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Multifamily

852 17th St

852 17th St, Santa Monica, CA 90403

Listing Price: $4,875,000

Cap Rate
4.45%
Number of Units
6
Price/Unit
$812,500
Price/Gross SF
$616.46
Gross SF
7,908

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 852 17th Street, a six-unit multifamily apartment building located in the highly desirable beach front city of Santa Monica, CA. The property features 7,908 square feet of gross rentable area, situated on a large 7,486-square foot lot. The six-unit building is composed of three two-bedroom/two-bathroom units, two three-bedroom/two-bathroom unit and one three-bedroom/three-bathroom house located at the front of the property.

Investment Highlights

  • Excellent Unit Mix - One 3-Bedroom/3-Bathroom Front House, Two 3-Bedroom/2-Bathroom Unit & Three Two-Bedroom/Two-Bathroom Units!
  • Large Front House has Separate Garage, Patio & Den - Perfect for an Owner-User!
  • Spacious Units Averaging 1,318 SF!
  • On-Site Parking & Laundry for Tenants!
  • Extensive Renovations and Attention to Detail Throughout the Units - Hardwood Floors, Granite Counter Tops, Marble Flooring, California Closets, Luxury Window Treatments & Stainless Steel Appliances!

Exclusively Listed By

Financing By

Multifamily

852 17th St

Listing Price: $4,875,000

Cap Rate
4.45%
Number of Units
6
Price/Unit
$812,500
Price/Gross SF
$616.46
Gross SF
7,908

Investment Highlights

  • Excellent Unit Mix - One 3-Bedroom/3-Bathroom Front House, Two 3-Bedroom/2-Bathroom Unit & Three Two-Bedroom/Two-Bathroom Units!
  • Large Front House has Separate Garage, Patio & Den - Perfect for an Owner-User!
  • Spacious Units Averaging 1,318 SF!
  • On-Site Parking & Laundry for Tenants!
  • Extensive Renovations and Attention to Detail Throughout the Units - Hardwood Floors, Granite Counter Tops, Marble Flooring, California Closets, Luxury Window Treatments & Stainless Steel Appliances!

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 852 17th Street, a six-unit multifamily apartment building located in the highly desirable beach front city of Santa Monica, CA. The property features 7,908 square feet of gross rentable area, situated on a large 7,486-square foot lot. The six-unit building is composed of three two-bedroom/two-bathroom units, two three-bedroom/two-bathroom unit and one three-bedroom/three-bathroom house located at the front of the property.

Exclusively Listed By

Financing By

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