1008 2Nd Street
1008 2Nd Street Santa Monica, California 90403 United States

$9,850,000
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1008 2nd Street is an incredible asset in the heart of LAs famed beach City of Santa Monica. Originally built in 1969, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. Each of these units are extremely spacious,...
$9,850,000
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.17 Acres
Exterior
Residential Income
Property type
1969
Year Built
21794864
Web Id
21794864
MLS ID
Santa Monica-Malibu Unified
School District
6
days ago

About 1008 2Nd Street

1008 2nd Street is an incredible asset in the heart of LAs famed beach City of Santa Monica. Originally built in 1969, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. Each of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light.There is significant rental upside and on-site parking for 21 cars as well as an on-site laundry facility. The unit mix includes (1) 2-bed, 3-bath with a den unit, (4) 2-bed, 2-bath units, (5) 1-bed, 2 bath with a den units, and (4) 1-bed, 1 bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor.A quick walk to Third Street Promenade and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Listing Courtesy of Jonathan Taksa, Remax Commercial and Investment Realty, 01366169, Active

PROPERTY INFORMATION

Parking Description
Covered

ADDITIONAL INFORMATION

Number of Units
14
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