10604 Santa Monica
West Los Angeles, CA 90025

Bd   — Ba   6,500 Sqft
The Little Inn is operating as a 15 unit motel located in the prime West Los Angeles area, within walking distance to Westwood Blvd, Mormon Temple, and Century City Shopping Mall. Near UCLA hospital and Beverly Hills. Lot size is 9400 square ft Commercial C-2 Zoning with 98 feet of frontage on "the Little" Santa Monica Blvd. There are 5 two-room suites with kitchens. Six upstairs rooms with showers. Downstairs rooms are handicapped accessible with shower over bathtubs; only one room has a handicap compliant bathroom. All rooms have window air-condition units. The courtyard is paved with cobble stone concrete. The building was renovated in 1993 with a New Certificate of Occupancy with approved 16 tandem parking and a 14-unit Apartment Hotel with one handicapped unit. If the operation changes to an Apartment Building, the Gross Multiplier is estimated at 20. The Buyer has to estimate the income based on his own plan of operation. Great for Mixed-Use development. Ideal for renovation as a SECURITY boutique hotel with no lobby as an alternative to luxury hotels in the area. Subject to Buyers cooperation in IRS 1031 Exchange within a 60-day escrow. Sold on the basis of "AS-IS, WHERE-IS". Buyer and Buyer's agent to verify all information.
  • Property Type: Multi Family
  • MLS#: SR16177634
  • MLS:
  • Listing Office: The Real Estate Source
  • Listed By: Michael Weber

Home Features for 10604 Santa Monica , West Los Angeles

Year Built: 1947
Property Condition: Building Permit
Lot Size Acres: 0.21
Lot Size Square Feet: 9400
Lot Size Units: Square Feet
Lot Size Area: 9400
Price Per Square Foot: 798.29
Tax Tract Number: 5609
New Taxes Expense: 60000
Parcel Number: 4321003035
Tax Block: 117
Special Listing Conditions: Standard
Standard Status: Pending
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Property History for 10604 Santa Monica, West Los Angeles

Status
Date
Price
Pending
Dec 22, 2016
Price Change
Oct 6, 2016
$5,188,888
Price Change
Sep 25, 2016
$5,199,000
Listed
Aug 12, 2016
$5,288,888
#SR16177634
Listed
Aug 2, 2016
$5,190,000
#SR16168870

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Real Estate Market Statistics for 10604 Santa Monica, West Los Angeles

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10604 Santa Monica

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$5.19M

10604 Santa Monica

$1.75M

Westside

14% y/y

Westside

$921K

90025

-2% y/y

90025

See all trends for West Los Angeles
Built in 1947, this multi family house at 10604 Santa Monica, West Los Angeles CA, 90025 is approximately 6,500 square feet and comes with 32 parking spots. It was last listed with a cost per Sqft of $798. 10604 Santa Monica is located in the Westside neighborhood in the Los Angeles Unified School District. The closest school is Emerson Community Charter School.

10604 Santa Monica, West Los Angeles CA, 90025 was on the market for 345 days. Its current status is removed under the MLS #SR16177634.

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