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Address : 1256 CHELSEA AVE
SANTA MONICA CA 90404
Remarks : Investors Dream or Development Opportunity!!! Amazing chance to own a 4 unit income property in PRIME Santa Monica. EACH UNIT has its own LARGE PRIVATE YARD/PATIO perfect for entertaining, gardening, barbecuing, al-fresco dining, etc. One block from St. John’s Hospital (perfect for doctors/nurses who want to be close to hospital) minutes from the beach, steps to local shops, cafes, restaurants, close to transportation & schools. Two (2) units will be delivered VACANT so you can place your own tenants or live in the units. Detached 4 car garage to generate extra cash flow of $880/mo (buyer to verify). Scheduled gross rents of $10,180/month (buyer to verify). Possible DEVELOPMENT OPPORTUNITY while collecting rents (buyer to verify). Each unit has its own separate water heater; units have wood floors throughout, & remodeled kitchens.
Agent Remarks : Probate sale subject to court confirmation & overbid. Sold in “As Is” & “Where Is” condition. Two (2) units will be delivered vacant; other two (2) units will be sold subject to existing tenants. One (1) storage/garage will be delivered vacant; three (3) will be delivered subject to existing tenants. Commission of 2.5% to successful purchaser & is based on the final sales price in court. ****Please see attached document with offer instructions before submitting.**** Agent/Broker does not guarantee accuracy of information provided & buyer to do their own due diligence, verify square footage/unit/bedroom count, rent, rent control laws, etc. Do Not Disturb Occupants. CALL JOSH show contact info
CALL or TEXT with any questions JOSH show contact info
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