Category Archives: Santa Monica

Triplex MultiFamily Investment Property SANTA MONICA California for sale

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Excellent opportunity to have it all in one property: perfect apartment for owner/occupier with private yard, significant rental income (approx $5900 with empty unit, or $9000 if rented). Currently 3 units one of which recently custom remodeled per owners specs offering numerous upgrades such as french doors leading to a private backyard with fruit trees, custom kitchen, inside WD units and additional mother in law quarters perfect for a visitor/ office or bonus space. Well taken care of building: New paint through out, New dual paned energy efficient windows, New roof and rain gutters, upgraded electrical, newer plumbing, all units oak floors. Front unit A, delivered vacant at close with upside potential to remodel and live in or charge premium rents. Development opportunity to build an additional unit on the property given zoning and size of lot. Multiple locations to enjoy outiside. Walking distance to the Metro line @ Colorado / 17th, close to SMC. SM triplex rent control exempt

Located at 1847 18th Street in Santa Monica California, this is the investment property you must see in person.  Please contact Jeff Lovell or Zan Sacker at www.SackerLovell.com for more information.  Zan and Jeff are area EXPERTS in Venice Beach, Culver City and Santa Monica, you will not find two agents who know these neighborhoods better.MultiFamilyOWL looks to Zan and Jeff for the market pulse of current market rents, vacancy factors, rising/declining GRMs and other multifamily investment property topics that our investors are interested in.  Many of our buyers find the investment property they are interested in on MultiFamilyOWL.com then call Zan and Jeff to get the local knowledge and guidance needed!

 

santa monica los angeles ca rent for sale duplex

Santa Monica Ca Home FOR RENT…..Very large warm & bright home w/lap pool!

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A magnificent home is listed for rent in Santa Monica at 516 26th Street in Santa Monica.  This beautiful home is situated in a great neighborhood close to all the restaurants and shopping.  The home boasts over 3,000sq’ of living area with six bedrooms and 3 bathrooms listed at $12,500 per month.  Linda Easton Coldwell Banker is the listing agent and can be contacted at 310-454-1111.

To view more pictures of this sensational home on 26th Street or view others for rent and for sale in the neighborhood please don’t forget to visit www.MultiFamilyOWL.com

SANTA MONICA, CA, FOR RENT, FOR LEASE
Santa Monica is located in Los Angeles County and is a great place to rent multifamily,
duplex, triplex, fourplex and larger commercial apartment properties. Its job industry,
conveniences, and attractions make this a great place to live and there is a good market
available to rent multifamily rental properties such as duplexes, triplexes, and fourplexes. Santa
Monica does have rent control
Santa Monica’s population was 91,812 as of 2011. Santa Monica is home to many
Hollywood celebrities and executives and is a mixture of affluent single-family neighborhoods,
renters, surfers, professionals, and students. The estimated median household income in 2011
was $66,747 (it was $50,714 in 2000). This is higher than the California median which was
$57,287 in 2011.
The city also enjoys being close to a variety of conveniences. It has Santa Monica
Airport, its own municipal airport that handles around 346 operations a day. The Los Angeles
International Airport (LAX) is also just 14 miles away. There are two hospitals in Santa Monica
including Saint John’s Health Center and UCLA Medical Center and Orthopaedic hospital.
Santa Monica College is the largest local college with 11,468 full time enrolled students, and the
largest nearby college is the University of California Los Angeles (UCLA) which has over 37,000
full time enrolled students and is only 5 miles away.
Santa Monica has many attractions, the most popular of which is the Santa Monica
Pier, a recreational and entertainment center featuring restaurants, retail establishments and
an amusement park. The Third Street Promenade is also an upscale shopping, dining and
entertainment complex in the downtown area. Other attractions include the Pier Aquarium,
Bergamot Station, Santa Monica Museum of Art and Palisades Park.
All of these features make Santa Monica a great city to rent multifamily rental properties
such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant,
wealthy community has great attractions, a healthy work industry, and above average rentals.
The desirability to live here make it an ideal location for multifamily living and the city does have
great duplex, triplex, and fourplex properties.
This information was gathered from www.smgov.net, city-data.com, and wikipedia

 
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for rent in Santa Monica.
 

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFamilyOwl.com

Santa Monica Los Angeles Ca For Rent Lease

Santa Monica, Los Angeles Ca 2 bedroom 1.5 bathroom town home FOR RENT

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Robert Molet Coldwell Banker Residential listed a beautiful 2 bedroom 1.5 bathroom town home FOR RENT at 2452 Chelsea Place #M.  This property is located in the center of Santa Monica Ca close to 26th Street and Santa Monica Blvd.  With an awesome central location, well kept smaller complex and an asking price currently listed at $2,500 on the MLS, we give this rental two thumbs up!  To contact the listing agent directly please click his name above to be directed to his website.

LOS ANGELES, CA, FOR RENT, FOR LEASE
Los Angeles is located in Los Angeles County and is a great place to rent multifamily,
duplex, triplex, fourplex and larger commercial apartment properties. Its job industry,
conveniences, and attractions make this a great place to live and there is a good market
available to rent multifamily rental properties such as duplexes, triplexes, and fourplexes.There
is rent control, unless the building falls under one of the exceptions, which are listed under the
definition of “Rental Unit” in LAMC 151.02.
Los Angeles’s population was 3,857,799 as of 2012, which makes it the most populous
city in California. The estimated median household income in 2011 was $46,148 (it was $36,687
in 2000). This is lower than the California median which was $57,287 in 2011.
Nicknamed the City of Angels, Los Angeles is a global city, with strengths in business,
international trade, entertainment, culture, media, fashion, science, sports, technology,
education, medicine and research and has been ranked sixth in the Global Cities Index. The
city is home to renowned institutions covering a broad range of professional and cultural fields
and is one of the most substantial economic engines within the United States. Los Angeles
includes Hollywood and leads the world in the creation of television productions, video games,
and recorded music; it is also one of the leaders in motion picture production. The biggest
employers in the city are: the County of Los Angeles, Los Angeles Unified School District,
University of California, Los Angeles, Kaiser Permanente, Northrop Grumman Corp., University
of Southern California, Target Corp., Kroger Co., and many others who employ thousands of
employees.
The city also enjoys having a large variety of conveniences. It hosts the Los Angeles
International Airport (LAX), and the Los Angeles County Metropolitan Transportation Authority
(LA Metro), which provides public transportation throughout the city and county. There are
21 hospital in LA including, Ceders-Sinai Medical Center, Kaiser, USC Medical Center, Los
Angeles Metropolitan Medical Center, and Ronald Reagan UCLA Medical Center. There are
also numerous colleges and universities in Los Angeles, but the biggest ones are University of
California Los Angeles, University of Southern California, and California State University Los
Angeles.
Los Angeles has many attractions, including Walt Disney Concert Hall, the Kodak
Theatre, the Griffith Observatory, the Getty Center the Los Angeles Memorial Coliseum, the Los
Angeles County Museum of Art, Grauman’s Chinese Theatre, the Hollywood Sign,Hollywood
Boulevard, the Capitol Records Building, the Hollywood Bowl, the Staples Center, Dodger
Stadium, and many more. There are more museums per capita than any other city in the world.
For shopping there are large centers such as Westside Pavilion Shopping Center, Century City
Center, and the Beverly Center, just to name a few. For restaurants, nightlife, entertainment,
recreation, boutique shopping, and historical or art appreciation, Los Angeles offers it all.
All of these features make Los Angeles a great city to rent multifamily rental properties
such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant,
growing community has great attractions, a healthy work industry, and many renters. The
density of the city and the desire for people to live here, make it an ideal location for multifamily
living and the city does have great duplex, triplex, and fourplex properties.
This information was gathered from www.lacity.org,city-data.com, and wikipedia

 

Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for rent in Los Angeles (City).

 

Santa Monica Los Angeles Ca MultiFamily DUPLEX FOR SALE

Santa Monica Los Angeles Ca, MULTIFAMILY DUPLEX FOR SALE

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Today’s blog post takes a closer look at a multifamily DUPLEX listed for sale in Santa Monica Los Angeles California, on 20th Street with very close proximity to Santa Monica College.   The multifamily duplex was listed for sale by Daniel Klein within the last 4 1/2 weeks and looks to possibly have re-development opportunities (not verified) with such a nice big lot in a very desirable overall location.  To view more pictures, detailed descriptions and financials on this Multi-Family DUPLEX for sale in Santa Monica Los Angeles California please click this link now.

Search DUPLEX Multi-family Homes and Properties FOR SALE in Santa Monica LOS ANGELES California

Santa Monica is located in Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. Santa Monica does have rent control.

Santa Monica’s population was 91,812 as of 2011. Santa Monica is home to many Hollywood celebrities and executives and is a mixture of affluent single-family neighborhoods, renters, surfers, professionals, and students. The estimated median household income in 2011 was $66,747 (it was $50,714 in 2000). This is higher than the California median which was $57,287 in 2011.

The city also enjoys being close to a variety of conveniences. It has Santa Monica Airport, its own municipal airport that handles around 346 operations a day. The Los Angeles International Airport (LAX) is also just 14 miles away. There are two hospitals in Santa Monica including Saint John’s Health Center and UCLA Medical Center and Orthopaedic hospital. Santa Monica College is the largest local college with 11,468 full time enrolled students, and the largest nearby college is the University of California Los Angeles (UCLA) which has over 37,000 full time enrolled students and is only 5 miles away.

Santa Monica has many attractions, the most popular of which is the Santa Monica Pier, a recreational and entertainment center featuring restaurants, retail establishments and an amusement park. The Third Street Promenade is also an upscale shopping, dining and entertainment complex in the downtown area. Other attractions include the Pier Aquarium, Bergamot Station, Santa Monica Museum of Art and Palisades Park.

All of these features make Santa Monica a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, wealthy community has great attractions, a healthy work industry, and above average rent. The desirability to live here make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Also serving other Los Angeles County Cities.This information was gathered from www.smgov.net, city-data.com, and wikipedia Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Santa Monica.

 

santa monica california duplex multifamily for sale los angeles

SANTA MONICA multifamily DUPLEX FOR SALE….blocks from the beach!

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This Santa Monica multifamily DUPLEX FOR SALE is located between the Santa Monica Pier and all the shops and dining on Main Street just a few blocks east of the Pacific Ocean !  The DUPLEX is in a Los Angeles RENT CONTROL district and consists of a 2 bedroom 1 bathroom apartment and a 1 bedroom 1 bathroom apartment.  The LOCATION and 4,905 square foot lot are the keys to this amazing appreciation play multi-family income property:  remodel or build new are two perfect angles.  The duplex has been available for 17 days brokered by Estate Realty Group Nicole Stinson.  Please click the following live link to view additional pictures, descriptions and financials:   Santa Monica DUPLEX FOR SALE in an A+ LOcation

(All property details retrieved from CRMLS © 2014 CRMLS. Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)

Search Multi-family Homes and Properties in Santa Monica, California

Santa Monica is located in Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. Santa Monica does have rent control.

To read a few past Santa Monica DUPEX FOR SALE blogs please click this live link!

Santa Monica’s population was 91,812 as of 2011. Santa Monica is home to many Hollywood celebrities and executives and is a mixture of affluent single-family neighborhoods, renters, surfers, professionals, and students. The estimated median household income in 2011 was $66,747 (it was $50,714 in 2000). This is higher than the California median which was $57,287 in 2011.

The city also enjoys being close to a variety of conveniences. It has Santa Monica Airport, its own municipal airport that handles around 346 operations a day. The Los Angeles International Airport (LAX) is also just 14 miles away. There are two hospitals in Santa Monica including Saint John’s Health Center and UCLA Medical Center and Orthopaedic hospital. Santa Monica College is the largest local college with 11,468 full time enrolled students, and the largest nearby college is the University of California Los Angeles (UCLA) which has over 37,000 full time enrolled students and is only 5 miles away.

Santa Monica has many attractions, the most popular of which is the Santa Monica Pier, a recreational and entertainment center featuring restaurants, retail establishments and an amusement park. The Third Street Promenade is also an upscale shopping, dining and entertainment complex in the downtown area. Other attractions include the Pier Aquarium, Bergamot Station, Santa Monica Museum of Art and Palisades Park.

All of these features make Santa Monica a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, wealthy community has great attractions, a healthy work industry, and above average rent. The desirability to live here make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Also serving other Los Angeles County Cities.This information was gathered from www.smgov.net, city-data.com, and wikipediaThank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Santa Monica.

 

Santa Monica California….Multi-Family duplex investors rushing to buy income property for sale

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Santa Monica is located in Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. Santa Monica does have rent control.

Santa Monica’s population was 91,812 as of 2011. Santa Monica is home to many Hollywood celebrities and executives and is a mixture of affluent single-family neighborhoods, renters, surfers, professionals, and students. The estimated median household income in 2011 was $66,747 (it was $50,714 in 2000). This is higher than the California median which was $57,287 in 2011.

The city also enjoys being close to a variety of conveniences. It has Santa Monica Airport, its own municipal airport that handles around 346 operations a day. The Los Angeles International Airport (LAX) is also just 14 miles away. There are two hospitals in Santa Monica including Saint John’s Health Center and UCLA Medical Center and Orthopaedic hospital. Santa Monica College is the largest local college with 11,468 full time enrolled students, and the largest nearby college is the University of California Los Angeles (UCLA) which has over 37,000 full time enrolled students and is only 5 miles away.

Santa Monica has many attractions, the most popular of which is the Santa Monica Pier, a recreational and entertainment center featuring restaurants, retail establishments and an amusement park. The Third Street Promenade is also an upscale shopping, dining and entertainment complex in the downtown area. Other attractions include the Pier Aquarium, Bergamot Station, Santa Monica Museum of Art and Palisades Park.

All of these features make Santa Monica a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, wealthy community has great attractions, a healthy work industry, and above average rent. The desirability to live here make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

This information was gathered from www.smgov.net, city-data.com, and wikipedia

 Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Santa Monica. Click this live link to be brought directly to: 17 active Santa Monica California multi-family duplex, triplex, fourplex and 5 unit+ income properties looking for buyers.

 

Santa Monica Wins! Highest Rent Averages in Los Angeles County

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The 2013 USC Casden MultiFamily forecast recently crowned Santa Monica California with the highest average rent in all of Los Angeles County. “The Santa Monica submarket contains 2.4 percent of the multifamily rental inventory in Los Angeles County. Over 200 new multifamily rental units were completed in the submarket since 2009Q3. In the first two quarter of 2009 there was a negative absorption of over 200 units; however, since then 415 units were absorbed in the submarket. As a result, the vacancy rate declined from 4.1 percent in 2009Q3 to 2.9 percent in 2013Q2. The average rent in Santa Monica was $2,328 in 2013Q2, which was a 2.8 percent increase from the rent in the previous year, and was the highest average rent in all of the submarkets in the County.”

At the time of this post there were 22 available multifamily duplex, triplex, fourplex income properties in Santa Monica, California listed on the CRMLS.  Four duplexes and two triplexes, priced from the low one million range to the mid three million range (location playing a huge roll in the massive difference in prices). There are five 4-plexes listed available with an average asking price right around $1,600,000 and eleven commercial multifamily apartment buildings (five or more unit apartment buildings) with an average CAP Rate between 3%-4%. Thus far in the 1st quarter 2014,  five multifamily residential income apartment buildings have  already closed escrow with an approximate average of $400,000 per unit sales price.  Nine more multifamily investment properties are currently in escrow providing for a very robust absorption rate of available inventory.

With the highest average rental rates in Los Angeles County, Santa Monica California’s multifamily property market is attracting investors from all over the state, country and world.