Property listed by Lyon Stahl Investment Real Estate, Inc., David Messiah 310-425-9838
$3,175,000
FULLY VACANT HOUSE + 3 UNITS A unique opportunity to own a fully vacant 4plex in the heart of Santa Monica. Whether you're an owner-user looking to live in one unit and rent the others, or an investor ready to set market rents from day one, this property… Read More offers the kind of flexibility that's nearly impossible to find especially in Santa Monica. Located just off Wilshire Blvd, you're minutes from everything: Douglas Park, Whole Foods, Trader Joe's, UCLA Medical Center, The Water Garden and Colorado Center Park. With an unbeatable Walk Score, this is the type of neighborhood people stay in for years.The front home is a spacious and fully remodeled 3-bedroom, 2-bath house with a den, modern fixtures, a private front deck, and 10-foot privacy shrubs that require virtually no upkeep. Behind it are three remodeled 1-bedroom, 1-bath units, perfect for extended family, guests, or strong rental income. All units will be delivered fully furnished. Additionally, there are three garages in the back that presents strong ADU potential. The property also features a new energy-efficient roof with reflective material, keeping things cool and efficient. With no tenants, this property gives you a rare advantage in Santa Monica full control from day one. Live in the front, lease the back, build out an ADU, or simply hold a strong asset in a coastal market. Read Less
Listing Snapshot
Days Online
88
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,038
Lot Size
0.12 Acres
Year Built
1958
MLS Number
25499523
30 Days Snapshot Of 90404
$1.29M
-8%
(avg) sold price
8
+100%
homes sold
70
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1958, Building area total: 3,038, Levels: MultiSplit, Living area: 3038, 2 buildings
Heating
WallFurnace
Income
Gross income: $222,600, Net operating income: $169,097
Interior Features
CeilingFans
Lot
0.1217 acres, 5,303 square feet, Size: 5,303
Parking
4 totals parking
Property
Zoning: SMR2*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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