MLS® ID: 19496782

1824 MICHIGAN Avenue

Santa Monica, California, 90404

$3,000,000 Active
  • - SQFT
Prime corner, street-to-alley 16,000+ sq ft lot amazing asset in the City of Santa Monica. Steps to Metro Expo Line. Identified as being in The Michigan Avenue Neighborhood Greenway. Property has an actual income stream for Investor or Owner/Occupied purchaser - with possible potential for development. Improved with 6-unit, garden style apartment building plus a stand-alone 3 bedroom single family home. Rare opportunity to acquire this huge, corner 16,000+ sq ft lot. UNIT MIX: 1 Studio. 1 One Bedroom + 1 Bath (VACANT / 'Unit 3' Above), 4 Two Bedroom + 1 Bath and 1 Single Family Three Bedroom + Two and a Half Bath Home. The 6-unit apartment building is primarily long term tenants, one of whom is Section 8 ('Unit 6' Above) administered by the City of Santa Monica. The (VACANT) Unit is Rent Ready. Rent Roll is as of 09/01/2019. Do not walk on Property. Do not disturb tenants. Drive by only. Inside with Accepted Offer only. Rent above for 'Unit 2' is Projected.
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Listing courtesy of Westside Realty Group - Beverl

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    90404
  • Office name
    Westside Realty Group - Beverl
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    SMR2*
  • Year built
    1922
  • Lot size
    16009.00
  • Tax year
    0
  • Agent name
    Steven Foonberg
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CLW-L02889
  • Agent ID
    CLW-X97157

Location

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