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402 Pacific Street

Santa Monica, CA 90405
  • $3,795,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: SB25043750
UPDATED: 48 min ago
$3,795,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Bill Ruane of Estate Properties ()


Description

Southern California lifestyle, This renovated 6 unit residential income property is only steps away from the iconic beaches of Santa Monica. The complex is comprised of 3 top floor single level units, and 3 townhome style units with tree top vistas, new kitchen cabinetry, and stainless-steel appliances. This beautiful complex has the luxury of an in-unit washer & dryers as well as air conditioning. The building has controlled entry, with a video com security system. Ideally located close to the historic Santa Monica pier and Third Street Promenade.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-19T08:25:44.31. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160925472
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402 Pacific Street Santa Monica, CA 90405

  • Price: $3,795,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 48 min ago
  • ID#: SB25043750
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1954
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Southern California lifestyle, This renovated 6 unit residential income property is only steps away from the iconic beaches of Santa Monica. The complex is comprised of 3 top floor single level units, and 3 townhome style units with tree top vistas, new kitchen cabinetry, and stainless-steel appliances. This beautiful complex has the luxury of an in-unit washer & dryers as well as air conditioning. The building has controlled entry, with a video com security system. Ideally located close to the historic Santa Monica pier and Third Street Promenade.
Exterior Features

Entry Level 1 Entry Location Ground and Stairs Lot Features Corner Lot Number Of Separate Electric Meters 6 Open Parking Spaces 2 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.35 Common Interest None Community Features CurbsStreet LightsSidewalks Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 229332 Insurance Expense 4847 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 165048 New Construction YN No New Taxes Expense 47438 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Number Of Units Leased 6 Operating Expense 64285 Possession Negotiable Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 19111 Trash Expense 3800 Utilities Electricity ConnectedWater Connected Water Sewer Expense 4000 Water Source Public Zoning SMOP2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-19T08:25:44.31. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Bill Ruane of Estate Properties ()