2428 Kansas Avenue

Santa Monica, CA 90404

$2,895,000
Price
15
Beds
8
Baths
5,678 Sq. Ft.
$510 / Sq. Ft.
5,678
Sq. Ft.
$510
per Sq. Ft.

Description

We are pleased to present The Kansas Seven Residences. The subject property is located within close walking distance to many of Santa Monica's great shops & restaurants, corporate campuses, Bergamont Station, as well as other public transportation, providing residents automobile-free access to all of Greater Los Angeles. The subject property sits on a quiet, tree lined street, and offers an attractive unit mix featuring a fully renovated Three Bedroom, Two Bathroom unit with an enclosed yard. The...We are pleased to present The Kansas Seven Residences. The subject property is located within close walking distance to many of Santa Monica's great shops & restaurants, corporate campuses, Bergamont Station, as well as other public transportation, providing residents automobile-free access to all of Greater Los Angeles. The subject property sits on a quiet, tree lined street, and offers an attractive unit mix featuring a fully renovated Three Bedroom, Two Bathroom unit with an enclosed yard. The remaining six units are comprised of (6) Two Bedroom Two Bathroom Units, two of which are renovated very nicely. The subject property is individually metered for gas and electricity and has covered parking for each unit. The astute investor will quickly recognize that The Kansas Seven Residences provides its occupants well-appointed housing in a warm, secure setting, and a walk anywhere easily location. This is a unique opportunity to own a charming, desirable, Westside located Santa Monica asset. Santa Monica is known for its superior climate, great night life, cultural diversity, walk-ability and beaches.
  1. Listed by Glenn Brander • DRE #01020228 • Brokerage DRE #00893163 • Miller & Desatnik Realty Co.

Property Details for 2428 Kansas Avenue

Zoning
SMR2*
Parcel Number
4274007010
Total Units
7.0
Living Area
5678
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
3%
Lot Size Area
11800
LISTING UPDATED: 09/05/2024 12:01 AM

Property Details for 2428 Kansas Avenue

StatusActive
MLS #24-432961
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.27 AC / 11,800 SF
CountyLos Angeles County

Building Information for 2428 Kansas Avenue

Stories2Residences-Year Built1952Building Size-Lot Size0.27 AC / 11,800 SF

Property Information for 2428 Kansas Avenue

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $226,667
  • Net Operating Income: $146,443.00
  • Gross Income: $226,667
  • Cap Rate: 5.06%
  • Gross Rent Multiplier: $12.77
  • Total Annual Expense: 73508
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2709
  • Lot Size Square Feet: 11800
  • Lot Size Dimensions: 60x197
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 7
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Ceiling Fan, Wall Unit(s)
  • Heating Type: Other
  • Equipment: Dishwasher, Range/Oven, Ceiling Fan, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Interior Features: Ceiling Fan(s)
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-28-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $768.00
  • Unit Actual Rent: $768.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,113.00
  • Unit Actual Rent: $2,113.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,680.00
  • Unit Actual Rent: $3,680.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,428.00
  • Unit Actual Rent: $3,428.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,245.00
  • Unit Actual Rent: $3,245.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $912.00
  • Unit Actual Rent: $912.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,510.00
  • Unit Actual Rent: $4,510.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112

Property History for 2428 Kansas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2428 Kansas Avenue

Taxable ValueLand$1,624,818Additions$769,584Total$2,394,402
Tax Record2024$29,736 ($2,478 / month)
Home Facts
Total Finished SqFt5,678 SqFtAbove Grade Finished SqFt5,678 SqFtLot Size11,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1952ZoningSMR2*CountyLOS ANGELESAPN4274-007-010

Schools near 2428 Kansas Avenue

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Edison Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Juan Cabrillo Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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2428 Kansas Avenue is a multi-family home for sale in Santa Monica, CA 90404. This property was listed for sale on August 28, 2024 by Miller & Desatnik Realty Co., it's currently listed at $2,895,000. It has been on the market for a total of 74 days and was last sold on February 17, 2016. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Edison Elementary School, John Adams Middle School and Santa Monica High School. 2428 Kansas Avenue is a 15-bed, 8-bath, 5,678 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Miller & Desatnik Realty Co., Glenn Brander, DRE #01020228

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.