Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees.
Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?
137 days
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251
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12
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Zillow last checked:
Listing updated:
Listed by:
Lisa OliverasDRE #01141551lisa.ramsey@southbayspecialists.com,
Estate Properties,
Ramsey OliverasDRE #01200976310-378-5533,
Estate Properties
Source: CRMLS,MLS#: PV26043221Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Rooms
Room types: Kitchen, Living Room
Heating
Combination, Floor Furnace, Wall Furnace
Cooling
None
Appliances
Included: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
Laundry: Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen
Features
Flooring: Laminate, Vinyl
Windows: Blinds, Screens
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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