208 Bicknell Avenue

    Santa Monica, CA 90405
    • $2,100,000
    • STATUS: Active Under Contract
    • ON SITE: 21 days
    • ID#: 18378606
    Under Contract
    UPDATED: 61 min ago
    $2,100,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,680
      SQFT
    • $1,250
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    The commercially zoned property is currently functioning as a duplex, each residence containing a separate entrance, private attached patio space, and off-street parking for three-cars. Residence 210 is the larger and includes two bedrooms and one bathroom. Residence 208 includes one bedroom and one bathroom. Separate utilities, copper plumbing, recently modernized roof, sky lights throughout each residence, wood burning fireplace in 210 - all located 20 feet from main street and two blocks to the beach. Proforma rent for 210 is $6,750 and proforma rent for 208 is $3,750. Current rent is based on the current allowable city of Santa Monica rent control. 210 will be delivered vacant at or before close of escrow.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T21:28:43.487. 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, 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.
    www.kimmeeker.com/homes/86925366

    208 Bicknell Avenue Santa Monica, CA 90405

    • Price: $2,100,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: 18378606
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,680
    SQFT
    $1,250
    $/SQFT
    1920
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    The commercially zoned property is currently functioning as a duplex, each residence containing a separate entrance, private attached patio space, and off-street parking for three-cars. Residence 210 is the larger and includes two bedrooms and one bathroom. Residence 208 includes one bedroom and one bathroom. Separate utilities, copper plumbing, recently modernized roof, sky lights throughout each residence, wood burning fireplace in 210 - all located 20 feet from main street and two blocks to the beach. Proforma rent for 210 is $6,750 and proforma rent for 208 is $3,750. Current rent is based on the current allowable city of Santa Monica rent control. 210 will be delivered vacant at or before close of escrow.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Oversized Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 4.70 Gross Multiplier 16.00 Gross Operating Income 126000.00 Improvements Amount 482772 Land Lease YN No Land Value 896577 Net Operating Income 98200.00 Special Listing Conditions Standard Total Expenses 27800.00 Zoning Smcm2*

    Listing provided courtesy of David Melaugh of The Agency and Michael Grady of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T21:28:43.487. 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, 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.
     
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