1257 N 9th St

Santa Monica, CA, United States
USD $2,949,000
For Sale
Active
MLS 20-630996
Built 1960

Description

1031 EXCHANGE VALUE-ADD OPPORTUNITY! Located in picture perfect Santa Monica nine blocks to Palisades Park & the best ocean views around, 1257 9th Street is an outstanding Corner 5-Unit Investment Building Opportunity close to world class hospitals and the re-imagined Santa Monica Place with fine dining and amazing shopping experiences. This extraordinary opportunity corner property, with 2 out of 5 units totally remodeled in 2018, and 1-2 Bedroom unit with inside laundry, was brought up-to-date by the present Owners about 2 years ago. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its location, potential for increased income, to be a significant & unique addition to one's investment portfolio and/or a 1031 Exchange. Please download the Buyer's Brochure in MLS Doc Manager for full details on this outstanding investment property or request a copy by email from Listing Agent 1.

Features

Appliances

Baseboard Heating, Cook Top Range.

Parking

Carport.

Additional Resources

Location/Nearby

Listing Source Disclaimer

Copyright © 2020 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

General Disclaimer

To the fullest extent permissible pursuant to applicable law, this web site and the materials are provided on an "as is" and "as available" basis. LuxuryRealEstate.com expressly disclaims all warranties of any kind, whether expressed, implied, or statutory including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement. We do not warrant that this web site or the materials are completely error free, will operate without interruption, are compatible with all equipment and software configurations, free of viruses, errors, or other harmful components, or will otherwise meet your needs.