Property Details

Price $6,250,000

Year Built 1960

# of Units 10

Price P/ Unit $625,000

Sq. ft. 12,771 SF

Price p/ Sq. ft. $489

Current Cap Rate 3.91%

Proforma Cap Rate 5.38%

Lot Size 7,497 SF

Zoning SMR2

About the Property

929 Idaho is a well-maintained ten unit property, located one block south of Montana Ave in Santa Monica, offering the quintessential Westside lifestyle for high-income professionals. Featuring over 12,500 SF in living space, 929 Idaho features an enticing unit mix comprised of (4) three-bdrm. townhouses, (2) 2-bdrm. townhouses and (4) 1-bdrm. units. A select number of interiors have been upgrade to include wood laminate flooring, quartz/marble countertops, recessed lighting, and custom cabinetry and backsplash. Please note, soft-story retrofitting has been completed. In addition, the property has received a number of capital improvements including a new roof, copper pluming, updated electrical system and vinyl windows.

Like this property?

Contact Kenny Stevens about it!

Related Listings

Front bungalow photo at Villas of Venice

Venice Bungalow Compound by Abbot Kinney and the Beach

Villas of Venice | 315-19 Vernon Ave
Venice, CA 90291

Price $5,850,000

City Venice

Units 6

15 Units Near Venice Beach with 33% Upside in Rents

354-356 4th Avenue
Venice, CA 90291

Price $8,675,000

City Venice

Units 15