35 Arcadia Terrace - Nine Unit Apartment Building

35 Arcadia Terrace is a nine-unit apartment property near the beach, Santa Monica Pier and Ocean Avenue. The source brochure reports approximately 3,810 SF of building area on approximately 3,332 SF of land, built in 1912, with eight one-bedroom/one-bath apartments and one studio. Asking price: $4,500,000.

The remodeled units feature kitchens, bathrooms, split-system HVAC and in-unit washers and dryers. The property is accessed through a gated pedestrian courtyard. There is no on-site parking. Current occupancy, delivery of vacant units and any short-term rental use require confirmation; brochure financial projections and historical tenancy are not represented as current operating results.

Listed by David Aschkenasy of Commercial Asset Group.