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$2,395,000
1821 Delaware, Santa Monica, CA 90404
8 Beds
6 Baths
1,551 sqft

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Five units in a prime Santa Monica location on Delaware Avenue located between Pico & Olympic Blvd. Short distance away from Santa Monica College. Five units including one stand alone 4 BR + 2 Bath house and four individual 1 BR + 1 Bath bungalow type units. Two of the four 1 BR + 1 Bath units are vacant. Potential for an owner to occupy the front house and rent out the four additional units for added income value-add opportunity with below market rents. Owner is not collecting the maximum amount of current rent allowed by the City of Santa Monica (MAR).
  • Price:
  • $2,395,000
  • Bedrooms:
  • 8
  • Square Footage:
  • 1,551
  • Acreage:
  • 0.17
  • Year Built:
  • 1907
  • Listing ID #:
  • 20-616222
  • Street Address:
  • 1821 Delaware
  • City:
  • Santa Monica
  • State:
  • California
  • Postal Code:
  • 90404
  • County:
  • Los Angeles
  • Community:
  • Santa Monica
  • Listing Status:
  • Active
  • Number Of Units:
  • 5
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 1551
  • Year Built:
  • 1907
  • Gross Income:
  • 159003
  • Net Operating Income:
  • 98295.00
  • Conforms To Zoning:
  • Smr2*
  • Lot Square Footage:
  • 7228
  • Days On Market:
  • 52
  • Street Direction Suffix:
  • Ave
  • Price Per Square Foot:
  • 1544.17
  • Parking Description:
  • Garage Is Detached
  • Parking Spaces:
  • 5
  • Equipment:
  • Garbage Disposal
  • Heating:
  • Wall
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Errol Spiro of Miller & Desatnik Realty Co.
  • CACLAW

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