722 Pier Avenue, Santa Monica, CA 90405

$3,110,000
8
BD
8
BA
4,107
SqFt
Sold Price
$3,110,000
List Price
$3,150,000
Closing Date
Jan 22, 2019
Status
Closed
MLS#
18368330
Year Built
1963
Bedrooms
8
Bathrooms
8
Living Sq. Ft
4,107
Lot Size
5,008
Days on Market
182
Property Type
Multifamily
Stories
Two Level

Property Description

Over $ 212,000 Actual Rent. CAP RATE 5.12 GRM 14.83. Seller has owned building 13 years and is retiring.. 4 - 2/2 plus a creative studio. No Soft Story Retrofit to Close to BEACH and near Main St in the newly upgraded " Santa Monica LiNC" transit.. Luxury Renovated . Prime SM Completely remodeled with SW Ocean views from large private terraces. A Turn key Investment or Great Owner user property. Walk to,Main St.,Abbot Kinney,Whole Foods, CVS, Starbucks. LEGAL 4 Unit plus Creuative Studio in back not under rent control. Real Wood floors,Granite,designer tile, Central AC, large fitted closets, Laundry in each unit ,Copper plumbing, Soaker tubs, Kohler , Toto, Open plan kitchens,SS appliances,,DUROLAST roof still under warranty,low voltage recessed lighting, low utility costs,bicycle room,storage,water efficient Landscape,water restricting faucets,soundproofing between floors , solid wood doors and trim. .Buyer to co-operate with sellers 1031 excha

Additional Information

Appliances
Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Refrigerator, Stackable W/D Hookup, Water Line to Refrigerator
Heat
Forced Air
Cooling
Air Conditioning
View
Parking
Carport Attached
Terms
Cash To New Loan

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Keller Williams Beverly Hills, Susan Marfleet - CA DRE#01472064 Selling Office: Deasy Penner & Partners.

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