834 4th St
Santa Monica, CA 90403

Bd   Ba   32,856 Sqft   12 Days
A ++ Location! Very Rare Investment Opportunity. Only changed ownership once in about past 30 + Years. Almost a 3% CAP, less than $550 per sq ft and about $561,000 cost per unit. About 30% to 40% upside in rents, 5 units will be delivered vacant at Close of Escrow. Some of the features include Swimming Pool, Gym, Elevator, On Site Laundry, Copper plumbing, Tenant Storage Spaces, Controlled Access Entry, Subterranean Parking. Please see Docs section for Offering Memorandum. Also, please see listing on MLS at 16100 Sunset Blvd., Pacific Palisades, CA. Non Rent Control, 20 units built in 1995. $15.2 million.
  • $0 HOA
  • $546/Sqft
  • MLS#17269286 provided by Stephen Saltzman of Keller Williams-Santa Monica
  • Movoto last checked CRMLS for new data 27 minutes ago
  • CRMLS last updated this listing 1 week ago

Home Features for 834 4th Street, Santa Monica

Year Built: 1972
Property Condition: Building Permit
Lot Size Acres: 0.35
Lot Size Square Feet: 15298
Lot Size Units: Square Feet
Lot Size Area: 15298
Price Per Square Foot: 546.32
Parcel Number: 4292017033
Special Listing Conditions: Standard
Standard Status: Active
Interior
Interior Features: Elevator
Exterior
Number Of Buildings: 1
Building Area Total: 32856
Parking Features: Subterranean
Number Of Units Total: 32
Amenities / Utilities
Appliances: Garbage Disposal, Water Heater Central, Refrigerator, Dishwasher
Laundry Features: Area
Association Amenities: Pool, Onsite Property Management, Storage Area, Controlled Access, Gym/Ex Room
Pool Features: Above Ground
Pool Private Y/N: 1
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Property History for 834 4th Street, Santa Monica

Status
Date
Price
Listed
Jan 29, 2017
$18,700,000
Listed
Jul 21, 2016
$19,900,000
#16146100

Mortgage Rates for 834 4th Street, Santa Monica

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Real Estate Market Statistics for 834 4th Street, Santa Monica

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834 4th Street

No data!
Wilshire-Montana
Santa Monica
90403
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$17.95M

834 4th Street

$1.25M

Wilshire-Montana

4% y/y

Wilshire-Montana

$1.48M

90403

14% y/y

90403

$2.57M

Santa Monica

0% y/y

Santa Monica

See all trends for Santa Monica
As of , there are 19 properties listed for sale in ZIP code 90403 and 104 properties listed for sale in the city of Santa Monica, CA. Those 104 properties include 46 single family homes and 58 condos. This property at 834 4th St in 90403 is currently listed for $17,950,000. This is 598% above the median price of $2,572,500 for Santa Monica and 1117% above the median of $1,475,000 for 90403. 834 4th St is approximately 32,856 Sqft, which is 1695% above the Santa Monica median of 1,830 and 2070% above the 90403 ZIP code median of 1,514. This property's price per Sqft is $546, which is 44% below the median price in 90403 of $974 and 53% below the Santa Monica median of $1,151 per square foot.
Built in 1972, this multi family house at 834 4th St is approximately 32,856 square feet and does not come with a parking spot. It is listed on 09/11/2017 with a cost per Sqft of $546. 834 4th St is located in the Wilshire-Montana neighborhood in the Santa Monica-Malibu Unified School District. The closest school is Roosevelt Elementary School.

834 4th St has been on the market for 12 days. The median days on the market for properties in this area is 34 with a median list price of $2,572,500 and median cost per square foot of $1,151. It's currently listed as active under the MLS #17269286.

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