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Santa Monica,CA 90404
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,631 sqft
Price per Sqft $485
MLS Listing ID 25532129
Bedrooms 8
Year Built 1947
Lot Size 7,257 Sqft
Property Description
Incredible Investment Opportunity in Prime Santa Monica! Just 1.7 miles from the beach and ideally located near Santa Monica College, Whole Foods, and Virginia Avenue Park, this unique property features a front single-family residence plus a rear two-story triplex--four units total. Each unit is approximately 1,100 sq ft and offers generous living space. City-stamped plans are included to renovate the front home, add baths to other units and add an ADU, allowing for a total of five income-producing units. Three of the four existing units will be delivered vacant at close, offering exceptional flexibility for investors or owner-users. This is a rare chance to own a versatile property with significant upside potential in one of L.A.'s most sought-after neighborhoods. ***Photos have been virtually staged. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer and agent are advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer is to rely solely on his/her/their own findings.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplaces Type Bath,Dining Room,Electric,Gas,Kitchen,Living Room
Exterior
Parking Features Attached Carport,Assigned,Covered,Uncovered
View Y/N Yes
Building
Story 2
New Construction No
Schools
School District Santa Monica-Malibu Unified
Others
Special Listing Condition Standard