logo
洛杉矶 icon
icon 洛杉矶 icon
img
icon icon
街景
icon icon
11 照片
icon
icon icon
511 Pier Avenue
USD 3,450,000
房产编号: 23311725
icon
511 Pier Avenue ,90405
icon --
icon 5981 SqFt
icon Built in 1973
icon USD 577/SqFt
icon 9 Beds
icon 0 Full
icon --
icon --
icon
icon
icon
位置 街景
icon
icon 方向
室内细节
卧室
9
浴室
0
室内面积
6999
建筑细节
物业类型 --
房屋状况 --
建筑风格 --
新建房产 --
建造年份 1973
See more icon
此房屋详细介绍
We are proud to present this 8-unit multifamily investment property located at 511 Pier Avenue in Santa Monica. The subject property resides just two blocks off world famous Main Street, the hub for shopping, entertainment, restaurants, and nightlife for beach city locals.Built in 1973, this 8-unit property sits on a 5,981 square foot lot and boasts an attractive unit mix of (1) Studio, (1) 2 Bed / 2 Bath two story townhouse unit, and (6) 1 Bed / 1 Bath two story townhouse units with beautiful views overlooking Santa Monica rooftops to the Pacic Ocean in one direction, and the Santa Monica Mountains in the other. The property also comes equipped with 12 parking spots for tenants and their guests, and coin laundry on-site. The City of Santa Monica has undergone a remarkable transformation in recent years, emerging as a thriving hub for technology companies and attracting a wave of young, skilled professionals seeking dynamic job opportunities. With its vibrant ecosystem of startups, established tech giants, and a supportive community, Santa Monica has become a magnet for innovation, driving economic growth and reshaping the city's landscape. One of the driving forces behind Santa Monica's tech boom is its strategic location within the broader tech-rich region of Silicon Beach. This proximity to renowned institutions like the University of California, Los Angeles (UCLA) and a host of venture capital rms has created an environment ripe for collaboration and investment. Tech companies of all sizes, from nimble startups to industry titans, have recognized the advantages of setting up shop in Santa Monica, leading to the establishment of a diverse and dynamic tech scene that will help sustain the city's continued growth. The subject property is situated with convenient access to essential amenities, public transportation, and desirable neighborhood features. The current gross rental income of $175,308 per year reects the existing rental rates, but to assess the future rent growth potential, a closer examination of various market factors is imperative.Supply & Demand Dynamics:Santa Monica's steady demand for rental properties is due to a growing population and an in ux of young professionals seeking housing in the area. Simultaneously, the supply of rental units has been relatively constrained, which has resulted in a competitive landscape for available apartments. This supply-demand imbalance creates a conducive environment for rent escalation. Economic Indicators:The broader economic indicators further support the potential for future rent growth. With the local economy exhibiting steady job growth and increased disposable income, residents are better positioned to absorb higher rental costs. In conclusion, 511 Pier Avenue presents an investor the unique opportunity to capitalize on the future growth of Santa Monica, and the unlimited upside potential of an apartment building investment located in one of the most coveted rental pockets in the world.
继续阅读 >>
联系开发/经纪人
Cissy Tang
电话: (+1)626 9868**** icon
请输入您的国籍
+87
不能为空
电子邮件地址无效 电子邮件地址未验证!
联系开发/经纪人
icon
Cissy Tang
(+1)626 9868**** icon
请输入您的国籍
+87
不能为空
电子邮件地址无效 电子邮件地址未验证!
Cissy Tang
(+1)626 9868**** icon
1 of 11
album
album
album
album
album
album
album
album
album
album
album
照片 (11)
icon
icon
banner
511 Pier Avenue
USD 3,450,000 9 Beds
icon 复制链接
icon WhatsApp
icon Facebook
icon Twitter
icon
欢迎访问 House.com
登录或注册以充分利用您的体验。这也将增加您与经纪人交流的机会。
请输入有效的电子邮件地址。
继续使用 Google
提交即表示我接受House.com的   使用条款
icon icon
验证您的电子邮件
你好 我们刚刚将验证码发送到您的电子邮件中。请检查并在此处输入验证码以继续登录。
验证码错误
没有收到电子邮件?请检查您的垃圾邮件文件夹