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Listing 4 out of 259
$3,495,000 New For Sale

833 19th Street
Santa Monica, CA 90403

15 beds | Residential Income
8,340 sq ft - MLS# 19486640
Property Photo
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Description

Amazing investment opportunity in prime Westside location within moments to eateries and shops on Montana Avenue. 6 incredibly spacious units great for an owner/user. Front unit has +/-700 sq ft of private terrace as well as a large +/-458 sq ft downstairs private patio. Truly one of a kind property and must see! Tenant occupied.

Features

  • Property Type: Residential Income
  • Sub Type: Apartment Building
  • Listing Status: Active
  • County/Area: Los Angeles County
  • Zip Code: 90403
  • Year Built: 1959
  • Subdivision/Neighborhood: Santa Monica (C14)
  • Sq.Ft.: 8,340 sq ft
  • Stories: 2-Story
  • Bedrooms: 15
  • # of Parking Spaces: 9
  • Zoning: SMR2*
  • Adjusted Gross Income: 197280.00
  • Agent License Number: 00607215
  • Cap Rate: 3.60
  • City Code: 10000054288
  • Expense Electric: 508.00
  • Expense Gardener: 1200.00
  • Expense Gas: 1028.00
  • Expense Insurance: 2500.00
  • Expense Maintenance: 5000.00
  • Expense Management: 9864.00
  • Expense Tax: 43688.00
  • Expense Total Annual: 67909.00
  • Expense Trash: 1278.00
  • Expense Water: 1294.00
  • Gross Operating Income: 193334.00
  • Gross Rent Multiplier: 17.72
  • Laundry Income: 8340.0
  • Laundry Locations: Individual Room
  • Lot Size SQ FT: 8014
  • Lot Size Source: Vendor Enhanced
  • Monthly Gross Income: $16,440
  • Net Operating Income: 125425.00
  • Number Of Buildings: 1
  • Parking Features: Driveway
  • Parking Type: Carport, Other
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 2
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Unfurnished
  • Unit Furnished05: Unfurnished
  • Unit Furnished06: Unfurnished
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 4120.00
  • Unit Monthly Rent02: 2453.00
  • Unit Monthly Rent03: 2112.00
  • Unit Monthly Rent04: 3700.00
  • Unit Monthly Rent05: 2332.00
  • Unit Monthly Rent06: 1423.00
  • Unit Number Of Bath01: 3.0
  • Unit Number Of Bath02: 2.0
  • Unit Number Of Bath03: 2.0
  • Unit Number Of Bath05: 2.0
  • Unit Number Of Bath06: 2.0
  • Unit Number Of Bed01: 4
  • Unit Number Of Bed02: 3
  • Unit Number Of Bed03: 2
  • Unit Number Of Bed04: 3
  • Unit Number Of Bed05: 2
  • Unit Number Of Bed06: 2
  • Units In Complex: 6
  • h: 2.0
Courtesy of Compass, Steve Sawai (CalBRE: 00607215)

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Tom Swanson
Exclusive Realty, Inc.
2945 Westwood Blvd
Los Angeles, CA 90064
Phone: 310-702-8559
Email: Tom@WestsideTom.com

Testimonials

Tom Swanson represented me in a very successful real estate purchase last year. Tom paid close attention to my property selection criteria and saved me a great deal of time by only sharing listings that met my criteria. Once we found the desired property, Tom moved quickly to submit my offer, facilitate removal of contingencies, negotiate terms and concessions, and ultimately close the deal for under asking price. I have referred Tom to several family and friends and have engaged him to assist me with the pursuit of my next real estate purchase mitchnahass
Tom is not only a leader to his agents and an amazing professional. He is the kind of person who changes the face of Real Estate by his kindness, his courtesy and his entrepreneurial spirit. He always finds time to make himself available when you need him. Anaik Levy
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