1401 Palisades Beach Road
1401 Palisades Beach Road
$6,250,000
9
11
4,780
4,780
$1,308
Sold 3/3/22
Description
1401 Palisades Beach Rd is located on the sand of Santa Monica Beach. Offering investors a once-in-a-lifetime opportunity to reposition a 11-unit building with an attractive unit mix. Steps from world famous Santa Monica Pier, 3rd Street Promenade and Montana Avenue. The property has 1920s charm with modern updates, hardwood flooring, lots of natural light and breathtaking ocean views. The large beach front patio has a fully functioning kitchen including Viking grill and stainless steel appliances....1401 Palisades Beach Rd is located on the sand of Santa Monica Beach. Offering investors a once-in-a-lifetime opportunity to reposition a 11-unit building with an attractive unit mix. Steps from world famous Santa Monica Pier, 3rd Street Promenade and Montana Avenue. The property has 1920s charm with modern updates, hardwood flooring, lots of natural light and breathtaking ocean views. The large beach front patio has a fully functioning kitchen including Viking grill and stainless steel appliances. Only blocks from bustling Santa Monica Blvd and the Pacific Ocean, this desirable location earns a Walk Score of 91. Tenants can enjoy the amenities of Third Street Promenade boutique shops, dining and nightlife. 15 minute walk to the new Santa Monica Expo, allowing access to areas all over LA County. With it's convenient Westside location Santa Monica is hub for world-class tech, e-commerce, media & entertainment companies. Delivered vacant with 22 parking spaces.
- Listed by Kimberly Roberts Stepp • DRE #01251767 • Brokerage DRE #01251767 • Stepp Commercial
Property Details for 1401 Palisades Beach Road
Zoning
SMR2B*
Parcel Number4291031008
Total Units11.0
Living Area4780
Source Living AreaOwner
AreaSanta Monica (C14)
Vacancy Rate100%
Lot Size Area4763
Location
LISTING UPDATED: 03/03/2022 09:51 AM
Property Details for 1401 Palisades Beach Road
Status | Sold |
---|---|
MLS # | 21-685982 |
Days on Market | 218 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1912 |
Lot Size | 0.11 AC / 4,763 SF |
County | Los Angeles County |
Location
Building Information for 1401 Palisades Beach Road
Stories2Residences-Year Built1912Building Size-Lot Size0.11 AC / 4,763 SF
Payment Calculator
$40,357 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1401 Palisades Beach Road
Property History for 1401 Palisades Beach Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1401 Palisades Beach Road
Taxable ValueLand$4,462,500Additions$1,915,017Total$6,377,517
Tax Record2023$74,970 ($6,248 / month)
Home Facts
Total Finished SqFt4,780 SqFtAbove Grade Finished SqFt4,780 SqFtLot Size4,673 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningSMR2B*CountyLOS ANGELESAPN4291-031-008
Schools near 1401 Palisades Beach Road
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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