1620 Washington Ave., Santa Monica, CA 90403 - 20606622 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1620 Washington Ave.
Santa Monica, CA 90403

Active, Multi-Family/Income Sale

For Sale

$3,350,000

Free Professional CMA

Listing ID : 20606622

  • Beds

    6
  • Year

    1936

Description

PRICE REDUCTION! BEST VALUED PLAY FOR OWNER-USER IN THE WILSHIRE-MONTANA CORRIDOR - NO ADDITIONAL SEISMIC RETROFIT REQUIRED PER SM CITY Located among the Rare Air of Northwest Santa Monica, we are proud to present: 1620 Washington Avenue, an incredible 6-unit investment opportunity! The beauty in these rare Mediterranean style apartments is more than what you can see from the street! Unit interiors have been meticulously preserved to maintain the original charm of the era! The property is comprised of one

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 4281003001
Net Operating Income: $61,794 
Days on Market: 983 
Number of Units: 6 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: SMR2* 

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Interactive

34.031525 -118.489243 $3,350,000 20606622
1620 Washington Ave., Santa Monica, CA 90403
Directions to here from:

Area Information 90403

Population:

23,715 Up .02% since 2010
Average Income:
$159,180
Average Age:
42Years
Gender:
50.66%Male
49.34%Female
Households:
12,51614.65% with children
Average Value:
$1,807,943
Occupancy:
23.8%Owned
76.2%Rented
9.19%Vacant
Education:
6.96%High School
3.9%Associate
40.69%Bachelor
32.77%Graduate
Average Residency:
21Years
Crime Rate:
Above Average
Annual Rainfall:
14.73Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average

Tax Assessments

Value

  • Land $393,788
  • Improvements $131,250

  • Total $525,038

Property Tax

  • - -

History

Date Transaction Price Mortgage Amt & Lender
Date
May 06, 2020
Transaction
Sold - Residential Income20-564954
Price
$2,750,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Benjamin J. Hsiang with Realty Investment Advisors, Inc.