Value-add 4plex in Santa Monica offered at only $350k/unit! 2200 23rd St is the perfect opportunity for any value-add investor looking for one of the lowest price/unit 4plex in all of Santa Monica. Once the property is fully stabilized, it will operate at a 6.65% CAP and 11.40 GRM 2200 23rd St is comprised of (4) 1Bed+1Bath units. Each unit features a garage parking spot, as well as a spot for another parking space in front for a total of 8 parking spaces. The subject property is located only minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and a walk score of 77 (Very Walkable), 2200 23rd St is an ideal spot for any tenant!
MLS #
CRSB24013307
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Laundry
None
Pool
None
Garage/Parking
Garage: 4 Car(s)
Listing Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
Co-Listing Agent
David Messiah
Lyon Stahl Investment Real Estate, Inc.
License #: 02117893
Phone: (310) 561-2384
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 4 |
2200 23rd St is a Residential Income in Santa Monica, CA 90405. This – square foot property sits on a 6,077 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,450,000 and was built in 1938.
This address can also be written as 2200 23rd St, Santa Monica, CA 90405.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 05, 2024. For the most current information, please contact Cameron Samimi