1802 DELAWARE Avenue, Santa Monica, CA 90404

About this property

We are pleased to present 1802 Delaware Avenue, located in beautiful Santa Moncia, CA. Built in 1940, this 5 unit investment opportunity consists of four charming, standalone bungalow style structures. The unit mix is comprised of four (4) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit.There is no other deal currently on the market with as much upside as this one! This opportunity offers almost 100% upside in rents through renovations. Not to mention the property is within walking distance of Santa Monica College, and is about 2 miles from the beach. Centrally located in the diverse Pico neighborhood of Santa Monica, this building offers residents central access to all of the city's amenities including some of the world's best dining, high-end retail, parks, art galleries, live music, and beaches.

Listing description from the January 2018 sale, as reported to CRMLS.

Sale history

$1,580,000

Sold January 2018 · listed $1,720,000, on market June 2017 · MLS #17243012 · Source: CRMLS

Listing Agent: Filip Niculete · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Filip Niculete · Marcus & Millichap

$1,300,000

Sold July 2015 · listed $1,659,000, on market May 2015 · MLS #215006934 · Source: CRMLS

Listing Agent: Silverio Martinez · Listing Office: RE/MAX Gold Coast REALTORS · Contact: 805-484-1600 · Bought with: Ryan Slaton · RE/MAX Gold Coast REALTORS

Explore Santa Monica