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1421 Yale Street
USD 2,495,000
Property ID: 23337461
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1421 Yale Street ,90404
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icon 7790 SqFt
icon Built in 1971
icon USD 320/SqFt
icon 16 Beds
icon 14 Full
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Location Street View
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Interior Details
Bedrooms
16
Bathrooms
14
Interior Size
8934
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1971
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Detailed Introduction Of This Home
We are pleased to offer for sale an incredible multifamily asset located at 1421 Yale Street in the heart of LA's famed beach city of Santa Monica. Built in 1971, the building boasts an incredible unit mix consisting of all large 2 & 3-bedroom townhouse floor plans (except for one single-level unit). Each of these units is very spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has massive rental upside, as current rents hover around $1.18/SQFT. The unit mix includes (2) 3-bed, 2-1/2-bath townhouse units, (2) 3-bed, 2-bath townhouse units, (1) 2-bed, 1-1/2-bath townhouse unit, and (1) 2-bed, 2-bath standard unit. At only $280/SQFT, this is a fantastic trophy asset in an undeniably attractive location that offers investors a quintessential "value add" opportunity. A quick walk to high-end dining, nightlife venues, and public transportation, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (28)
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1421 Yale Street
USD 2,495,000 16 Beds
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