C
Seller's Agent in 2018
Chris Huddleston
The Sher Group
Rare opportunity to acquire (2) two side by side properties spanning just under 15,000 square feet of land consisting of an (8) unit Apartment Complex and a (2) unit Duplex in beautiful Santa Monica, California. This rare assemblage will offer new ownership the option to have a cash-flowing asset while entitling a new construction apartment/condo project or an opportunity for an investor to capture the significant upside in rents with the existing 10 units. Generational asset with endless opportunity. Ideal developer or investor 1031 Exchange. Subject properties are centered in a prime Santa Monica location. In close proximity to (less than one mile) Santa Monica Beach, the pier, Third Street Promenade, Santa Monica Place and the new Expo Light Rail Metro line. Trust Sale / Court Confirmation Required. Must be sold with neighboring property (1448 12th Street).
Last Agent to Sell the Property
Chris Huddleston
The Sher Group License #01939516 Listed on: 08/07/2017
Last Buyer's Agent
Christopher Huddleston
The Sher Group License #01939516
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2018 06/26/18 | Sold | $1,900,000 | -15.6% | $503 / Sq Ft |
03/13/2018 03/13/18 | Price Changed | $2,250,000 | -10.0% | $596 / Sq Ft |
08/07/2017 08/07/17 | For Sale | $2,500,000 | -- | $662 / Sq Ft |
C
Seller's Agent in 2018
Chris Huddleston
The Sher Group
C
Buyer's Agent in 2018
Christopher Huddleston
The Sher Group
Source: The MLS
MLS Number: 17-258834