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Sold Date9/20/2022
Closed

1809 7th StreetSanta Monica, California CA90405

Listing IDSR22147780

30,488 SqFt 0.689 Acres

$13,000,000

This charming portfolio of properties with 50%+ upside offers four apartment complexes on the same block in prime Santa Monica, just a 15-minute walk from the beach! Totaling 40 units, the properties offer an excellent unit mix of one- and two-bedrooms. In all, the portfolio features 30,488 square feet of rentable space, set on a combined 29,991 square foot lot. Built from 1956 to 1958, this portfolio also presents a tremendous reposition opportunity. * Prime Santa Monica Location * 50%+ Upside in Rents * Excellent Unit Mix * Terrific Reposition Opportunity
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