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153-157 W Channel Rd
Santa Monica, CA 90402

Price Upon Request

Apartments For Sale  •  5,628 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,628 SF
  • Lot Size 0.39 AC
  • Building Class C
  • Year Built 1928
  • Zoning LAC2
30 Transit Score
40 Walk Score

Highlights

Prime Investment/Development Opportunity, Includes One SFR, Two 4 Unit Buildings, and One Vacant Lot in Prime Santa Monica Canyon.
17,136 sq ft total lot size comprised of 4 separate parcels
Current zoning C-2Q would allow 30 Units. Renderings completed for 30 Units and 1 Retail Space with Ocean Views.
Total Income of $277,731/year for the 8 Units. 5 Units delivered vacant.
3 Bd 2 Ba House w/ some Ocean View, 1300 sq ft, vacant at close of escrow with projected rent of $90,000 yearly.
Vacant 4488 sq ft lot being used as a garden

Public Transportation

AirportDriveWalkDistance
Los Angeles International 20 min - 10.7 mi
Bob Hope 35 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes