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1537 15TH St

Santa Monica, CA 90404
  • $6,100,000
  • STATUS: Pending
  • ON SITE: 121 Days
  • ID#: 22-131679
Pending
UPDATED: 31 min ago
$6,100,000
  • 20
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,621
    SQFT
  • $708
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:

School Ratings & Info

Description

1537 15th is a trophy property located in prime Santa Monica and constructed in 1990. The unit mix is comprised of huge 3-story, townhome-style units over a subterranean parking garage. Each unit has its own washer/dryer, gas fireplace, patio and balcony. Residents can walk to the Third Street Promenade and the Santa Monica Pier. The property is also attractive to college students as it is less than one mile to Santa Monica Community College (SMC). Due to the property being built in 1990, you are not subject to Santa Monica's oppressive rent control. The building is only subject to California AB 1482 rent control laws.The building is fully occupied, so please do not disturb the tenants

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/126201648
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1537 15TH St Santa Monica, CA 90404

  • Price: $6,100,000
  • Status: Pending
  • On Site: 121 Days
  • Updated: 31 min ago
  • ID#: 22-131679
20
Beds
0
Baths
0
½ Baths
0.17
Acres
8,621
SQFT
$708
$/SQFT
1990
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
1537 15th is a trophy property located in prime Santa Monica and constructed in 1990. The unit mix is comprised of huge 3-story, townhome-style units over a subterranean parking garage. Each unit has its own washer/dryer, gas fireplace, patio and balcony. Residents can walk to the Third Street Promenade and the Santa Monica Pier. The property is also attractive to college students as it is less than one mile to Santa Monica Community College (SMC). Due to the property being built in 1990, you are not subject to Santa Monica's oppressive rent control. The building is only subject to California AB 1482 rent control laws.The building is fully occupied, so please do not disturb the tenants
Exterior Features

Lot Size Area 7497 Other Structures None Parking Garage Subterranean Total Parking 15

Interior Features

Baths Total 16.00 Cooling Central Equipment None Heating Central

Property Features

Assessed Total Value 5771176 Gross Income 395060 Gross Operating Income 395060 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 260673.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 122536 Type Of Units 3+2.52+1.5 Year Built Source Vendor Enhanced Zoning Smr2*

Listing provided courtesy of Chase Simonton DRE#01766871 of Re/Max One.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064