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    247 Bicknell Avenue

    Santa Monica, CA 90405
    • $3,900,000
    • STATUS: Active
    • ON SITE: 164 days
    • ID#: OC21069940
    $3,900,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,004
      SQFT
    • $974
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Steps to the Beach from this classic 4 unit building (Circa 1950's) with garages. Two units on the ground floor and two unit above - which comprise an OWNERS UNIT. All units 2 bedrooms are light and bright and the floorplans are spacious with large kitchens and kitchen to living room pass throughs. Owner has done much remodeling with new copper plumbing, kitchen and bath remodeling, new roof yet has maintained the original character with hardwood floors throughout. Walk to the Metro and 3rd Street Promenade.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T00:28:52.49. 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 CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
    www.century21jordanlink.com/homes/115755955
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    247 Bicknell Avenue Santa Monica, CA 90405

    • Price: $3,900,000
    • Status: Active
    • ID#: OC21069940
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,004
    SQFT
    $974
    $/SQFT
    1953
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Steps to the Beach from this classic 4 unit building (Circa 1950's) with garages. Two units on the ground floor and two unit above - which comprise an OWNERS UNIT. All units 2 bedrooms are light and bright and the floorplans are spacious with large kitchens and kitchen to living room pass throughs. Owner has done much remodeling with new copper plumbing, kitchen and bath remodeling, new roof yet has maintained the original character with hardwood floors throughout. Walk to the Metro and 3rd Street Promenade.
    Exterior Features

    Construction Materials Copper Plumbing Exterior Features Rain Gutters Fencing BlockChain Link Lot Features Rectangular LotStreet Level Number Of Separate Electric Meters 5 Open Parking Spaces 4 Other Structures Storage Parking Features Door-MultiDrivewayGarageRv PotentialOne SpaceGarage Faces Side Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved View None View YN No

    Interior Features

    Appliances Gas RangeMicrowaveDryerWasher Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Wood Heating Natural GasWall Furnace Heating YN Yes Interior Features BalconyCeiling Fan(S)Tile CountersWalk-In Closet(S) Window Features Wood Frames

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.8 Common Interest None Community Features Street LightsWater Sports Electric Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 158400 Insurance Expense 2500 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 114780 New Construction YN No New Taxes Expense 30000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 35700 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 1200 Utilities Cable ConnectedNatural Gas AvailableSewer Connected Vacancy Allowance 7920 Vacancy Allowance Rate 5 Water Sewer Expense 900 Water Source Public Zoning Smop2*

    Listing provided courtesy of Shaun Hurley of First Team Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T00:28:52.49. 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 CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
     
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