6 Units Value Add Investment Opportunity Located between Santa Monica and Wilshire Blvd Over 90% Upside in Rental Income Contact Eric von Bluecher @ 310-900-9505 or evonbluecher@concord-re.com SANTA MONICA 6 UNIT INVESTMENT OPPORTUNITY Value add investment ideally located in a premium rental neighborhood between Santa Monica Blvd. and Wilshire Blvd. Walk Score ® for this location: 89 “Very Walkable”, 82 ”Very Bikeable” and 66...
1031 Exchanges are possible in this market Eric von Bluecher originally presented the opportunity at 1537 15th Street to his client as an off market acquisition utilizing his relationships with apartment building owners in Santa Monica. Although the property ended up going to market, Eric’s ability to forge relationships with the listing agents in addition to his excellent strategic advice, allowed his...
Santa Monica 2017 General Adjustment (GA) is 2% with a $40 Cap - Santa Monica Rent Control Increase The 2017 general adjustment for controlled units is 2%, with a maximum increase of $40. The maximum increase of $40 applies to all maximum allowable rents (MARs) of $1,975 or higher. In late June, the Rent Control office will mail information to all tenants...