2240 Delaware Ave. Santa Monica, CA. 90404

Feb 10

$1,850,000 Sales Price

4
Units

3,046
Sq Ft

The Rockwell Group is pleased to present the opportunity to acquire 2240 Delaware Avenue, a 4-unit multifamily investment opportunity located in the highly desirable city of Santa Monica.

The property features 3,046 square feet of rentable area and is situated on a 5,017-square foot lot. The 4-unit building is composed of Three, one-bedroom/one-bathroom units and One, two-bedroom/one-bathroom units. The building is well-maintained with newly remodeled units and offers on-site parking and laundry facilities for tenants.

The property is situated in one of the trendiest locations in Los Angeles, sitting just west of Cloverfield Boulevard, sandwiched between Virginia Avenue to the south and I-10 to the north. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property, while being a short commute to major employment centers such as Brentwood, Beverly Hills, West Hollywood, Venice Beach, and Culver City.

Due to the property’s premier location and rental upside, 2240 Delaware Avenue offers a unique opportunity to any investor looking to acquire a well-maintained, “Move-In Ready” asset in one of the trendiest submarkets of Los Angeles.