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    427 Hill St

    Santa Monica, CA 90405
    • $3,400,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: 20-591082
    UPDATED: 46 min ago
    $3,400,000
    • 8
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,764
      SQFT
    • $903
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    4 Unit beautiful building in Ocean Park with 2 beds and 2 baths. Great for owner user or 1031 exchange.-parking area has 4 spaces, tandem, so that 8 cars can fit (2 tandem spaces per unit)-only 3 of the 4 units have a dishwasher, stove, refrigerator, and garbage disposal-all units have carpet in bedrooms and hardwood or pergo type flooring in the living, dining, kitchen-all units have wall heater but no AC-laundry room is on site with coin washer and dryer side by side-large water heater for all 4 units is housed in the laundry room-Sellers will enter into a 1031 exchange at sellers own cost and liability-All units have a balcony or patio for added private, outdoor space-total of 8 bedrooms in building (2 bedrooms/unit) and 6 bathrooms in building (1.5 bathrooms per unit).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T19:42:55.833. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106881147
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    427 Hill St Santa Monica, CA 90405

    • Price: $3,400,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 20-591082
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,764
    SQFT
    $903
    $/SQFT
    1962
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    4 Unit beautiful building in Ocean Park with 2 beds and 2 baths. Great for owner user or 1031 exchange.-parking area has 4 spaces, tandem, so that 8 cars can fit (2 tandem spaces per unit)-only 3 of the 4 units have a dishwasher, stove, refrigerator, and garbage disposal-all units have carpet in bedrooms and hardwood or pergo type flooring in the living, dining, kitchen-all units have wall heater but no AC-laundry room is on site with coin washer and dryer side by side-large water heater for all 4 units is housed in the laundry room-Sellers will enter into a 1031 exchange at sellers own cost and liability-All units have a balcony or patio for added private, outdoor space-total of 8 bedrooms in building (2 bedrooms/unit) and 6 bathrooms in building (1.5 bathrooms per unit).
    Exterior Features

    Lot Size Area 4798 Other Structures None Parking Garage Carport Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling None Den No Dining Room No Equipment None Family Room No Heating None Rooms Other

    Property Features

    Assessed Total Value 145927 Electric Expense 425.00 Gardener Expense 450.00 Gross Income 10784 Gross Operating Income 10784 Insurance Expense 5600.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 129408.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 39483.5 Type Of Units 4 Water Expense 2600.00 Year Built Source Assessor Zoning Smop2*

    Listing provided courtesy of Ron Wynn DRE#00420587 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-25T19:42:55.833. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355