1229 Princeton Street

Santa Monica, CA 90404

$2,900,000

Sold Price
12

bed Beds

14

shower Baths

7,724 sqft

straighten / sqft

1977

calendar_month Built

Property Description

Discover the perfect investment opportunity in the heart of Santa Monica with this charming 6-unit property for sale. Current CAP rate of 4.77% with tremendous upside. Don't miss out on this rare chance to own a piece of prime real estate in one of California's most coveted locations. Explore the endless possibilities of this property and make your investment dreams a reality today! Introducing a fantastic opportunity in Santa Monica near Erewhon Market and great dining options on Wilshire Blvd! This 6-unit property features spacious living spaces, with 4 units offering 3 bedrooms each and 2 x 2 bedroom units. Ideal for investors looking to capitalize on high-demand rental units in a prime location. Don't miss out on this incredible investment opportunity!

Listing Information

Close Price $2,900,000
Close Date Monday, July 29th, 2024
Status Closed
MLS 24410335
Type Residential Income
Year Built 1977
Lot Size 7,013
Structure Size 7,724
DOM 7
Courtesy Of LA West Real Estate Inc.
Listing Agent Joshua Barre DRE#01222605
Co-Listing Agent Eric Caliboso DRE#02008096

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 14
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Joshua Barre, Eric Caliboso, LA West Real Estate Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 31st, 2024 at 7:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.