RE/MAX Gateway
Mark Bolender
310-857-4956310-857-4956
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RE/MAX Gateway
Venice. Santa Clarita. Encino. Santa Monica. Malibu. Venice

1620 WASHINGTON Avenue, Santa Monica, CA 90403 (MLS # 20564954)

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PRICE $2,750,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 7,496 sqft

Beautiful Mediterranean style, property located in the Wilshire-Montana corridor. Corner lot with great curb appeal and visibility. Tremendous 80% upside on rents. Proforma CAP rate of 5.17%. Less than $500k per unit. It consists of 3 separate structures, creating a home-like bungalow/townhome style for its' tenants. Separately metered for gas and electricity, this low maintenance building offers lush landscaping and parking garages. 6 units total, consisting of (4) 1 bedroom+1 bathroom units, (1) 2 bedroom + 1.5 bath Townhome style unit and (1) 3 bedroom + 1.5 bath Townhome style unit. Don't miss this opportunity to purchase a trophy asset in prime North of Wilshire location. This type of opportunity doesn't come around often.

DAYS ON MARKET 50 LAST UPDATED 5/6/2020
YEAR BUILT 1936 COMMUNITY Santa Monica
COUNTY Los Angeles STATUS Sold
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
APPLIANCES Disposal, Refrigerator
COOLING None
LISTAGENTSTATELICENSE 01222605
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C14 - Santa Monica
PARCELNUMBER 4281003001
PARKINGFEATURES Garage
PREVIOUSSTANDARDSTATUS Active Under Contract
PROPERTYTYPE Residential Income
SENIORCOMMUNITYYN 0
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Closed

ZESTIMATE
$2753093  1620 WASHINGTON Avenue, Santa Monica, CA

RENT ZESTIMATE
$2600 / mo.  1620 WASHINGTON Avenue, Santa Monica, CA

84 Very Walkable



 
CONTACT US ABOUT 1620 WASHINGTON AVENUE
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Listing provided by : Joshua L Barre License # 01222605, Westside Property Management Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/6/20 3:49 AM PDT and /or other sources. 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

About Us

Picture of Mark Bolender

Mark Bolender

Cal DRE# 01065007

markbolender@remax.net

661-714-0510661-714-0510 mobile

Mark Bolender has been a driving force for good, in the Southern California real estate scene for 30 years. His innovations in service, technology and transparency has given him a rewarding career with many clients. "Calm, cool and collected" best describes him. Detailed and caring define his character. His first hand knowledge of the housing industry, inventory, architecture, design and Southern California culture blends with his seasoned experience. He loves advocating for people and negotiating on their behalf. Mark feels strongly about assisting people in finding real estate that will enhance and enrich one's life. After all Mark says, where you live determines one's self worth, happiness and grounded-ness.

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