2501 Beverley Avenue, Santa Monica CA, 90405

Sold

2501 Beverley Avenue

Santa Monica CA, 90405

$12,800,000

$443.80 per sqft

Sold

28,842 sqft

Residential

Built in 1960

DRIVE BY ONLY PLEASE. This attractive 28-unit apartment complex is located in a fabulous Santa Monica neighborhood, walking distance from the beach with ocean views from some units!

Featuring 40%+ rental upside, the well-maintained property comprises a great unit mix of one- and two-bedrooms. It spans 28,842 square feet of rentable space, set on a 23,962 square foot lot. Built in 1960, Tiki Apartments also presents a tremendous reposition opportunity.

* Superb Santa Monica Location
* Excellent 40%+ Rental Upside
* Coveted Neighborhood
* Huge Reposition Opportunity

SR22147750

MLSⓇ ID

July 5, 2022

Listed

February 15, 2024

Updated

Map

2501 Beverley Avenue
Santa Monica CA, 90405

Interior Features

Total Stories: 3
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.55 Acres
Lot Features: Sloped Down, Landscaped
Sewer: Public Sewer

Other Property Details

Area Name: C14 - Santa Monica
Days on Market: 13
Garage: No
Parking: Assigned
Parking Total: 0
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: Community
Zoning: SMOP2*
Buyer Agency Compensation: 1%

Listed by Warren Berzack, Lee & Associates, CA DRE 01329015

Listing Contact: 818-986-9800

Based on information from the CRISNet MLS as of 2/15/2024, 4:17 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.