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$ 1,800,000
Est. payment | /mo
3,454 SqFt
$ 1,800,000
Est. payment | /mo
3,454 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,454 sqft
Price per Sqft $521
MLS Listing ID 25581277
HOA Y/N No
Year Built 1949
Property Description
This is a value add investment opportunity in a great location. The property features a mix of studios and a 2-bedroom unit with abundant outdoor space and on-site parking. As an investment, the property offers investors an incredible value add opportunity. With approximately 20% upside in rents, an investor can implement a strategic interior and exterior renovation with the goal of increasing rents and taking advantage of the strength of the Santa Monica market. A detached garage provides excellent potential to create an ADU. The property also features coin operated laundry on-sire.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Door-Multi, Garage, Uncovered
Total Parking Spaces 6
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4273020021
Special Listing Condition Standard
Listed by Bryan Glenn Kidder Mathews of California, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4040 Barranca Pkwy # 150, Irvine, California, 92604, USA