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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!


offered at $ 3,750,000
Sold
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Online Listing:
www.107and117WChannelRd.jodisummers.com
 
 
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.
 
 
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


Seller Contact Info:
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