An eleven-unit apartment building located in the heart of the santa monica. Owner's unit # 6 vacant at coe. (goi based on 2019, expenses based on 2018)this property is 12 blocks from the beach, great freeway access, near bike path, and walking distance to the promenade, montana avenue, movies, fine restaurants and places of worship. Located half a block south of wilshire and the same owner for 25 years. The property has 4 two-bedrooms with 1. 5 baths, 4 one- bedrooms with 1. 5 baths, 2 two-bedrooms with 2 baths, 1 single. Community laundry, balconies, stoves, ref, garb disposal, dw. The property is subject to santa monica rent control statutes. Drive by only, do not disturb the tenants. Units will be shown with an accepted offer and 48 hrs notice to tenants. Due to the number of offers, seller has brought the date forward from november 7th to november 4th. See private remarks.
The vacancy rate of homes in 90404 is
6.51% with 21.34% of homes being owner-occupied. The median household income in 90404 is $67174 per year with those between 25 and 44 having the highest median income at $90789.