Sold

2501 Beverley AVE

SANTA MONICA CA, 90405

$12,800,000


$443.80 per sqft

Sold

3 Beds

3 Baths

28,842 sqft

Residential

Built in 1960

DRIVE BY ONLY PLEASE. This attractive 28-unit apartment complex is located in a fabulous Santa Monica neighborhood, walking distance from the beach with ocean views from some units! Featuring 40%+ rental upside, the well-maintained property comprises a great unit mix of one- and two-bedrooms. It spans 28,842 square feet of rentable space, set on a 23,962 square foot lot. Built in 1960, Tiki Apartments also presents a tremendous reposition opportunity. * Superb Santa Monica Location * Excellent 40%+ Rental Upside * Coveted Neighborhood * Huge Reposition Opportunity

SR22147750CN

MLS ID

July 5, 2022

Listed

May 9, 2024

Updated

Map

2501 Beverley AVE
SANTA MONICA CA, 90405

Interior Features

Bedrooms

3


Total Bathrooms

3


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.55 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Santa Monica


Days on Market

13


Garage

No


Parking

Assigned


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

SMOP2*

Listed by Warren Berzack with Lee & Associates
Listing Contact: 818-269-2979 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Margaux Glaser shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

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