.
House Historical Report
The Multi-Family listing was updated in 11/24/2013.
Listing capacity
During you buy this estate you receive excellent looking spaces.This property includes 5,136 of sum area.This property includes 11 bedrooms plus seven toilets.
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Detailed info regarding Santa Monica, CA 90404 area:
Median Age of population is 36.4 years. The population count in this area is about 19,956. Average Households count is 9,740. the white population is about 12,573, the black population in 90404 about 1,730, Asian Population is about 1,589, the hispanics is about 5,564, Hawaiian Population count is about 24, the Indian Population count is about 161, Other Population count is about 2,797. Average Houses in this area is 317,400. Average Income per Household is $39,821.
1117 MICHIGAN AVE, Santa Monica, California 90404 Geographic Place:
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Listing Agent Info