$2,900,000
$3,095,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
1229 Princeton ST Santa Monica, CA 90404
12 Beds
14 Baths
7,724 SqFt
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,724 sqft
Price per Sqft $375
MLS Listing ID 24410335
Sold Date 07/29/24
Bedrooms 12
HOA Y/N No
Year Built 1977
Lot Size 7,013 Sqft
Acres 0.161
Property Description
Discover the perfect investment opportunity in the heart of Santa Monica with this charming 6-unit property for sale. Current CAP rate of 4.77% with tremendous upside. Don't miss out on this rare chance to own a piece of prime real estate in one of California's most coveted locations. Explore the endless possibilities of this property and make your investment dreams a reality today! Introducing a fantastic opportunity in Santa Monica near Erewhon Market and great dining options on Wilshire Blvd! This 6-unit property features spacious living spaces, with 4 units offering 3 bedrooms each and 2 x 2 bedroom units. Ideal for investors looking to capitalize on high-demand rental units in a prime location. Don't miss out on this incredible investment opportunity!
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Radiant
Cooling None
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Washer
Exterior
Garage Community Structure
Parking Type Community Structure
Total Parking Spaces 12
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4267006029
Special Listing Condition Standard
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Bought with Dan Ritter • Ritter Associates