Listed by Daniel Pickart, Industry Partners,

227 BEACH Street

Santa Monica, CA, 90405

$9,950,000

$1,581 per ft²
$9,950,000
$1,581 per ft²
Active
Active
 - For Sale
carpenters-square
6,292 ft²
property_type
Multi-family
calendar
Built 1924
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
MLS® ID:
22146845
Listed:
4/19/22
Updated:
8/10/22

Interior Features

Kitchen Appliances
Dishwasher, Electric Oven, Gas Cooktop, Disposal, Refrigerator, Dryer
Total Bedrooms
0
Total Bathrooms
0
Interior Features
Ceiling Fan(s), Open Floorplan, Recessed Lighting
Floor Description
Wood
Fireplace
None
Heating
Central

Exterior/Building Features

Lot Size
0.26 acres lot
Architectural Style
Spanish
Lot Details
Landscaped
Roof
Rolled/Hot Mop
Sewer
Sewer Tap Paid

Other Property Details

Area Name
C14 - Santa Monica
Garage
No
Parking
None
View
Y
County
Los Angeles
Pool
No
Pool Description
None
Total Stories
1
Zoning
SMOP2*

Property History

Date
Event
Price
Value
7/28/22
Price Change
$9,950,000
-5%
6/23/22
Price Change
$10,495,000
-11%
5/19/22
Price Change
$11,900,000
-8%

 

Listed by Daniel Pickart, Industry Partners,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/10/22. 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.

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Data last updated 7:32 AM UTC, 8/10/22

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