2505 14th Street, Santa Monica, CA 90405
Property
Sold May 2024
Listing Agent: David Weinberger (DRE #01349349) · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Kim Allen · RE/MAX One · MLS #24378759 · Source: CRMLS
About this property
2505 14th Street presents a unique investment opportunity in the highly desirable Sunset Park neighborhood of Santa Monica, just 1 mile from the beach. This triplex, built in 1940, is composed of 2 separate structures consisting of (3) 1 Bed + 1 Bath units, totaling approximately 1,807 square feet on a 6,429 square foot lot Zoned SMR2. With a current cap rate of 4.0% and a market cap rate of 6.0%, this property is an attractive opportunity for investors seeking a location-driven asset with strong upside potential.
Listing description from the May 2024 sale, as reported to CRMLS.
Sale history