FOR SALE – House w/Pool + 3 Units, Santa Monica

FOR SALE – House w/Pool + 3 Units, Santa Monica

CA

1123 Princeton St., Santa Monica

House with Pool, plus 3 units

North of Wilshire Blvd.

Exclusive offering at $2,475,000.00

Unit Mix:

  • Front House – Vacant.  2 bedroom, 1.5 bath Spanish style home.  Living room with fireplace, dining room, breakfast area, service porch, CA basement.  POOL with separate pool bathroom & shower.  One car garage and driveway for two (tandem) parking spaces.  Front house to be delivered vacant.  Rent projected at $4,500.00/month.
  • Unit A – One bedroom/one bath.  $2,000.00 with garage
  • Unit B – One Bedroom/one bath.  $1,566.12 with garage
  • Unit C – One bedroom/one bath.  $1,700.00 with garage
  • Laundry income – $20.00

Scheduled monthly rent:  $9,766.12                  GRM:  21.08

Scheduled annual gross rent:  $117,433.00      CAP Rate:  2.78%

Year Built:  Front House – 1931.  Rear Triplex (two story) – 1956.

Lot size:  Approximately 7,903 square feet

Zoning:  SM R2           APN:  4266-016-043

Rear yard with private swimming pool for front house.  Alley access to the four garages.

1123 Princeton St. – Brochure

1123 Princeton St.- For Sale

More info

$2,475,000

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Real Estate professionals serving Santa Monica and the Westside since 1962. Family operated real estate business in Santa Monica specializing in residential, commercial, residential income property sales and property management. Santa Monica apartment sales, rentals management are our areas of expertise. The seaside community of Santa Monica, West Los Angeles, Beverly Hills, Culver City and the Pacific Palisades are the location we focus our business. Santa Monica’s golden beaches are Pacific Ocean coastline, urban walkways and sandy terrain, gourmet cuisine and world-class dining and upscale boutiques make Santa Monica and the Westside the place to visit, live and work. Santa Monica and the Westside is a hub of the music, television, movie and internet industries. Yahoo, Google, Universal Music, MTV, Sony Music to name a few call Santa Monica home. It’s a great place to live, work and own property. With over forty-five years of real estate experience, we look forward to helping you with your real estate needs in SantaMonica and on the Westside.