3214 Highland Ave Santa Monica 90405

sold
Description:
Sweet development opportunity located on the border of south Ocean Park and the Rose Ave district! Existing 8 unit 1story multifamily property on a huge double lot. City of Santa Monica says there is an existing tentative tract map that is good until
Sep 2015. Existing designs call for a 6 condominiums of approximately 2000 square feet (one is a designated low income unit). Greatopportunity to complete a fantastic project nestled just 1 block from the chic Rose Ave Venice restaurants, bars, and coffee houses.Also close to Whole Foods, Golds Gym, the Promenade, and of course the Venice Boardwalk. Please do not disturb tenants or walkthrough the property.

Features:

  • ADDRESS: 3214 Highland Ave
  • CITY ZIP: Santa Monica 90405
  • TYPE: Multifamily Building
  • NUMBER OF UNITS: 8
  • GROSS INCOME: $137,172
  • YEAR BUILT: 1951
  • SQUARE FEET: 3,588
  • LOT SIZE: 10,495