1502 Maple Street Santa Monica, CA 90405
1502 Maple is a 10-unit bungalow style apartment complex on a large 12, 557 sqft lot. The property features 8 (eight) one bedroom units and two bachelor units. The property has two detached garage structures with 4 separate garages. Four of the garages are rented as storage generating $1775/mo of additional income. Being sold at an in-place 5% cap rate and 14.6GRM! With over 50% upside in rents. About half of the property has been renovated, some units have in-unit washer/dryers. The property does have a shared laundry facility. 1502 Maple St is walking distance to some of the best retail in Santa Monica. Owner has the ability to add two large ADU units to the property through a garage conversion.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID Number24376315
- Home Size Source N/A
- Year Built1939
- Lot Size0.2884 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 1502 Maple Street Santa Monica, CA 90405
| a month ago | |
| a month ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Style Bungalow
- Parking DrivewayPrivate
- Parking Spaces 4
- Number of Stories 10
- Acreage 0.2884
- Zoning SMR2*
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Wall Furnace
- Appliances Refrigerator
- Laundry Features Community
Exterior Features
- View None
Community Features
- Senior Community No
- MLS Area C14 - Santa Monica