1229 Princeton Street, Santa Monica, CA 90404

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Property Description

Discover the perfect investment opportunity in the heart of Santa Monica with this charming 6-unit property for sale. Current CAP rate of 4.77% with tremendous upside. Don't miss out on this rare chance to own a piece of prime real estate in one of California's most coveted locations. Explore the endless possibilities of this property and make your investment dreams a reality today! Introducing a fantastic opportunity in Santa Monica near Erewhon Market and great dining options on Wilshire Blvd! This 6-unit property features spacious living spaces, with 4 units offering 3 bedrooms each and 2 x 2 bedroom units. Ideal for investors looking to capitalize on high-demand rental units in a prime location. Don't miss out on this incredible investment opportunity!


Interior Features

Bedroom Information
Bedrooms 12
Bathroom Information
Bathrooms 14
Interior Information
Cooling Type None

Listing Information

Address 1229 Princeton Street
City Santa Monica
State CA
Zip 90404
County Los Angeles
Listing Agent Joshua Barre DRE #01222605
Co-Listing Agent Eric Caliboso DRE #02008096
Courtesy Of LA West Real Estate Inc.
Close Price $2,900,000
Status Closed
Type Residential Income
Structure Size 7,724
Lot Size 7,013
Year Built 1977

Listing information courtesy of: Joshua Barre, Eric Caliboso, LA West Real Estate Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jul 31st, 2024 at 7:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.