16100 W Sunset

    Pacific Palisades, CA 90272
    • $14,295,000
    • STATUS: Active
    • ON SITE: 182 days
    • ID#: 17259784
    $14,295,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,522
      SQFT
    • $697
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1995
    County:

    School Ratings & Info

    Description

    ALMOST $1 MILLION PRICE REDUCTION! This is only one of a total of five multi family properties in all of Pacific Palisades that is NON RENT CONTROL. Very, very rare Investment Opportunity in the Palisades. Only second time available for sale in over 20 years. According to CoStar, only one multi family property has sold in the past two years in this zip code. Very close to new Caruso development in the Village. Central Air and Heating, Washer and Dryer in each unit, Elevator, Subterranean Parking, Individual Storage for each unit, many units have Granite Kitchens and Bathroom Counter Tops, Upgraded Appliances and abundant closet space. Large balconies and Controlled Access Entry. Trash Chutes on each floor. Units separately metered for gas and electric. Please see Documents for full OM. Also, please see listing at 834 4th Street. 32 Units in Prime Santa Monica.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-20T00:27:54.107. 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.themarellygroup.com/homes/76090363

    16100 W Sunset Pacific Palisades, CA 90272

    • Price: $14,295,000
    • Status: Active
    • ID#: 17259784
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    20,522
    SQFT
    $697
    $/SQFT
    1995
    Built
    Neighborhood:
    C15 - Pacific Palisades
    County:
    Los Angeles
    Area:
    C15 - Pacific Palisades
    Property Description
    ALMOST $1 MILLION PRICE REDUCTION! This is only one of a total of five multi family properties in all of Pacific Palisades that is NON RENT CONTROL. Very, very rare Investment Opportunity in the Palisades. Only second time available for sale in over 20 years. According to CoStar, only one multi family property has sold in the past two years in this zip code. Very close to new Caruso development in the Village. Central Air and Heating, Washer and Dryer in each unit, Elevator, Subterranean Parking, Individual Storage for each unit, many units have Granite Kitchens and Bathroom Counter Tops, Upgraded Appliances and abundant closet space. Large balconies and Controlled Access Entry. Trash Chutes on each floor. Units separately metered for gas and electric. Please see Documents for full OM. Also, please see listing at 834 4th Street. 32 Units in Prime Santa Monica.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features SubterraneanControlled Entrance Parking YN Yes

    Interior Features

    Appliances Garbage DisposalIce MakerRefrigeratorDishwasher Appliances YN Yes Cooling Central Cooling YN Yes Interior Features Elevator Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 2.60 Gross Multiplier 20.70 Gross Operating Income 690120.00 Laundry YN Yes Net Operating Income 367911.00 Special Listing Conditions Standard Total Expenses 322209.00 Zoning Lar3

    Listing provided courtesy of Stephen Saltzman of Keller Williams-Santa Monica.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-20T00:27:54.107. 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.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003