Adam Kanizo
This listing was posted on RealtyWW.
$3,400,000
Home For Sale In Santa Monica, California
Price:
$3,400,000
BR/BA:
10+ BR, 10+ BA
Location:
1502 Maple St, Santa Monica, CA
Description:
1502 Maple is a 10-unit bungalow style apartment complex on a large 12, 557 sqft lot. The property features 8 (eight) one bedroom units and two bachelor units. The property has two detached garage structures with 4 separate garages. Four of the garages are rented as storage generating $1775/mo of additional income. Being sold at an in-place 5% cap rate and 14.6GRM! With over 50% upside in rents. About half of the property has been renovated, some units have in-unit washer/dryers. The property does have a shared laundry facility. 1502 Maple St is walking distance to some of the best retail in Santa Monica. Owner has the ability to add two large ADU units to the property through a garage conversion.For more details: https://realtyww.info/homes_santa-monica-d526236/for-sale_i70345174
Property Type:
Single-Family Houses
Sq feet:
557 sq. ft.
Amenities:
Parking, Storage
Posted:
April 7 on RealtyWW
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More About this Listing: Home For Sale In Santa Monica, California
Home For Sale In Santa Monica, California is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale at 1502 Maple St in Santa Monica CA. Find other listings like Home For Sale In Santa Monica, California and listings near 1502 Maple St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Santa Monica CA.
Home For Sale In Santa Monica, California is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale at 1502 Maple St in Santa Monica CA. Find other listings like Home For Sale In Santa Monica, California and listings near 1502 Maple St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Santa Monica CA.