1620 California Ave - Apartments FOR SALE


Santa Monica, CA 90403- Wilshire Montana | 
$1,699,000 USD
310-415-4655
1620 California Ave, Santa Monica, CA for Sale
$1,699,000 USD
Apartments - FOR SALE
1/71
null | 1.51% Cap Rate

1620 California Ave
Santa Monica, CA 90403
Wilshire Montana


HIGHLIGHTS

  • Corner lot location
  • North of Wilshire

OVERVIEW

1620 California Avenue presents an opportunity to own a original Spanish revival duplex in one Santa Monica's most highly coveted neighborhoods North of Wilshire. With this location this duplex offers the unique flexibility to live in one residence while generating rental income from the second unit or develop and hold as a passive investment. Rich in character and timeless design, this Spanish Revival duplex embodies classic architectural elegance while offering exceptional potential. Ideally located just moments from Montana Avenue, Palisades Park, the beach, the Third Street Promenade, acclaimed restaurants, boutique shopping, and everyday conveniences, it offers the very best of the Santa Monica lifestyle. The property's coveted North of Wilshire location, enduring architectural appeal, and duplex configuration provide a strong foundation for long-term appreciation and income potential. Whether your vision is to restore a timeless Spanish Revival, occupy one unit while leasing the other, or add a premier coastal asset to your investment portfolio, 1620 California Avenue presents a rare opportunity where architectural heritage, location, and long term value converge.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$1,045 USD /SF

# OF UNITS

2

PRICE/UNIT

$849,500

CAP RATE

1.51%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,986 SF

ZONING

SMR2*

APN/PARCEL ID

4281-004-024

ASK ABOUT THIS PROPERTY

William JosephJoseph GroupMore Info
310-415-4655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

William JosephJoseph GroupMore Info
310-415-4655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.