947 7th Street,Santa Monica, CA 90403
Santa Monica, CA 90403
Description
A rare two-building, 7-unit apartment community ideally situated in one of Santa Monica's most coveted and supply-constrained residential enclaves. Built in 1955 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event the kind of long-term, pride-of-ownership asset that rarely surfaces in one of Southern California's most desirable and barrier-to-entry coastal markets. Situated on a 7,525 square foot lot, the property totals 6,313 square feet of gross building area across two structures, offering an average of 902 square feet per unit. The asset features a well-diversified unit mix of three (3) one bedroom, one bath units, two (2) two-bedroom, one bath units, and two (2) two-bedroom, two bath units
Details
| MLS # | 26834679 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1955 |
| Days On Site | 97 |
| Listing Provided By | CBRE | John Boyett |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 6,313 |
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 2 |
| Zoning | SMR2* |
| Acreage | 0.17 |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90403 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90403) | |
Price: $2,650,000 low | high Med: $3,197,500 sqft: 6,313 low | high Med: 5,324 $ / sqft: $420 low | high Med: $714 On site: 97 low | high Med: 172.5 | |
Market Activity 90403
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90403 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90403) | |
Price: $2,650,000 low | high Med: $3,197,500 sqft: 6,313 low | high Med: 5,324 $ / sqft: $420 low | high Med: $714 On site: 97 low | high Med: 172.5 | |
