1546 W 12th Avenue Vancouver, British Columbia V6J 2E1

8,113 ft2

$5,000,000

Opportunity to acquire a 100% freehold interest in Santa Monica Apartments, located in Vancouver's desirable South Granville neighbourhood. The property consists of a 7,813 SF site and is improved with a well-maintained 13-unit, two-story apartment building circa 1927. The property offers investors stable cash flow with significant revenue upside as tenancies turnover. The current land use designation under the Broadway Plan allows for a maximum 20-storey secured rental building up to 6.5 FSR with a minimum of 99 feet of frontage, offering attractive redevelopment potential. (id:46156)

Property Details

MLS® Number C8066769
Property Type Multi-family
Features Lane
Road Type Paved Road

Building

Amenities Street Lighting
Constructed Date 1927
Fire Protection Alarm System
Size Interior 8,113 Ft2

Land

Acreage No
Size Irregular 7812
Size Total 7812 Sqft
Size Total Text 7812 Sqft
Zoning Description Rm-3

Utilities

Electricity Available
Water At Lot Line
Natural Gas Available
Sewer Available

https://www.realtor.ca/real-estate/27927820/1546-w-12th-avenue-vancouver