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Income Home for Sale in Santa Monica, California

914 7TH Street, Santa Monica, California 90403, US

$ 6,500,000
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  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California

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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

We are excited to present 914 7th Street! A charming property just 10 minutes from the beach! This 12 unit building rests in one of the most stunning areas of the Southern California Coastline & boasts some of the highest walk, bike, and transit scores in the city, along with major access points within walking distance, including the 3rd Street Promenade, Santa Monica Pier, and the stores of Wilshire Boulevard & Montana Ave. A prime investment opportunity, this building also has an incredibly attractive pro forma cap rate, showing major upside in rents and will be delivered with 8 units vacant, allowing any prospective owner to capitalize massively on the rising rental market. Additionally, owner users can fully renovate & live in their dream home in a highly desirable area, while their tenants help pay the mortgage! Do not miss this potential goldmine!
  • Price: $ 6,500,000
  • MLS ID: 18407680
  • Property Type: Income Home
  • WEB ID: PR00967429
  • Property Status: Active
  • Lot Size: 7,518sqft
  • Listing Status: Active
  • Listing Agent: Benjamin J. Hsiang (lic# 02063191) of Beverly Hills/Greater LA
  • Listing Office: Realty Investment Advisors, In (lic# 02063191)
  • CO-Listing Agent: Don Favia (lic# 01841258) of Beverly Hills/Greater LA
  • CO-Listing Office: Realty Investment Advisors, In (lic# 02063191)
  • Disclaimer: Based on information from CARETS as of 19th January 2019 at 10:53pm. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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