Property listed by Exclusive Realty Inc, Thomas Swanson 424-248-0224
$2,395,000
Welcome to your modern oasis in Santa Monica, where you experience the true essence of indoor-outdoor living. It feels like four small houses on a private walk street behind a secure, coded gate. The design features clean, mid-century contemporary elements, including corner glass windows, polished concrete floors, post-and-beam accents, and… Read More built-in cabinetry. Each unit shares only one party wall and has windows on three sides, filling the spaces with natural light. Skylights further enhance the treehouse vibe. The units are surrounded by lush landscaping and walkways, with spacious private outdoor areas and in-unit washers and dryers. Notice the consistent, generous income for a great return on your investment. Unit B is currently vacant (and can be shown) and presents a great owner-user opportunity or can be filled by a family member or a new tenant. (The previous tenant was paying $3250 per month) Close to the best of the Westside: 13 blocks to the ocean, close to the myriad of shops and services on Pico Blvd. and Ocean Park Blvd., near Santa Monica College, local parks, community sports fields, Santa Monica Pool, Santa Monica's Main Street, 3rd Street Promenade, and just minutes to Venice's Rose and Abbott Kinney districts to the south or Wilshire Boulevard and Montana Avenue to the north. Five blocks to the Expo Line. (SB-79 opportunity?) It's also a short distance to wellness amenities, such as UCLA and Providence St. John's Medical Centers, as well as community arts venues like the Broad Stage and Bergamot Station. Interior photos were taken before 2025 as a sample, and the unit B vacant pictures and exterior pictures are current. It doesn't get any better than this! 'Towner Terrace. Santa Monica's Close in Subdivision Where Opportunity Knocks the Loudest, Where Your Future is Assured' Read Less
Listing Snapshot
Days Online
15
Last Updated
Beds
4
Square Ft.
2,460
Lot Size
0.17 Acres
Year Built
1947
MLS Number
25599657
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1947, Living area: 2460.0, 2 buildings, 1 storey, Levels: One
Heating
WallFurnace
Income
Gross Income: $155,724, Net Operating Income: $137,793
Lot
0.1728 acres
Parking
3 total parking spaces, Assigned, Driveway, Uncovered
Taxes
Parcel Number: 4283029004, 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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