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.
MLS# | 25532129 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1947 |
Days On Site | 10 |
Listing Provided By | KHORR Realty 424-512-2883 | Jonathan Soldwisch |
Bed(s) | 8 |
---|---|
Bath(s) | 4 |
SQ Feet | 4,631 |
Car Port | Yes |
Story(s) | 2 |
Units | 4 |
Building(s) | 2 |
Zoning | SMR2* |
Acreage | 0.17 |
Property View | Yes |
State | CA |
---|---|
County | Los Angeles |
City | Santa Monica |
Zip Code | 90404 |
Area | C14 Santa Monica |
School District | Santa Monica-Malibu Unified |
Listing VS Median (in 90404) | |
Price: $2,250,000 low | high Med: $799,000 SqFt: 4,631 low | high Med: 936 $ / SqFt: $486 low | high Med: $854 On site: 10 low | high Med: 82.000000 |