$3,095,000
1930 Arizona Avenue
Details
APN 4276-028-001
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,003
Net Rentable (SqFt) 6,003
Pads 3
Cap Rate 5.21%
NOI $159,445
Occupancy 100%
Pro-Forma Cap Rate 5.93%
Pro-Forma NOI $181,934
Broker Co-Op Yes
Year Built 1939, 1946, 1948
Year Renovated 1997, 2025
Buildings 3
Stories 2
Lot Size (SqFt) 7,497
Zoning Santa Monica Healthcare Mixed-Use
Parking Spaces 5 spaces
Parking Per SqFt 0.83
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner
Multifamily | 9 Units | $394,444/unit
Marketing description
9 Unit Apartment Building for sale by owner in the heart of Santa Monica! Positioned on a desirable corner lot with “Healthcare Mixed-Use” zoning. An excellent mix of unit formats, recent renovations, zero vacancies, and desirable location make this property an excellent investment—providing both strong cash-flow and medical development potential.
Investment highlights
Santa Monica Healthcare Mixed-Use zoning
Offered at strong CAP and low GRM
Fully rented, zero vacancies
Centrally located near retail, medical, schools, and entertainment corridors
Recent renovations to multiple units, below market rent with NOI growth potential
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$159,445.00
$13,287.08/mo
Valuation Metrics
0
DSCR
5.15%
Cap Rate
5.15%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
