This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
522 Idaho Ave, Santa Monica, CA 90403
$2,375,000
522 Idaho Ave, Santa Monica, CA 90403View this property at 522 Idaho Ave, Santa Monica, CA 90403
522 Idaho AveSanta MonicaCA90403
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
522-532 Idaho Ave, a six-unit investment opportunity in the coastal city of Santa Monica.. Located in the highly desirable, Wilshire/Montana neighborhood, the subject property is just one block south of Montana Avenue & only five blocks from Ocean Avenue. The majority of the units are leased at below market rents, providing an investor the opportunity to capture 35% rental upside as units turn. 522-532 Idaho Ave is situated on the corner of a quiet, tree-lined street. The property is separately metered for electric and will be delivered with one vacancy.Santa Monica is one of the most sought-after rental markets in all of Los Angeles. Located just below Brentwood, this booming area is home to young professionals and families alike. Companies such as Activision Blizzard, Universal Music Group, Snap, and Lionsgate attract top talent to this neighborhood.. Third Street Promenade provides residents with great dining and shopping experiences, while the beach and Santa Monica Pier allow residents to enjoy stunning views.
Full Property Details
Full Property Details for 522 Idaho Ave
General
- Sold For: $2,375,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-269600
- Added to Site: 410 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Santa Monica
- County: Los Angeles
- Driving Directions: Corner of 6th St & Idaho Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 3,360
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1922
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 6
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1717
- Lot Size: 7480
- Lot Size Source: Owner
- Zoning: SMR2*
Financial Considerations
- Price Per Sq. Ft.: $729.17
- Assessment Year: 1922
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4292-010-001
Listed and Sold by Marcus & Millichap, Neema Ahadian
Get Pre-Approved Today
Schools
Schools serving 522 Idaho Ave
School District:Santa Monica-Malibu Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
801 Montana Ave, Santa Monica, CA 90403 | K-5 | 0.3 mi | |
1501 California Ave, Santa Monica, CA 90403 | 6-8 | 0.7 mi | |
601 Pico Blvd, Santa Monica, CA 90405 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 522 Idaho Ave
Date
Details
Price
Change
Source
12/01/2023
Sold
$2,375,000
-3.06%
MLS
4/27/2023
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
522 Idaho Ave, Santa Monica, CA 90403 (MLS# 23-269600) is a Multi-Family property that was sold at $2,375,000 on December 01, 2023. Want to learn more about 522 Idaho Ave? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.