Sold
1229 Princeton St
Santa Monica CA, 90404
$2,900,000
$375.45 per sqft
Sold
12 Beds
14 Baths
7,724 sqft
Multi-family
Built in 1977
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!
24-410335
MLSⓇ ID
July 1, 2024
Listed
August 23, 2024
Updated
Map
1229 Princeton St
Santa Monica CA, 90404
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
14
Appliances
Garbage Disposal, Dishwasher, Microwave, Washer, Range/Oven, Refrigerator
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
Santa Monica
Days on Market
7
Garage
Yes
Parking
Community Garage
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
SMR2*
Listing History
Date | Event | Price |
|---|---|---|
7/31/2024 | Sold | $2,900,000 |
7/13/2024 | Under contract | — |
Listed by Joshua Barre with LA West Real Estate Inc.
Listing Contact: 310-935-4537
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Shelhee Gal | CA DRE# 01721758 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024
