2728 Arizona Avenue, Santa Monica, CA 90404

$2,900,000 Approx. USD 9 beds, 6 baths
4,230 sqft

Agent Remarks

Priced at only 17.5 x current rents and 15.1 GRM with rents at market. 20.1% upside potential in rents. Great unit mix of 1/1 and 2/1 units, including a 2/1 Townhouse. Corner lot in prime Santa Monica location. 3.7% return with current rents; 5.8% return with market rents. Three (3) units delivered vacant at close of escrow.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-156202
List price is $2,900,000 Reduced by $100,000 on 10/10/2016
Beds: 9
Baths: 6
Built in 1947
4,230 sqft
2 Story stories
County: Los Angeles
Zoning: SMR2*
Parking type: Garage
Appliances: Refrigerator
Parking description: Covered Parking
Heating description: Wall Heater
MLS area: Santa Monica (C14)

Last Updated: 10/10/2016

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This listing belongs to the Santa Monica (C14) MLS area

The listing is zoned SMR2.
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Lat/Long: 34.035797, -118.474129.
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Broker: Courtesy of KW Commercial Santa Monica
Listing Agent: Kimberly Roberts Stepp

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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