Sold
2501 Beverley Avenue
Santa Monica CA, 90405
$12,800,000
$443.80 per sqft
Sold
28,842 sqft
Residential
Built in 1960
Listed by Warren Berzack with Lee & Associates 818-986-9800
DRIVE BY ONLY PLEASE. This attractive 28-unit apartment complex is located in a fabulous Santa Monica neighborhood, walking distance from the beach with ocean views from some units!
Featuring 40%+ rental upside, the well-maintained property comprises a great unit mix of one- and two-bedrooms. It spans 28,842 square feet of rentable space, set on a 23,962 square foot lot. Built in 1960, Tiki Apartments also presents a tremendous reposition opportunity.
* Superb Santa Monica Location
* Excellent 40%+ Rental Upside
* Coveted Neighborhood
* Huge Reposition Opportunity
SR22147750
MLSⓇ ID
July 5, 2022
Listed
March 23, 2024
Updated
Map
2501 Beverley Avenue
Santa Monica CA, 90405
Interior Features
Total Stories
3
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.55 Acres
Lot Features
Sloped Down, Landscaped
Sewer
Public Sewer
Other Property Details
Area Name
C14 - Santa Monica
Days on Market
13
Garage
No
Parking
Assigned
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
Community
Zoning
SMOP2*
Buyer Agency Compensation
1%
Listing Contact: 818-986-9800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:37 AM UTC