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2101 VIRGINIA AVE Santa Monica, CA 90404
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Key Details
Sold Price $13,665,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 31,874 sqft
Price per Sqft $428
MLS Listing ID 19-502006
Sold Date 01/31/20
Year Built 1948
Lot Size 1.467 Acres
Property Description
APN: 4274-021-015 & 4274-020-007. This value-add 40-unit apartment property sits on almost 1.5 acres of land and provides a buyer with an excellent opportunity to either rehab the existing units, which have significantly under market rents, or demolish the two buildings and redevelop the property for, as an example, approximately 11 small lot townhome style condominium units. Buyers should investigate the development potential.
Location
State CA
County Los Angeles
Area Santa Monica
Zoning SMR2*
Rooms
Other Rooms Shed(s)
Dining Room 0
Interior
Heating Hot Water Circulator
Cooling None
Equipment Range/Oven
Exterior
Parking Features Built-In Storage, Carport, Parking Space, Uncovered
Garage Spaces 35.0
Building
Story 3
Others
Special Listing Condition Standard
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Bought with Keller Williams Pacific Estates La Mirada
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