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16100 W SUNSET, Pacific Palisades, CA 90272

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16100 W SUNSET
Pacific Palisades, CA 90272

For Sale: $14,295,000

Property Type: Commercial Apartments
MLS#: 17259784

  • Building Size: 20522 SF
  • Lot Size: 17916 SF
  • Number of Units: 20
  • Number of Stories: 3
  • Year Built: 1995
  • Days on market: 425
  • Cap Rate: 2.60
  • Net Operating Income: $367,911
  • Gross Scheduled Income: $690,120
  • Rent Control: No
  • GRM: 20.70
  • Contact Listing Agent Direct:
  • Stephen Saltzman, Keller Williams-Santa Monica

Property Description

ALMOST $1 MILLION PRICE REDUCTION! This is only one of a total of five multi family properties in all of Pacific Palisades that is NON RENT CONTROL. Very, very rare Investment Opportunity in the Palisades. Only second time available for sale in over 20 years. According to CoStar, only one multi family property has sold in the past two years in this zip code. Very close to new Caruso development in the Village. Central Air and Heating, Washer and Dryer in each unit, Elevator, Subterranean Parking, Individual Storage for each unit, many units have Granite Kitchens and Bathroom Counter Tops, Upgraded Appliances and abundant closet space. Large balconies and Controlled Access Entry. Trash Chutes on each floor. Units separately metered for gas and electric. Please see Documents for full OM. Also, please see listing at 834 4th Street. 32 Units in Prime Santa Monica.

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16100 W SUNSET, Pacific Palisades, CA 90272

Based on information from California Regional Multiple Listing Service, Inc. as of February 15, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Stephen Saltzman, Keller Williams-Santa Monica

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