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| 2BR/2.0BA | 2 bed | 2 bath | 1,250 sqft |
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Apartment Amenities
| Gated | Trash |
| Water |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Building
| Cats OK | Dogs OK |
Grounds
| Garage Parking |
One-time.
One-time. Refundable.
Garage Parking
| Units | 17 |
|---|
Originally built in 1956, the building boasts an incredibly rare unit mix consisting of all extremely large 2-bedroom 2 bath units. Each of these units are extremely spacious and have a terrific floor plan. The property is situated on a massive half acre corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.08/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to Montana Avenue and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
How Santa Monica 17 units Apt compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| April 2024 | $2,569 |
| May 2024 | $2,471 |
| June 2024 | $2,393 |
| July 2024 | $2,350 |
| August 2024 | $2,329 |
| September 2024 | $2,326 |
| October 2024 | $2,195 |
| November 2024 | $2,275 |
| December 2024 | $2,270 |
| January 2025 | $2,303 |
| February 2025 | $2,421 |
| March 2025 | $2,279 |
| April 2025 | $2,199 |
| May 2025 | $2,184 |
| June 2025 | $2,183 |
| July 2025 | $2,119 |
| August 2025 | $2,015 |
| September 2025 | $2,067 |
| October 2025 | $2,125 |
| November 2025 | $2,087 |
| December 2025 | $2,092 |
| January 2026 | $2,195 |
| February 2026 | $2,193 |
| March 2026 | $2,097 |
| Month | Median Rent |
|---|---|
| April 2024 | $4,133 |
| May 2024 | $4,100 |
| June 2024 | $4,188 |
| July 2024 | $3,662 |
| August 2024 | $3,225 |
| October 2024 | $4,200 |
| November 2024 | $4,200 |
| January 2025 | $4,450 |
| February 2025 | $4,387 |
| March 2025 | $4,450 |
| April 2025 | $3,200 |
| May 2025 | $2,587 |
| June 2025 | $2,500 |
| July 2025 | $2,350 |
| February 2026 | $2,500 |
| March 2026 | $2,500 |
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