Price Reduction - Seller Financing
Address
1824 Michigan Avenue Santa Monica, CA
Price
$ 2,775,000
Property Attributes
  • MLS#20573026
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90404
  • Style
  • Price$ 2,775,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Steven Foonberg with Westside Realty Group - Beverly Glen Rea.
Property Description

Seller Financing Possible. Attention Owner/Occupied Buyers - We can deliver this Property with the stand-alone HOME Vacant at Close of Escrow! 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. Actual income stream for Investor or Owner/Occupied purchaser. Improved with 6-unit, garden style apartment building plus a stand-alone 3 bedroom, 2.5 bathroom single family home with detached Home Office/Studio & Garage. Rare opportunity to acquire this huge, corner 16,000+ sq ft lot. UNIT MIX: 1 Studio. 1 One Bedroom + 1 Bath, 4 Two Bedroom + 1 Bath and 1 Single Family Three Bedroom + Two and a Half Bath Home with Detached Home Office/Studio & Garage. This complex is 100% Leased. Rent Roll is as of 10/31/2020 and All Tenants current on Rent payments. Do not walk on Property. Do not disturb tenants. Drive by only. Inside with Accepted Offer only.

Price History
4/23/2020 Listed $2,900,000
9/4/2020 3% - $2,825,000
11/5/2020 2% - $2,775,000

General Features

Cooling None
Directions Corner of Michigan Ave and 19th Street - North of Pico Blvd Between 18th and 19th Streets
Flooring Wood, Tile, Laminate
Garage Spaces 2.00
Listagentaor Beverly Hills/Greater LA
Listing Agent Steven Foonberg - BRE#01232587
Listing Agent State License 01232587
MLS Area C14 - Santa Monica
Pool Features None
Roof Composition, Shingle
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 7
View None
Zoning SMR2*

Interior Features

Laundry Features See Remarks
Laundry Y/N Yes
Total Stories 1

Exterior Features

Lot Size Area 16009.0000
Lot Size Source Assessor
Lot Size Square Feet 16009.00
Lot Size Units Square Feet
Number of Buildings 2
Total Parking 2.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90404

Price
AVG $3.2M
$2.78M
Visits
AVG 24
101
Year Built
AVG 1945
1922
Walkscore
AVG 81
77
Data Provided by Walkscore ® not using MLS data

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