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1402 Arizona Ave
Santa Monica, CA 90404

Residential Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 10,292 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1973
Parking Ratio 1.6/1,000 SF

Unit Amenities

  • Dishwasher
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities
  • Gated

About 1402 Arizona Ave , Santa Monica, CA 90404

The Arizona Apartments boast a charming 10 unit, prominent corner property built in 1973. With an attractive unit mix consisting of mostly 2 bedrooms + 2 bath units, the property provides its residents a platinum Santa Monica location, as well as spacious residences in a beautiful setting. There is a value-added proposition with the Arizona Apartments, whereas savvy investors could enhance/remodel apartments as they turn over, and thus, attract higher-paying tenants. Santa Monica is known for its superior climate, great night life, cultural diversity, its walkability, and its beaches. There is also close walking distance to public transportation – providing residents automobile-free access to Greater Los Angeles major employment hubs, as well as universities. Santa Monica is one of the most desirable cities to reside in in all of Southern California, and the strong rental demand illustrates this.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 2 - 746
2+2 7 - 1,000
3+2 1 - 1,800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4282-016-023
Land Assessment
£3,535,437
Improvements Assessment
£847,179
Total Assessment
£4,382,616

zoning

Zoning Code R3
R3
  • Listing ID: 9529775

  • Date on Market: 11/10/2017

  • Last Updated:

  • Address: 1402 Arizona Ave, Santa Monica, CA 90404

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