2428 Kansas Ave - Apartments FOR SALE


Santa Monica, CA 90404
$2,895,000 USD
310-428-4116
2428 Kansas Ave, Santa Monica, CA for Sale
$2,895,000 USD
Apartments - FOR SALE
1/26
null | 5.06% Cap Rate

2428 Kansas Ave
Santa Monica, CA 90404


HIGHLIGHTS

  • Beautifully renovated, Newly Painted Exterior Sunset Park, Santa Monica property
  • Favorable unit mix with spacious floor plans
  • Most units feature meaningful outdoor spaces & have been substantially renovated throughout
  • Seismic work completed
  • Close proximity to Pico Blvd shops & restaurants, Santa Monica College, Santa Monica Beach, Major Employment Centers & Bergamont Station
  • Seller Will Consider Carrying Back the First Trust Deed, Amount & Terms to be Determined

OVERVIEW

The Brander Investment Group of Miller & Desatnik Realty Corp is pleased to present The Kansas Seven Residences. The subject property is located within close walking distance to many of Santa Monica's great shops & restaurants, corporate campuses, Bergamont Station, as well as other public transportation, providing residents automobile-free access to all of Greater Los Angeles. The subject property sits on a quiet, tree lined street, and offers an attractive unit mix featuring a fully renovated Three Bedroom, Two Bathroom unit with an enclosed yard. The remaining six units are comprised of (6) Two Bedroom, One Bathroom Units, two of which are renovated very nicely. The subject property is individually metered for gas and electricity and has covered parking for each unit. The astute investor will quickly recognize that The Kansas Seven Residences provides its occupants well-appointed housing in a warm, secure setting, and a walk anywhere easily location. This is a unique opportunity to own a charming, desirable, Westside located Santa Monica asset. Santa Monica is known for its superior climate, great night life, cultural diversity, walk-ability and beaches.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$510 USD /SF

# OF UNITS

7

PRICE/UNIT

$413,571

CAP RATE

5.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ascent at 2428 Kansas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,822 SF

ZONING

R2, Santa Monica

APN/PARCEL ID

4274-007-010

ASK ABOUT THIS PROPERTY

Glenn BranderBrander Investment GroupMore Info
310-428-4116

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Glenn BranderBrander Investment GroupMore Info
310-428-4116

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