Skip To Content

1537 15Th St

Santa Monica, CA 90404
  • $7,650,000
  • STATUS: Active
  • ON SITE: 123 days
  • MLS #: 21-690458
UPDATED: 29 min ago
$7,650,000
  • 20
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,621
    SQFT
  • $887
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:

School Ratings & Info

Description

1537 15th Street is part of "The Queen's Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 1537 15th is a trophy property constructed in 1990 and comprised of 3-story, townhome-style units over a subterranean parking garage. Each unit has its own washer/dryer, gas fireplace, patio and balcony. Built in 1990, all the plumbing is copper and all units have central A/C and heat. Residents can walk to the Third Street Promenade and the Santa Monica Pier. The property is also attractive to international students as it is less than one mile to Santa Monica Community College(SMC). The property is occupied so please do not disturb the tenants.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T21:42:55.883. 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.
www.markwiseproperties.com/homes/114037721
Print Image

1537 15Th St Santa Monica, CA 90404

  • Price: $7,650,000
  • Status: Active
  • Updated: 29 min ago
  • MLS #: 21-690458
20
Beds
0
Baths
0
½ Baths
0.17
Acres
8,621
SQFT
$887
$/SQFT
1990
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
1537 15th Street is part of "The Queen's Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 1537 15th is a trophy property constructed in 1990 and comprised of 3-story, townhome-style units over a subterranean parking garage. Each unit has its own washer/dryer, gas fireplace, patio and balcony. Built in 1990, all the plumbing is copper and all units have central A/C and heat. Residents can walk to the Third Street Promenade and the Santa Monica Pier. The property is also attractive to international students as it is less than one mile to Santa Monica Community College(SMC). The property is occupied so please do not disturb the tenants.
Exterior Features

Lot Size Area 7497 Other Structures None Parking Garage Covered ParkingSubterranean Pool Description None Pool YN No Total Parking 16

Interior Features

Baths Total 16.00 Cooling Central Equipment None Heating Central

Property Features

Assessed Total Value 2732373 Gross Income 335076 Gross Operating Income 335076 Like Units1 5 Like Units2 1 Like Units3 1 Net Operating Income 189562.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 135462 Type Of Units 3+2.5 Townho Year Built Source Vendor Enhanced Zoning Smr2*

Listing provided courtesy of Chase Simonton DRE#01766871 of Re/Max One.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T21:42:55.883. 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.
 
Logo
Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270