W Santa Monica Boulevard

W Santa Monica Boulevard Los Angeles, California 90025 United States

12118, 12120, 12122, 12124 SANTA MONICA BLVD. 4 STORES. ALL RENTED, NOW OPEN FOR BUSINESS, ALL PAYING RENT. MONTH TO MONTH TENANTS, BUT WILL SIGN LEASES IF BUYER PREFERS. RENT TOTAL IS $8500.00 PER MONTH. HAIR SALON PAYS $2500.00, OTHERS PAY $2000.00 EACH 3210 SQUARE FEET, EACH UNIT IS ABOUT SAME SIZE. EACH UNIT HAS FRONT AND BACK DOOR, BATHROOM AND READ OFFICE SPACE. STEEL POST AND STUCCO CONSTRUCTION. CEILINGS CAN BE RAISED. ROOF IS ABOUT 12 YEARS OLD. ABOUT 60 FEET OF FRONTAGE ON SANTA MONICA BLVD, JUST WEST OF BUNDY. NO PARKING BUT THAT IS NOT A PROBLEM FOR CURRENT TENANTS. IF BUYER NEEDS PARKING IT IS POSSIBLE TO LEASE SPACES IN THE AREA. ON BUS LINE, EASY ACCESS TO THE 405 ON THE EAST AND TH 10 ON THE SOUTH. GREAT COMMERCIAL AREA. CLOSE TO STARBUCKS, IHOP, AND DARYA. BUILDING IS 32 FEET HIGH PROVIDING AMPLE SIGNAGE SPACE. SEPARATE ELECTRIC METERS FOR EACH TENANT. TENANTS PROVIDE OWN COOLING AND HEATING. OWNER ONLY PAYS WATER, ABOUT $600.00 A YEAR. VERY LOW MAINTENANCE. CLOSE TO SANTA MONICA, WESTWOOD, BRENTWOOD, BEL AIR, BEVERLY HILLS.SELLER IS DOING A 1031 EXCHANGE AND UP LEG IS IN ESCROW.

Listing Courtesy of Marian Keith, Savannah MLS