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1428 15th Street

Santa Monica, CA 90404
  • $5,400,000
  • STATUS: Active Under Contract
  • ON SITE: 91 Days
  • MLS #: 21798318
Under Contract
UPDATED: 43 min ago
$5,400,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

Listing Agent(s): Benjamin Lewin of Marcus & Millichap (818-212-2700)


Description

1428 15th St is an eleven-unit three-story wood frame and stucco apartment building built in 1969.The unit mix consist of five one-bedroom one-bathroom units, four two bedroom one-bathroom units, and two two-bedroom two-bathroom units. Unit #201 is vacant and newly remodeled. All other units have been remodeled except units #303 and #304, allowing a new investor to increase rents in the future. Amenities include: renovated laundry room, twelve parking spaces, and solar assisted hot water heater. The plumbing has been updated with copper pipes and the earthquake retrofit has been completed. The building is in walking distance to UCLA Santa Monica Medical Center, as well as many local shops and eateries such as Truxton's American Bistro, Coffee Commissary, and Co-Op Market & Deli.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T18:26:20.307. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/122691506
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1428 15th Street Santa Monica, CA 90404

  • Price: $5,400,000
  • Status: Active Under Contract
  • On Site: 91 Days
  • Updated: 43 min ago
  • MLS #: 21798318
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1969
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
1428 15th St is an eleven-unit three-story wood frame and stucco apartment building built in 1969.The unit mix consist of five one-bedroom one-bathroom units, four two bedroom one-bathroom units, and two two-bedroom two-bathroom units. Unit #201 is vacant and newly remodeled. All other units have been remodeled except units #303 and #304, allowing a new investor to increase rents in the future. Amenities include: renovated laundry room, twelve parking spaces, and solar assisted hot water heater. The plumbing has been updated with copper pipes and the earthquake retrofit has been completed. The building is in walking distance to UCLA Santa Monica Medical Center, as well as many local shops and eateries such as Truxton's American Bistro, Coffee Commissary, and Co-Op Market & Deli.
Exterior Features

Carport YN Yes Parking Features CoveredCarport Parking Total 0

Interior Features

Appliances Refrigerator Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association Fee 0 Gross Income 323604 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 216747 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Smr3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-22T18:26:20.307. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Benjamin Lewin of Marcus & Millichap (818-212-2700)