SANTA MONICA owner financing home - a multi family property (9 beds, 9 baths)

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $4,738,386
101 - 103 strand street is a prime ocean front santa monica beach location! a rare opportunity for an owner user to live at the beach with cean views and have rental income. seller financing up to 80% for 2 years for qualified buyer. there are no comparable multifamily buildings this close to the beach with ocean views that have sold and few comparable rentals. condo sales in the area that are even close to this location have a comparable average of $1300 per sq ft plus homeowners dues averaging $1475. owner's unit: upstairs 2 bedrooms u0026 2 baths. ocean front views from both bedrooms u0026 front patio. real hardwood floors throughout. tiled flooring and granite counter tops in kitchen and bathrooms. dual paned windows. stack washer/dryer u0026 lots of closet space. copper plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. this rare 7 unit apartment building directly across from the beach on ocean avenue boasts stunning ocean views, sunsets and sits just above the sandy shores of santa monica beach. live the experience of beachfront living. get right onto t...

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

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