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1502 Maple Street

Santa Monica, CA 90405
  • $3,200,000
  • STATUS: Active
  • ON SITE: 1 Day
  • ID#: 21107753
New On Site 1 Day Ago
UPDATED: 59 min ago
$3,200,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing provided courtesy of Sevak Keshishian of Marcus & Millichap

Description

We are pleased to present 1502 Maple Street, a 10-unit apartment building in Santa Monica. The bungalow style property is situated on a large lot of 12,557 square feet. The total building has 4,718 square feet, and has 8 one-bedroom units and 2 bachelor units. A few of the units have been partially upgraded over the years, but the entire property would benefit from a thorough interior and exterior renovation program. This is a true value-add opportunity in Santa Monica for the veteran or first time investor.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123556891
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1502 Maple Street Santa Monica, CA 90405

  • Price: $3,200,000
  • Status: Active
  • On Site: 1 Day
  • Updated: 59 min ago
  • ID#: 21107753
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1939
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
We are pleased to present 1502 Maple Street, a 10-unit apartment building in Santa Monica. The bungalow style property is situated on a large lot of 12,557 square feet. The total building has 4,718 square feet, and has 8 one-bedroom units and 2 bachelor units. A few of the units have been partially upgraded over the years, but the entire property would benefit from a thorough interior and exterior renovation program. This is a true value-add opportunity in Santa Monica for the veteran or first time investor.
Exterior Features

Parking Features Door-SingleGarageUncovered Parking Total 4 View Courtyard View YN Yes

Interior Features

Appliances DryerWasher Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 174023 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 121723 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Smr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T17:26:27.237. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Sevak Keshishian of Marcus & Millichap