Fabulous pride of ownership triplex opportunity on a large lot in the heart of Santa Monica. Close to SM College and the beach, this triplex consists of a charming lower rear owner's unit with high ceilings and a large private backyard, upper 1 bedroom with ocean and mountain views, and a lower front one bedroom with high ceilings and a front yard. Owner's unit will be vacant at the close of escrow. An owner lives in lower front one bedroom and would like to stay at market rent ($2,000). Upper one bedroom is currently rented ($1,850) and will not be delivered vacant. 5 side x side parking spaces off the alley. If a triplex is owner-occupied, the property can be exempted from rent control where new market rents can be set. Please speak with SM Rent Control. This property sits at the top of the hill on 12th - a very special opportunity and location.
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