Description
This exceptionally charming 5-unit residential property presents an incredible investment opportunity in a prime santa monica location. built in 1938 this updated property has immense charm and offers long-term growth potential. the property has been meticulously maintained. four of the five units have been remodeled and three feature in-unit laundry, original, refinished hardwood floors, split ac units, quartz countertops, and tiled showers. there is secured entry and a new roof. comprised of 5 units, this property offers both immediate rental income and long-term growth potential. there are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. the three front units on the ground level have individual enclosed garages. the two rear units each have uncovered parking. there is a community laundry room for the two rear units. centrally located near transportation, schools, shopping, parks, and the best santa monica has to offer. the current tenants are professionals and the units are well maintained. one 1 bedroom/1 bathroom unit will be available 2/1/2025. this is a fantastic opportunity for investors seeking a steady cash flow in a thriving market.
Property Type
Residential IncomeCounty
Los AngelesStyle
SpanishAD ID
48383298
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 5
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Refrigerator,Dryer,Washer
- Flooring: Wood
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1938
- Building Area Total: 3,219
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1553
- Lot Size Dimensions: 50x135
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6766
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Listing Information
Listing Price Information
- Original List Price: 2,250,000
- Listing Contract Date: 2025-01-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4273019010
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C14 - Santa Monica
- Postal Code Plus 4: 2748
- Directions: South of Pico, North of Ocean Park Blvd.
- Zoning: SMR2*
- Source Property Type: Residential Income
- Area: C14 - Santa Monica
Building and Construction
- Property Age: 87
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3219
- Levels or Stories: One,Two
- Building Total Stories: 1
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BuyOwner last updated this listing 01/22/2025 @ 23:57
- MLS: 25486165
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 3,219 sqft, 6,766 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Monica , in zip code 90405, this Los Angeles County Home are nearby neighborhoods.