$1,600,000
$1,600,000
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4 Beds
3 Baths
1,460 SqFt
SOLD DATE : 12/20/2022
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,460 sqft
Price per Sqft $1,095
MLS Listing ID 22195655
Sold Date 12/20/22
Bedrooms 4
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1925
Lot Size 7,505 Sqft
Property Description
Rare opportunity to invest or develop multi unit residential property in Santa Monica prime location. This 7505 sq foot lot encompasses 3 separate income producing vacant dwellings consisting of a main house, and 2 attached rear units with ample off street parking and garages, all to be delivered vacant. Huge yard resembles a small park. R2 zoning near Lincoln Blvd with quick access to the 10 Freeway makes this an incredible opportunity for both the rental investor or multi unit Development Company looking to build luxury condos or apartments. Currently the main house is (2 bd 1 bth) and 2 detached rear units (1 bdr 1 bth each) encompassing a total combined 1460 sq feet. Santa Monica property values continue to increase making this an exceptional opportunity. Amazing walking and transit scores (86 & 78) enhance this prime location with Metro Access just blocks away. Don't miss this opportunity to acquire an amazing location in Santa Monica's coveted neighborhood.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator
Exterior
Parking Features Concrete, Covered, Door-Single, Garage, Shared Driveway, Side By Side
Garage Spaces 1.0
Garage Description 1.0
Pool None
Utilities Available Overhead Utilities
View Y/N No
View None
Accessibility None
Porch Front Porch
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Faces West
Foundation Raised
Sewer Other
Architectural Style Bungalow
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 4283018019
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Outside Agent • Multi-Regional MLS
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