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915 Marine Street, Santa Monica, CA 90405$2,675,000

3
beds
2
baths
3584
ft2
· 4805
ft2 lot
$746 / ft2

Listing provided courtesy of Jeffrey Gray, Conroy Commercial, Inc.
Source CRMLS;
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Fantastic location for this well kept Santa Monica 4-plex. These spacious units each have a fridge, washer/dryer, gas range stove top, oven and dishwasher. Each unit comes with two tandem parking spots. Some units have a private patio/courtyard. This is a highly convenient and walkable neighborhood being close by Whole Foods, Starbucks, Gelson's and all of the dining and shopping on Abbot Kinney and Rose Ave. All the units are occupied with some upside in rent. The previous owner converted a two bedroom to a large one bedroom (unit #4).

HOA

No HOA

On market

2 months

Year built

1963

Property type

Multi-Family

Parking

8

MLS

22221215

Price / Sq.Ft.

$746 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 915 Marine Street

Interior Features & Layout
Appliances
•   
Laundry Details: Washer Included, Dryer Included
•   
Appliances: Dishwasher, Refrigerator
•   
Has Appliances
•   
Laundry: 1
Interior Features
•   
Interior Features: Ceiling Fan(s)
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Interior Size
•   
Building Area Total: 3584.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Tandem Garage, Uncovered
•   
Uncovered Spaces: 8.00
Building Info
•   
Zoning: SMR2*
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1103
•   
Lot Size Dimensions: 40x120
•   
Lot Size Area: 4805.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 149880.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 48302.00
•   
Gross Multiplier: 17.80
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 149880.00
Lease Info
•   
Net Operating Income: 101578.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 3500.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 3000.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 3
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 3500.00
•   
Unit 1 Total Rent: 9490.00
Multi Unit Information
•   
# Of Units: 2
•   
Price Per Unit: 668750
School Neighborhood & Directions
School Info
•   
Directions: North of Rose Ave., just east of Lincoln Blvd.
Other
Calculation
•   
Dom: 8

Property History for 915 Marine Street

11/29/2022
11/29/2022
CRMLS #22221215
active
CRMLS #22221215
$2,675,000

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