107 W Channel Road, Santa Monica, CA 90402 | MLS 16169182 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

107 W Channel Road,  Santa Monica CA, 90402

7 beds , 11 baths
Status: Active
MLS#: 16169182
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Concord Real Estate Service
Last Updated: 12/3/2016 3:23 AM
Description for 107 W Channel Road Santa Monica, CA 90402
11 units delivered vacant or occupied with single tenant. The current single tenant pays $27k/month and is responsible for most expenses. Most units have ocean views. Located across the street from the beach on PCH. Centrally located between Malibu, Pacific Palisades & Santa Monica. One of the rare 4.5% plus returns west of the 405. Includes three buildings with (9) residential units,(1)retail, (1) office. Units renovated in 2007: updated kitchens, baths, hardwood, appliances. Two contiguous parcels included in this offering (4410-012-001 / 4410-012-002) with Los Angeles C2 zoning. Los Angeles Rent Stabilization & Los Angeles Services. Walking distance to beach, restaurants, bars, coffee, parks & more. Buyer to verify all aspects of this offering including but not limited to square footage, market rents, number of units, development opportunity and rent stabilization. Assumable loan of $2,800,000 approximately and seller financing available.
Price
$5,495,000
LOS ANGELES
7
11
16169182
Active
Description
11 units delivered vacant or occupied with single tenant. The current single tenant pays $27k/month and is responsible for most expenses. Most units have ocean views. Located across the street from the beach on PCH. Centrally located between Malibu, Pacific Palisades & Santa Monica. One of the rare 4.5% plus returns west of the 405. Includes three buildings with (9) residential units,(1)retail, (1) office. Units renovated in 2007: updated kitchens, baths, hardwood, appliances. Two contiguous parcels included in this offering (4410-012-001 / 4410-012-002) with Los Angeles C2 zoning. Los Angeles Rent Stabilization & Los Angeles Services. Walking distance to beach, restaurants, bars, coffee, parks & more. Buyer to verify all aspects of this offering including but not limited to square footage, market rents, number of units, development opportunity and rent stabilization. Assumable loan of $2,800,000 approximately and seller financing available.
Listing Information
Property Type: Cluster, Other
7 11
0.16 Acres $1,399.29 1930
Neighborhood
Room Information
Interior Features
A/C - Other
Other, Other
Exterior / Lot Features
SqFt
Driving Directions
PCH and Channel Rd
Financial Considerations
4410012001
Listing Price History

Santa Monica Real Estate

Santa Monica is located in California. Santa Monica, California 90402 has a population of 90,008.

The median household income in Santa Monica, California 90402 is $72,271. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Santa Monica 90402 is 40.2 years.

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Courtesy: Concord Real Estate Service Kenny Stevens
The multiple listings information is provided by The California Desert Association of REALTORS/Desert Area MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are Copyright 2016 The California Desert Association of REALTORS/Desert Area MLS. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Information is deemed reliable but is not guaranteed.

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