35 Arcadia Ter Santa Monica, CA 90401
Beachfront Retail, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Nine-unit multifamily property totaling ±3,810 square feet on a ±3,332 square foot lot.
- Prime Santa Monica beachfront location near the pier and Third Street Promenade.
- Unit mix: eight one-bedroom/one-bathroom units and one studio.
- Completely remodeled units featuring new kitchens, bathrooms, flooring, HVAC systems, and in-unit laundry.
- Market-rate rents currently in place.
- Projected 5%+ return on investment upon full occupancy, with significant upside potential.
Property Details for 35 Arcadia Ter
- Property type
- Retail properties
- Square Feet
- 3,810 SF
- Year Built
- 1912
- Units
- 9
Location Insight
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Latitude
- 34.0099333
- Longitude
- -118.4938032
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Beachfront Retail, High ROI
- Where is the retail property located?
- The property is located at 35 Arcadia Ter Santa Monica, CA.
- What is the asking price?
- The asking price for this property is $4,500,000.
- What are key features of this property?
- This property features: Nine-unit multifamily property totaling ±3,810 square feet on a ±3,332 square foot lot.; Prime Santa Monica beachfront location near the pier and Third Street Promenade.; Unit mix: eight one-bedroom/one-bathroom units and one studio.
- How can I contact the broker?
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