✕

Sign up to receive market news, information and property listings.

    Menu
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav
    Nav

    1401 Palisades Beach Road

    1401 Palisades Beach Road,Santa Monica, CA 90401

    1912

    Year Built

    $7,950,000

    Price

    Property Details

    Price Per Unit

    $
    Warning: number_format() expects parameter 1 to be float, string given in /home/customer/www/steppcommercial.com/public_html/wp-content/themes/stepp_theme/single-property.php on line 247

    Price per SF

    $

    Current Cap Rate

    Market Cap Rate

    Current GRM

    Market GRM

    1401 Palisades Beach Road

    1401 Palisades Beach Road,Santa Monica, CA 90401

    $7,950,000

    Price

    Property Details

    Price per SF

    $

    Price Per Unit

    $

    Price per SF

    $

    Current Cap Rate

    Market Cap Rate

    Year Built

    1912

    Current GRM

    Market GRM

    Description

    Stepp Commercial is proud to present 1401 Palisades Beach Road, located on the beach of Santa Monica. Offering investors a once-in-a-lifetime, opportunity to reposition a 11-unit building with an attractive unit mix. Only steps away from the world famous Santa Monica Pier.

    The property has 1920s charm with modern updates, hardwood flooring, lots of natural light and breathtaking ocean views. The large beach front patio has a fully functioning kitchen including Viking grill with stainless steel appliances. Plenty of space for al fresco dinning and relaxing.

    Only blocks from bustling Santa Monica Boulevard and the Pacific Ocean, this desirable location earns 1401 Palisades Beach Road a Walk Score of 91. Tenants can easily enjoy the amenities of the Third Street Promenade boutique shops, dining and nightlife. Only a 15 Minute walk to the new Santa Monica Expo, allowing access to area’s all over LA County.

    With it’s convenient Westside location Santa Monica is hub for world-class technology, e-commerce, media and entertainment companies such as Google, Facebook, Snapchat, Hulu, and Electronic Arts, among many others.

    Highlights

    • Unparalleled Location with 91 on Walkscore.com
    • Rare opportunity to own on the sand in Santa Monica
    • Steps from world famous Santa Monica Pier and Third Street Promenade
    • Controlled access property with security cameras
    • Ocean facing patio with jacuzzi, outdoor kitchen with Viking Grill and ample seating
    • 4 Bed/1 Bath–owner/user opportunity
    • All units delivered vacant at close of escrow

    Map

    Brokers

    Kimberly R. Stepp 310.774.3830 Email: [email protected]

    Share to Social

    Request More Info





      Terms of Use & Privacy Policy