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107 + 117 W CHANNEL RD , Santa Monica, CA 90402 |
COMMERCIAL
HISTORIC MIXED USE JEWEL @ THE BEACH
| Property Type: |
Commercial |
| Building Size: |
5,137 SF |
| Lot Size: |
7,056 SF |
| Year Built: |
1915 |
| Price: |
$ 3,750,000 |
Cap Rate: |
5.6 |
| Bedrooms: |
7 |
| Bathrooms: |
11 |
Description:
| Property Use: |
Office/Residential/Commercial |
| # of Units: |
11 |
| apn: |
4410-012-001, 4410-012-00 |
| Zoning: |
LAC2 |
| Date available: |
Close of escrow |
| MLS#: |
08-318451, 08-318449 |
| Floors: |
2 |
| Parking: |
yes |
| Elementary School: |
Canyon Elementary |
| Senior High School: |
SAMOHI! |
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offered at $ 3,750,000
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| Sold |
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| Online Listing: |
| www.107and117WChannelRd.jodisummers.com |
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| Property Description: |
Gateway to Malibu, Santa Monica Canyon & the Pacific Palisades ~ Put this jewel in your portfolio - 2 properties - 107 + 117 West Channel Rd., Santa Monica, 90402 Gateway to Malibu, Santa Monica Canyon & Pacific Palisades A Historic 11-unit mixed use suite of properties across the street from the beach. Gross annual income = $268,644
PREMIER CORNER EXPOSURE ~ Gateway to Malibu, Santa Monica Canyon & Pacific Palisades with AMAZING OCEAN VIEWS!
107 W Channel offers - Commercial storefront with outstanding visibility; large 2br 2ba house; separate detached 1br 1ba apartment & small office. Effective Gross Income: $67,000.
117 W Channel offers 7 units remodeled with the finest attention to detail - wood floors, travertine bathrooms, stainless steel kitchens, advanced communications, lush
landscaping. (2) 1br 1ba & (5) studios. Use as apartments, offices, or live/work (Zoned C2). Built 1915. Effective Gross Income: $171,000.
107 West Channel Road (apn: 4410-012-001) is available for $1,350,000. ~ 117 West Channel Road (apn: 4410-012-002) is available for $2,500,000. ~ Both properties
(apns: 4410-012-001 + 4410-012-002) for the discounted price of $3,750,000.
Historic - built by F. E. Bundy + family in 1915.
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| Location Description: |
The intersection of Pacific Coast Highway, West Channel Rd. + Chautauqua Blvd.
Property Features:
- You are @ the beach
- Be at the beach, but be in th heart of it all
- A grade improvements
- EZ pz to freeway
- Historic property built by the Bundy family
- Put this jewel in your portfolio
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Seller Contact Info: |
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