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$2,950,000
Est. payment /mo
7,148 SqFt
UPDATED:
02/20/2025 02:26 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,148 sqft
Price per Sqft $412
MLS Listing ID CL25496625
HOA Y/N No
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Other
Property Description
Located in one of Santa Monica's most coveted neighborhoods, this exceptional multi-unit property presents a rare opportunity for both investors and owner-users. Available for the first time in decades, the property spans a desirable double lot over 13,500 sq ft and features four structures with a well-balanced unit mix designed for strong rental demand. Brimming with vintage charm, the property showcases original architectural details, abundant natural light, and spacious interiors. The unit mix consists of (2) two-bedroom, one-bath units and (7) one-bedroom, one-bath units, with select residences offering washer/dryer hookups and hardwood floors. The owner's unit, a two-bedroom, one-bath plus a den, will be delivered vacant, presenting an excellent opportunity for immediate occupancy or high-value leasing. Additional property highlights include multiple on-site parking spaces and potential for ADU development (buyer to verify). The soft-story retrofit was successfully completed in Q4 2020, ensuring compliance and structural integrity. Situated within walking distance of top-rated schools, premier shopping, dining, and transit options, this asset benefits from a consistently strong rental market and the long-term appreciation of a premier coastal location. A rare offering in an
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID UNAVAILABLE
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Listed by Benjamin Shapiro • Nourmand & Associates-BH
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