A + + Location! Very Rare Investment Opportunity. Only changed ownership once i n about past 30 + Years. Almost a 3% CAP, less than $ 550 per sq ft and about $ 561,000 cost per unit. About 30% to 40% upside in rents, 5 units will be delivered vacant at Close of Escrow. Some of the features include Swimming Pool, Gym, Elevator, On Site Laundry, Copper plumbing, Tenant Storage Spaces, Controlled Access Entry, Subterranean Parking. Please see Docs section for Offering Memorandum. Also, please see listing on MLS at 16100 Sunset Blvd., Pacific Palisades, CA. Non Rent Control, 20 units built in 1995. $ 15.2 million.
Villa – Santa Monica, California, USA
Total area: 3,052 m² 47 bedrooms 47 bathrooms
- Built in 1972