1117 MICHIGAN AVE, Santa Monica, CA 90404 For Sale

Property Description: Single Family on 1117 MICHIGAN AVE, Santa Monica, CA state. There are 11 bedrooms and 7 bathrooms in the house. This listing was added to our database on Nov 22, 2013. Listing was updated in 01/29/14. The general area of Single Family is 5,136. A DEVELOPER'S DREAM ON THE WESTSIDE--SANTA MONICA. OR VALUE ADD OPPORTUNITY WITH CAPITAL IMPROVEMNTS TO MAXIMIZE RENTS.WE ARE PLEASED TO PRESENT THIS (7) UNIT PROPERTY CONSISTING OF 3 STRUCTURES, A QUADRUPLEX, A DUPLEX, AND A SEPERATE UNIT ATTACHED TO THE GARAGES. (TWO LOTS BUT ONE APN) A MIX OF FOUR (4)TWO BEDROOM, ONE BATH UNITS AND THREE (3) ONE BEDROOM,ONE BATH UNITS. THIS PROPERTY SITS ON A 16,492 SF LOT, ZONED R2. MANY LONG-TERM TENANTS, NO VACANCIES; TWO UNITS OWNER OCCUPIED WITH NO REVENUE GENERATED, BUT WILL BE DELIVERED VACANT AT COE. PROPERTY HAS NOT BEEN ON THE MARKET IN 50 YEARS.AN OPPORTUNITY MINUTES AWAY FROM SHOPPING, TRANSPORTATION, AND BEACH. BUYER TO COOPERATE WITH SELLER IN A 1031 TAX EXCHANGE AT NO ADDITIONAL COST TO BUYER.

1117 MICHIGAN AVE, Santa Monica, CA 90404
1117 MICHIGAN AVE,
Santa Monica, CA 90404 - Photo Gallery
Price:$2,349,999

Agent Details

Homes For Sale Details

  • Type: Single Family
  • City: Santa Monica
  • State: CA
  • Zip-Code: 90404
  • $2,349,999
  • Listed: Nov 22, 2013
  • Updated: Jan 29, 2014
1117 MICHIGAN AVE, Santa Monica, CA 90404 home (01/29/14)

  • Additional Details

  • Bedrooms: 11
  • Bathrooms: 7
  • Area Size (SF): 5,136

  • Building Details

Price: $2,349,999

Address:

1117 MICHIGAN AVE,
Santa Monica
CA 90404

Contact me at: Coming Soon

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Map View: 1117 MICHIGAN AVE, Santa Monica, CA 90404