Listed by Daniel Pickart with Industry Partners

227 BEACH Street

Santa Monica, CA, 90405

$9,300,000

$1,478 per ft²
$9,300,000
$1,478 per ft²
Sold
Sold
beds
13 Beds
baths
13 Baths
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:
3/30/23

Interior Features

Kitchen Appliances
Dishwasher, Electric Oven, Gas Cooktop, Disposal, Refrigerator, Dryer
Total Bedrooms
13
Total Bathrooms
13
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
Exterior Features
Deck, Open, Patio
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*
Buyer Agency Compensation
2.000

Property History

Date
Event
Price
Value
5/19/22
Price Change
$11,900,000
-8%
6/23/22
Price Change
$10,495,000
-11%
7/28/22
Price Change
$9,950,000
-5%
8/12/22
Active Under Contract
-
-
9/7/22
Pending
-
-
9/9/22
Price Change
$9,300,000
-6%
9/9/22
Sold
-
-

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/30/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/30/23 at 8:36 AM UTC

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