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Listing 9 out of 172
$1,350,000 For Sale

3040 Exposition Boulevard
Santa Monica, CA 90404

Residential Income
2,340 sq ft - MLS# SR18085067
Property Photo
1/5

Description

Well maintained, 2 Story 4 Unit apartment complex located in the heart of Santa Monica, one of the most desirable areas in all of Los Angeles. Separate meters, spacious apartments, consisting of a living area of approximately 2,340 square feet, all one bedroom one bath units, nestled on approximately a 5,006 square foot lot. The current monthly rental income is approximately $4,708 with an additional income of $350 per month for storage. The property has two 2 car garages in the rear of the property for parking. Subject property is south of Olympic Blvd., west of Centinela Avenue near Ishihara Park. Nice residential neighborhood mixed in with industrial/office , which may work for corporate housing. Perfect for investors or owner/user looking to own and live in the lovely city of Santa Monica.

Features

  • Property Type: Residential Income
  • Sub Type: Residential Income
  • Listing Status: Active
  • County/Area: Los Angeles County
  • Zip Code: 90404
  • Year Built: 1959
  • Subdivision/Neighborhood: Santa Monica (C14)
  • Sq.Ft.: 2,340 sq ft
  • Zoning: SMR2*
  • Agent License Number: 00802699
  • City Code: 10000054288
  • Common Walls: Attached
  • Expense Operating: 29420.00
  • Expense Total Annual: 29420.00
  • Garage Spaces Total: 2.0
  • Gross Scheduled Income: 60696.00
  • Income Other Desc: storage
  • Laundry Locations: Laundry Area
  • Lot Description: Curbs, Sidewalks, Street Lighting, Front Yard
  • Lot Size SQ FT: 5006
  • Lot Size Source: Public Records
  • Monthly Gross Income: $60,696
  • Net Operating Income: 31276.00
  • Number Electric Meters: 4
  • Number Gas Meters: 5
  • Number Of Buildings: 1
  • Number Water Meters: 1
  • Open Other Spaces Total: 4
  • Other Income1: -1.0
  • Status: Active
  • Unit Monthly Rent01: 2100.00
  • Unit Monthly Rent02: 480.00
  • Unit Monthly Rent03: 757.00
  • Unit Monthly Rent04: 1371.00
  • Unit Number Of Bath01: 1.0
  • Unit Number Of Bath02: 1.0
  • Unit Number Of Bath03: 1.0
  • Unit Number Of Bed01: 1
  • Unit Number Of Bed02: 1
  • Unit Number Of Bed03: 1
  • Unit Number Of Bed04: 1
  • Units In Complex: 4
  • Water: Water District, Public
  • h: 1.0
Courtesy of Keller Williams Encino-Sherman, Michael Tootikian (CalBRE: 00802699)

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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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