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2420 34th Street, Santa Monica, CA 90405$2,695,000

1
bed
1
bath
3920
ft2
· 9632
ft2 lot
$688 / ft2

Listing provided courtesy of John Hathorn, Compass
Source CRMLS;
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The perfect opportunity to own a well-maintained 7-unit income building in the highly sought-after Sunset Park neighborhood located just blocks away from shopping, restaurants, Trader Joes, nightlife, Santa Monicas Production District & freeway/transit access. This property consists of two single-story buildings with 7 nicely upgraded 1Bd+1Ba apartments. All units have hardwood & tile floors, crown moldings & vintage charm! Copper plumbing & separately metered gas & electric. Off-street parking for each unit.

HOA

$0/month

On market

1 month

Year built

1946

Property type

Multi-Family

Parking

7

MLS

21786334

Price / Sq.Ft.

$688 / ft2

Status

Active

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Home details for 2420 34th Street

Interior Features & Layout
Appliances
•   
Appliances: Refrigerator
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas
Interior Size
•   
Building Area Total: 3920.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Parking Space, Uncovered
Building Info
•   
Zoning: SMR2*
•   
Stories Total: 1
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.2211
•   
Lot Size Area: 9632.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 7
Property Type
•   
Architectural Style: Traditional
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 117220.00
•   
Vacancy Allowance Rate: 1.00
•   
Total Expenses: 55350.00
•   
Gross Multiplier: 23.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 118920.00
•   
Tax Year: 2020
•   
Taxes: 3774.31
Lease Info
•   
Net Operating Income: 63570.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 7
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 11610.00
•   
Unit 1 Total Rent: 9710.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: South of Pico, North of Ocean Park Blvd.
Other
Calculation
•   
Dom: 23

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Los Angeles
Sunset Park
66
Properties for sale
13
Median days on market
$1024.35
Median sold price/sqft
101.44%
Sold/List %
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Property History for 2420 34th Street

10/14/2021
10/14/2021
CRMLS #21786334
active
CRMLS #21786334
$2,695,000
--1.96%
09/21/2021
09/21/2021
CRMLS #21786334
active
CRMLS #21786334
$2,749,000

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