828 Hill St - Apartments FOR SALE


Santa Monica, CA 90405- Sunset Park
$1,995,000 USD
310-704-0007
828 Hill St, Santa Monica, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/54
null | 4.85% Cap Rate

828 Hill St
Santa Monica, CA 90405
Sunset Park


HIGHLIGHTS

  • Perfect Owner/User
  • All 3 Units Delivered Vacant

OVERVIEW

Trophy Owner/User in beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st, Santa Monica and the Beach. All units delivered vacant perfect for those seeking a SFR plus guest house or office. Income of $130,800 yearly and now at a 4.85 cap rate. This triplex offers a front 2 bedroom/ 1 bath house delivered vacant with large private garden in the front for entertaining. Hard wood floors, new quartz counters, a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Upside in market rents to a $130,800 per year and amazing owner/user with all units delivered vacant.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$1,111 USD /SF

# OF UNITS

3

PRICE/UNIT

$665,000

CAP RATE

4.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,037 SF

ZONING

R2

APN/PARCEL ID

4285-012-007

ASK ABOUT THIS PROPERTY

James AllanCompassMore Info
310-704-0007

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

James AllanCompassMore Info
310-704-0007

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