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    937-943 2Nd St

    Santa Monica, CA 90403
    • $9,975,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 20-633444
    UPDATED: 34 min ago
    $9,975,000
    • 20
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,544
      SQFT
    • $686
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    937 and 943 2nd Street are rare multifamily assets in the coveted beachside community of Santa Monica. These side by side properties each have their own APN, and share a beautiful stoned courtyard. The property boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe. 937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T11:42:31.193. 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/110059191
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    937-943 2Nd St Santa Monica, CA 90403

    • Price: $9,975,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 20-633444
    20
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    14,544
    SQFT
    $686
    $/SQFT
    1955
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    937 and 943 2nd Street are rare multifamily assets in the coveted beachside community of Santa Monica. These side by side properties each have their own APN, and share a beautiful stoned courtyard. The property boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe. 937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.
    Exterior Features

    Lot Size Area 15017 Other Structures None Parking Garage Carport Attached Total Parking 16

    Interior Features

    Baths Total 20.00 Cooling Wall/Window Equipment Other Heating Wall Laundry Community

    Property Features

    Assessed Total Value 4323441 Gross Income 454128 Gross Operating Income 442304 Like Units1 4 Like Units2 16 Net Operating Income 261004.00 Number Of Buildings 2 Number Of Units 20 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 181300 Type Of Units 1S2S Water Heaters YN Yes Year Built Source Assessor Zoning Smr3*

    Listing provided courtesy of Jonathan Taksa DRE#01366169 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T11:42:31.193. 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