For Sale
(MLS-listed)
$999,000
2814 BROADWAY Santa Monica, CA 90404
| Beds: | 2 |
| Baths: | 3.75 |
| Sq. Ft.: | 1,806 |
| $/Sq. Ft.: | $553 |
| Lot Size: | 3,698 Sq. Ft. |
| Property Type: | Multi-Family |
| Year Built: | 1950 |
| Community: | Santa Monica |
| County: | Los Angeles |
| MLS#: | S09114696 |
| Source: | MRMLS |
| Status: | Active |
| On Redfin: | 34 days |
2814-2418 Broadway is a three-unit multi-family asset in Santa Monica, California. The property has a unit mix of two one-bedroom/one-bath units, and one studio unit, each with an individual garage. The total rentable square footage of the property is 1,806 and is well designed on a 3,698-square foot lot that includes a private back yard for the tenants to enjoy. Each unit has a front and rear entrance to allow access to the yard. There is also a common laundry room with owned machines. All units have been newly remodeled to the nines, including new flooring throughout (hardwoods in all living spaces and tile in the bathrooms), new kitchen work including countertops and appliances, and modern fixtures. The property is subject to rent control yet all rents are currently occupied at market rents with stable tenants.
Parking Information
- # of Garage Spaces: 3
- # of Other Spaces: 3
Unit 1 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $2,100
- Projected Monthly Rent (Total): $2,100
Lot Information
- Lot Size (Sq. Ft.): 3,698
- Lot Size Source: Public Records
Financial Information
- Capitalization Rate (%): 4.51
- Net Operating Income: $45,060
- Monthly Gross Income: $5,400
- Gross Scheduled Income: $64,800
- Gross Rent Multiplier: 15.43
Community Features
- Units in Complex (Total): 3
Unit 2 Information
- Number: 1
- # of Beds: 1
- # of Baths: 1
- Monthly Rent: $2,000
- Projected Monthly Rent (Total): $2,000
Location Information
- Cross Streets: Broadway & Harvard
- Legal Tract #: 14
- Legal Lot #: 1
Expense Information
- Total Annual: $17,796
- Operating: $17,796
Multi-Family Information
- # of Buildings: 1
- # of Electric Meters: 3
- # of Gas Meters: 3
- # of Water Meters: 1
Unit 3 Information
- Number: 1
- # of Baths: 1.75
- Monthly Rent: $1,300
- Projected Monthly Rent (Total): $1,825
Property Information
- Tax Parcel Number: 4267024002
- Legal Disclosures: Rent Control
Listing Information
- MLS: MRMLS
- Listing Terms: Standard Sale
- Listing Terms: Cash To New Loan
Listing last changed
November 23, 2009, 12:12 PM
Overhead View of 2814 BROADWAY, Santa Monica, CA 90404
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Property History for 2814 BROADWAY
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Nov 23, 2009 | Price Changed | $999,000 | -- | MRMLS #S09114696 |
| Oct 26, 2009 | Listed | $1,025,000 | -- | MRMLS #S09114696 |
| Jun 16, 2008 | Sold (Public Records) | $800,000 | -- | Public Records |
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 2814 BROADWAY
| Beds: | 3 |
| Baths: | 3.0 |
| Finished Sqft: | 1806 |
| Unfinished Sqft: | - |
| Total Sqft: | 1806 |
| Floors: | - |
| Lot Size: | 3,698 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1950 |
| Year Renovated: | 1950 |
| County: | Los Angeles County |
| APN: | 4267024002 |
| Last Updated: | November 19, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $650,000 |
| Additions | $150,000 |
| Total | $800,000 |
| Tax (2009) | $1,260 |
Home Value Estimates for 2814 BROADWAY
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Link to this page at
http://www.redfin.com/CA/Santa-Monica/2814-Broadway-90404/home/6763808
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