2240 Delaware Ave - Apartments FOR SALE


Santa Monica, CA 90404
$2,100,000 USD
510-468-7404
2240 Delaware Ave, Santa Monica, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

2240 Delaware Ave
Santa Monica, CA 90404


HIGHLIGHTS

  • BRAND NEW, DETACHED ADU | DELIVERED VACANT
  • NEWLY REMODELED 2Bdr 1 Bath | DELIVERED VACANT

OVERVIEW

AMAZING OWNER-USER OPPORTUNITY! The property will be delivered with a vacant, Brand-New, DETACHED 1-Bed, 1-Bath ADU perfect for personal use or rental income. Additionally, a newly remodeled 2-Bed, 1-Bath unit will also be delivered vacant, offering immediate move-in potential for an owner or tenant. Located in a desirable Santa Monica neighborhood, the property provides access to top-rated schools, walkable amenities, and a strong rental market. With modern upgrades and a flexible layout, this property is ideal for a buyer looking to live in one unit while generating rental income from the other. With multiple units in turnkey condition and prime location make it a rare opportunity in a competitive market.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$876 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,018 SF

ZONING

SMR2*

APN/PARCEL ID

4274-023-002

ASK ABOUT THIS PROPERTY

Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

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Chandler RockwellFred Leeds PropertiesMore Info
510-468-7404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.