Santa Monica, CA 90404,1229 Princeton ST
Santa Monica, CA 90404,1229 Princeton ST
Santa Monica, CA 90404,1229 Princeton ST
Santa Monica, CA 90404,1229 Princeton ST
Santa Monica, CA 90404,1229 Princeton ST
Santa Monica, CA 90404,1229 Princeton ST
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$2,900,000

$3,095,000

6.3%
Est.Price: ?

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Est. payment /mo

12 Beds

14 Baths

7,724 SqFt


SOLD DATE : 07/29/2024

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,724 sqft

Price per Sqft $375

MLS Listing ID 24410335

Sold Date 07/29/24

Bedrooms 12

HOA Y/N No

Year Built 1977

Lot Size 7,013 Sqft

Property Description

Discover the perfect investment opportunity in the heart of Santa Monica with this charming 6-unit property for sale. Current CAP rate of 4.77% with tremendous upside. Don't miss out on this rare chance to own a piece of prime real estate in one of California's most coveted locations. Explore the endless possibilities of this property and make your investment dreams a reality today! Introducing a fantastic opportunity in Santa Monica near Erewhon Market and great dining options on Wilshire Blvd! This 6-unit property features spacious living spaces, with 4 units offering 3 bedrooms each and 2 x 2 bedroom units. Ideal for investors looking to capitalize on high-demand rental units in a prime location. Don't miss out on this incredible investment opportunity!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Radiant

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Washer

Exterior

Parking Features Community Structure

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4267006029

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Joshua Barre • LA West Real Estate Inc.
Bought with Dan Ritter • Ritter Associates
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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