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1427 15TH ST, Santa Monica, CA 90404 Multi Family For Rent MLS# 23-310071 | 1427 15th St North Hol1

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1427 15TH ST, Santa Monica, CA 90404 Multi Family For Rent MLS# 23-310071

BR/BA:
10+ BR, 10+ BA
Location:
1427 15TH ST, North Hollywood, CA
Description:

We are pleased to present 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $757 for 1 bedroom units and $898 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are NOT deed-restricted and can be leased out at MARKET rents. Both of the market rate units have been taken down to the studs and will be delivered vacant creating the perfect opportunity for a new owner to customize to their own specifications. The top floor 3 bed 2 bath "owner's unit" which offers incredible amazing city views from the balcony is PERFECT FOR AN OWNER/USER. The property includes a total of 11 parking spaces consisting of a tandem space, two 2-car garages, and seven single spaces. There is potential to convert the two-car garages into market-rate ADUs (Buyer to verify with the city). In total there are six vacant units (3 rent ready and 3 gutted units). Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's robust rental market. Get the best price at ListedBuy!
Property Type:
Homes for Rent
Sq feet:
8,623 sq. ft.
Amenities:
Parking, Patio/Deck
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More About this Listing: 1427 15TH ST, Santa Monica, CA 90404 Multi Family For Rent MLS# 23-310071
1427 15TH ST, Santa Monica, CA 90404 Multi Family For Rent MLS# 23-310071 is a 10+ BR 10 Bathroom, 10+ BA, 13 Bathroom Homes for Rent at 1427 15th St in North Hollywood CA. Find other listings like 1427 15TH ST, Santa Monica, CA 90404 Multi Family For Rent MLS# 23-310071 and listings near 1427 15th St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 13 Bathroom Homes for Rent in North Hollywood CA.