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643 PACIFIC Street, Santa Monica, CA 90405

Property Details

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643 PACIFIC Street
Santa Monica, CA 90405

For Sale: $4,250,000

Property Type: Fourplex
MLS#: 19440396

  • Building Size: 4687 SF
  • Lot Size: 5876 SF
  • Number of Units: 4
  • Number of Stories: 2
  • Year Built: 1961
  • Days on market: 43
  • Net Operating Income: $190,000
  • Gross Scheduled Income: $252,000
  • Rent Control: No
  • GRM: 22.30
  • Contact Listing Agent Direct:
  • James Scott Suarez, Keller Williams Silicon Beach

Property Description

4.5 CAP IN SANTA MONICA!! Don't miss this amazing opportunity to purchase a VACANT building in the heart of Santa Monica!! This 4 unit building has been recently remodeled with hardwood floors, granite counter tops, new windows and updated systems. The two 2 bedroom units are back from the street and the two 4 bedroom (3 bedrooms and a den) units are on the top level with beautiful city views!! This listing provides endless opportunities. It was previously rented to a company who rented all 4 units and paid for all of the upkeep and all expenses for the building. There is a high demand from sober & co-listing facilities as well as other companies who need to rent multiple units in the same building or you could rent the units out individually for market value!! Located close to the Beach, Main St., SMC, Abbot Kinney & 3rd St. Promenade this the ULTIMATE LOCATION!! There are a few interested parties in the building from pre-market campaigns so schedule a showing to see this ASAP!!

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643 PACIFIC Street, Santa Monica, CA 90405

Based on information from California Regional Multiple Listing Service, Inc. as of March 15, 2019. 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: James Scott Suarez, Keller Williams Silicon Beach

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