227 BEACH ST $10,495,000

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    227 BEACH ST SANTA MONICA, CA 90405

    • 13 Beds
    • 13 Baths
    • 6,292 sq. ft.
    • Multi-Family
    • MLS# 22-146845
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    Views: 41 Days On Site: 72

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    Property Details

    Very rarely does a multi-family asset of this quality, location, and finishing detail come to market. This is once in a generation opportunity to acquire a property reconstructed with all of the historical appreciation of the past details along with the luxury finishes that come with modern beachside living. 227 Beach Street offers the best of Ocean Park, a walkers paradise within steps to the best westside amenities that beach living has to offer. Only a block and a half from the sand. The property consist of thirteen (13) one bedroom one bathroom apartments with eleven (11) of them vacant. Each unit is well appointed with walnut flooring, Heath Ceramic tile in the kitchens and bathrooms, Bosch appliances including built in refrigerators, cooktops, and washer dryers. Nest thermostats control each units individual heating and air conditioning units, denim insulation used for best in class sound attenuation, custom built in cabinetry, Roman Clay troweled finished bathroom walls, built in closets, and pantry's. Every detail for luxury apartment living thought of! No expense spared in the rehabilitation of these historic landmarked bungalows at 227 Beach. Seller is in the process of applying for the Mills Act designation on the property with the city of Santa Monica, which if approved will reduce the amount of property tax

    • General Features
      • Amenities None
      • Association Pet Rules Call
      • County Los Angeles
    • Building Features
      • Bathroom Features Shower Stall, Tile, Remodeled, Low Flow Toilet(s)
      • Total # of Baths 13.00
      • Bedroom Features Master Bedroom
      • Total Bedrooms 13
      • Cooking Appliances Cooktop - Gas, Oven-Electric
      • Cooling Air Conditioning
      • Den 0
      • Dining Room 0
      • Family Room 0
      • Fireplace Rooms None
      • Flooring Wood, Ceramic Tile
      • Heating Central
      • Interior Features Plaster Walls, Drywall Walls, Open Floor Plan, Recessed Lighting, Built-Ins, Turnkey, Laundry - Closet Stacked
      • Kitchen Features Remodeled, Open to Family Room, Gourmet Kitchen, Quartz Counters
      • Laundry In Unit
      • Levels Ground Level
      • Living Area 6292
      • Roof Flat, Rolled/Hot Mop
      • Stories 1
    • Property Features
      • Exterior Construction Stucco
      • Foundation Details Raised
      • Lot Description Sidewalks, Landscaped, Fenced
      • Other Structures None
      • Patio Features Patio Open, Deck(s)
      • Pool Description None
      • Pool Y/N No
      • Sewer In Connected and Paid
      • Spa None
      • Tennis Court None
      • View Description Courtyard

    Contact

    Carla Hoffman

    Carla Hoffman

    Global Real Estate Advisor

    DRE# 01993942

    916 Manhattan Ave

    Mobile Phone: 310-386-0697

    Neighborhood

    90405 (SANTA MONICA) Demographics

    41 Median Age
    9,748 Population Density (per sq. mile)
    75% College Educated
    $96,352 Estimated Median Income
    4,586 Estimated Total Home Owners
    9,488 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,509 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,550,219 Median Sales Price
    33 Homes Sold
    53 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $10,495,000
        6/23/2022 2:26:59 PM Price Reduced Source: Multiple Listing Service New Value: $10,495,000 -11.81%
        5/19/2022 11:57:11 AM Price Reduced Source: Multiple Listing Service New Value: $11,900,000 -8.43%
        4/20/2022 11:52:00 AM New in Database Source: Multiple Listing Service New Value: $12,995,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.