
801-811 26th St
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RÉSUMÉ ANALYTIQUE
12-Unit Multifamily Investment Opportunity
• Rare multifamily opportunity located on a prime corner double lot on highly sought-after Montana Avenue
• Charming bungalow style building on market for the first time in 25 years
• On the market for the first time in 25 years, the property is competitively priced at a 4.61% in-place cap rate to be a 7.41% pro forma cap rate
• Units feature hardwood floors, dual entrances, dining rooms, and abundant natural lighting—select units offer renovated kitchens and baths, semi-private patios, in-unit washer and dryers, recessed lighting, and upgraded appliances
• Community amenities include a private lawn and on-site laundry for non-renovated units, with ample opportunity to enhance the space with fire pits, BBQ areas, and a dog run
• Nine garages located on the right side of the property present the opportunity to build (2-3) Accessory Dwelling Units (ADUs) over the existing garages, offering significant upside potential for additional rental income resulting in a 7.98% pro forma cap rate
Strong Multifamily Fundamentals
• Submarket asking rents expected to rise 16% over the next five years
• The property is served by three outstanding public schools, each rated 8/10 or higher by GreatSchools
• The average household income within a one-mile radius is $201,652
• Within a five-mile radius of the property, the population is 437,228
• Median home value of $2,000,001 within a one-mile radius of the property
Prime Location, Steps from Montana Avenue
• Ideally located in Santa Monica, just minutes from Silicon Beach, a thriving technology hub with major employers including SnapInc., Hulu, and Activision Blizzard, while being close to the growing technology and media scene in Santa Monica, home to companies such as Google, TikTok, and Lionsgate
• Prime location on the bustling Montana Avenue, filled with upscale dining and boutique shopping, and walking distance to the Brentwood Country Mart, featuring luxurious shops, cafes, and restaurants, and Wilshire Boulevard, home to a plethora of grocery stores including Erewhon, Bristol Farms, Trader Joe's, and Whole Foods
• Located on the border of Santa Monica and Brentwood, this property is a short walk from the Brentwood Country Club and offers outstanding connectivity, with the 405 freeway just 10 minutes away and the beach less than two miles away via Montana Avenue
• Rare multifamily opportunity located on a prime corner double lot on highly sought-after Montana Avenue
• Charming bungalow style building on market for the first time in 25 years
• On the market for the first time in 25 years, the property is competitively priced at a 4.61% in-place cap rate to be a 7.41% pro forma cap rate
• Units feature hardwood floors, dual entrances, dining rooms, and abundant natural lighting—select units offer renovated kitchens and baths, semi-private patios, in-unit washer and dryers, recessed lighting, and upgraded appliances
• Community amenities include a private lawn and on-site laundry for non-renovated units, with ample opportunity to enhance the space with fire pits, BBQ areas, and a dog run
• Nine garages located on the right side of the property present the opportunity to build (2-3) Accessory Dwelling Units (ADUs) over the existing garages, offering significant upside potential for additional rental income resulting in a 7.98% pro forma cap rate
Strong Multifamily Fundamentals
• Submarket asking rents expected to rise 16% over the next five years
• The property is served by three outstanding public schools, each rated 8/10 or higher by GreatSchools
• The average household income within a one-mile radius is $201,652
• Within a five-mile radius of the property, the population is 437,228
• Median home value of $2,000,001 within a one-mile radius of the property
Prime Location, Steps from Montana Avenue
• Ideally located in Santa Monica, just minutes from Silicon Beach, a thriving technology hub with major employers including SnapInc., Hulu, and Activision Blizzard, while being close to the growing technology and media scene in Santa Monica, home to companies such as Google, TikTok, and Lionsgate
• Prime location on the bustling Montana Avenue, filled with upscale dining and boutique shopping, and walking distance to the Brentwood Country Mart, featuring luxurious shops, cafes, and restaurants, and Wilshire Boulevard, home to a plethora of grocery stores including Erewhon, Bristol Farms, Trader Joe's, and Whole Foods
• Located on the border of Santa Monica and Brentwood, this property is a short walk from the Brentwood Country Club and offers outstanding connectivity, with the 405 freeway just 10 minutes away and the beach less than two miles away via Montana Avenue
INFORMATIONS SUR L’IMMEUBLE
Prix | 4 486 335 € | Classe d’immeuble | C |
Prix par lot | 373 861 € | Surface du lot | 0,14 ha |
Type de vente | Investissement | Surface de l’immeuble | 986 m² |
Nb de lots | 12 | Nb d’étages | 2 |
Type de bien | Immeuble residentiel | Année de construction | 1948 |
Sous-type de bien | Appartement | Ratio de stationnement | 0,08/1 000 m² |
Style d’appartement | De faible hauteur | ||
Zonage | R2, Santa Monica |
Prix | 4 486 335 € |
Prix par lot | 373 861 € |
Type de vente | Investissement |
Nb de lots | 12 |
Type de bien | Immeuble residentiel |
Sous-type de bien | Appartement |
Style d’appartement | De faible hauteur |
Classe d’immeuble | C |
Surface du lot | 0,14 ha |
Surface de l’immeuble | 986 m² |
Nb d’étages | 2 |
Année de construction | 1948 |
Ratio de stationnement | 0,08/1 000 m² |
Zonage | R2, Santa Monica |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Machine à laver/sèche-linge
- Planchers en bois
- Réfrigérateur
- Four
- Électroménager en acier inoxydable
- Cuisinière
- Salle à manger
- Patio
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Cour
- Laverie
- Aire de pique-nique
- Aire de jeu pour animaux de compagnie
LOT INFORMATIONS SUR LA COMBINAISON
DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
---|---|---|---|
1+1 | 8 | - | 70 |
2+1 | 4 | - | 88 |
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Walk Score®
Très praticable à pied (70)
TAXES FONCIÈRES
Numéro de parcelle | 4266-013-054 | Évaluation des aménagements | 669 834 € |
Évaluation du terrain | 1 044 158 € | Évaluation totale | 1 713 992 € |
TAXES FONCIÈRES
Numéro de parcelle
4266-013-054
Évaluation du terrain
1 044 158 €
Évaluation des aménagements
669 834 €
Évaluation totale
1 713 992 €
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801-811 26th St
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