Jodi Summers
Sotheby’s International Realty
jodi@jodisummers.com
5-UNIT APARTMENT PROPERTY FOR SALE IN OCEAN PARK
LOCATION AND UPSIDE
Location and upside. Let’s say it again… location and upside. This may be the apartment property building you've been looking for.
Character building in Ocean Park, Santa Monica. Nice mix of spacious units. Individually metered for electric and water. Low rents allow for plenty of upside.
Price: $2,500,000
Property Type: Multifamily
No. Units: 5
Building Size: 4,694 SF
Lot Size: 6,121 SF
Estimated Net Operating Income: $86,454
Cap Rate: 4%
GRM: 23.13
Occupancy: 100%
Please contact us for more information.
Best,
Jodi Summers
Broker Associate
Sotheby’s International Realty
310.392.1211
jodi@jodisummers.com
www.SantaMonicaPropertyBlog.com
CalBRE - 01343854
**
Put your heart, mind, and soul into even your smallest acts. This is the secret of success. - Swami Sivananda
p.s. This is not intended as a solicitation if your property is already listed with another agent. Broker/Agent may not hold the listing on this property and does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources.
|