Property listed by Coldwell Banker Realty, Melissa Oliver 310-455-4111
$2,200,000
Charming Santa Monica four-plex with upgraded Interiors & strong Income. Rare opportunity to own a beautifully maintained California bungalow-style four-plex in a prime Santa Monica location just off Wilshire Blvd. All units feature private entrances, charming outdoor spaces, and updated interiors. Each unit offers character and privacy, with select upgrades… Read More including in-unit laundry, mounted smart TVs, updated appliances, and split AC systems. The property features turf landscaping, bamboo fencing, keypad entry, updated electrical, newer water heaters, and a new roof installed in 2023. Garage Parking: Detached 4-car garage. 1 garage space available for owner use; 3 garage spaces currently leased to Unit D, which is drywalled and finished off as a creative work/parking space. Permit street parking available. Current Rents:* Unit A: $1,900/month * Unit B: $3,500/month * Unit C: $700/month will be delivered vacant at close of escrow* Unit D: $3,500/month. Some units eligible for Santa Monica MAR rent increase. Unbeatable Santa Monica location just blocks from Erewhon, Whole Foods, top hospitals, parks, and major bus lines. Enjoy easy access to Montana Ave, the beach, and all the best dining, shopping, and amenities the Westside has to offer making this a highly desirable rental property or owner-user opportunity in a consistently strong market. Do not disturb tenants. Shown by appointment only with 48 hr notice. Read Less
Listing Snapshot
Days Online
4
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,924
Lot Size
0.12 Acres
Year Built
1937
MLS Number
25546069
30 Days Snapshot Of 90404
$1.05M
-21%
(avg) sold price
9
+50%
homes sold
81
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1937, Building area total: 1,924, Levels: One, Living area: 1924, 1 story, 2 buildings
Garage
4 spaces
Heating
Electric
Income
Gross income: $115,200, Net operating income: $74,860
Lot
0.1224 acres, 5,330 square feet, Size: 5,330
Parking
4 totals parking, DoorMulti, Garage
Pool
Fenced
Property
Zoning: SMR2*, Open, Patio
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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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