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2032 Delaware Avenue, Santa Monica, CA 90404
Priced at Only: $9,999,000
For more Information Call Mobile: 714.478.6676
Address: 2032 Delaware Avenue, Santa Monica, CA 90404
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  • MLS#: 25537621 ( )
  • Street Address: 2032 Delaware Avenue
  • Viewed: 2
  • Price: $9,999,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 13
  • Additional Information
  • County: LOS ANGELES
  • City: Santa Monica
  • Zipcode: 90404
  • Provided by: Tony Azzi
  • Contact: Tony Tony
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    2032 2106 Delaware Avenue is a two story, wood frame construction apartment building consisting of 30 total units, supported by two parking structures at the rear of the property. The unit mix includes 20 one bedroom units, 2 two bedroom townhome units, and 8 two bedroom units, offering a balanced combination of layouts to attract a diverse tenant base. The property presents a compelling value add opportunity, with approximately 38% rental upside. Set on a large 1.09 acre lot with low site coverage, the site provides ample space for the addition of 2 to 4 accessory dwelling units (ADUs), allowing for future income growth. Residents enjoy the convenience of 26 private one car garages, full kitchens in each unit, and on site laundry facilities. Mature landscaping, combined with an open and spacious layout, creates a serene, garden style community atmosphere that is highly desirable to tenants. Located in the heart of Santa Monica's thriving Pico neighborhood, the property offers easy access to the I 10 and 405 freeways, major employment hubs, public transportation, and Santa Monica's renowned beaches, retail, and dining amenities.
Features
Appliances
  1. Microwave
  2. Refrigerator
Building Area Total
  1. 24494.00
Country
  1. US
Fireplace Features
  1. Kitchen
  2. Bath
  3. Dining Room
  4. Living Room
Flooring
  1. Wood
Levels
  1. Two
Netoperatingincome
  1. 466085.00
Parcel Number
  1. 4274021016
Parking Features
  1. Assigned
  2. Driveway
  3. Covered
  4. Private
  5. Garage - Single Door
  6. Garage
  7. Parking Space
  8. Concrete
  9. Gravel
Pool Features
  1. None
Postalcodeplus4
  1. 4842
Sourcesystemkey
  1. 25537621:CLAW
Spa Features
  1. None
Totalexpenses
  1. 278635.00
Year Built
  1. 1948
Zoning
  1. SMR2*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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