Bought with David Messiah
$1,450,000
$1,450,000
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6,077 Sqft Lot
SOLD DATE : 03/07/2024
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB24013307
Sold Date 03/07/24
Year Built 1938
Lot Size 6,077 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Value-add 4plex in Santa Monica offered at only $350k/unit! 2200 23rd St is the perfect opportunity for any value-add investor looking for one of the lowest price/unit 4plex in all of Santa Monica. Once the property is fully stabilized, it will operate at a 6.65% CAP and 11.40 GRM 2200 23rd St is comprised of (4) 1Bed+1Bath units. Each unit features a garage parking spot, as well as a spot for another parking space in front for a total of 8 parking spaces. The subject property is located only minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and a walk score of 77 (Very Walkable), 2200 23rd St is an ideal spot for any tenant!
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 4273005031
Special Listing Condition Not Applicable
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