Sold: Jan 22, 2021
Address
222 228 Idaho Avenue Santa Monica, CA
Price
$ 9,050,000
Property Attributes
  • ID#SR20193834
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • Zip90403
  • Style
  • Price$ 9,050,000
  • Bedrooms20
  • Full Bathrooms20
  • Half Bathrooms0
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Warren Berzack with Lee & Associates.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

The Idaho & 3rd Apartments are a well maintained 20-unit apartment community located in the primest of the prime locations in Santa Monica, California. Set amid lush surroundings on a 15,006 square foot lot, the 15,640 square foot property offers studios, one- and two-bedroom apartment homes. Built in 1954, the property offers, a phenomenal rental location and superb freeway access. * Prime 3rd Street Location * Two Blocks to the Santa Monica Cliffs & Palisades Park * 25% Upside in Rents * Reposition Opportunity (5 units delivered vacant) * Parking (16 Garage Parking Spaces, 8 Uncovered Parking Spaces)

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90403

Price
AVG $4.67M
$9.05M