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$ 29,950,000

Est. payment -/mo

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Active

1015 3rd ST Santa Monica, CA 90403

54 Beds

54 Baths

38,781 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 38,781 sqft

Price per Sqft $772

MLS Listing ID 25605467

Bedrooms 54

HOA Y/N No

Year Built 1954

Lot Size 0.775 Acres

Property Description

We are proud to present a generational opportunity to acquire two premier, extensively renovated apartment buildings in the coveted North of Wilshire neighborhood of Santa Monica: 1015 3rd Street and 1133 10th Street. Together, these assets total 46 units and offer investors the ability to establish a commanding rental presence in one of the most supply-constrained and high-barrier-to-entry markets in the country. 1015 3rd Street (25 units) and 1133 10th Street (21 units) have both undergone transformative renovations with no expense spared. Across both properties, the majority of units feature brand-new plumbing and electrical systems, split system air conditioning, fireplaces, in-unit washer/dryers, enhanced sound proofing on walls, floors, and ceilings, stainless steel appliances, new cabinetry, vanities, closets, and upgraded finishes throughout. The result is a portfolio of luxury residences designed to satisfy Santa Monica's most discerning tenant base. Situated just blocks from the Pacific Ocean, Montana Avenue's boutiques and cafes, and Santa Monica's renowned fine dining, shopping, and entertainment, the properties blend timeless courtyard-style architecture with state-of-the-art interiors, making them irreplaceable assets in one of Los Angeles' most sought after coastal enclaves.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor

Laundry Stacked

Exterior

Parking Features Assigned, Gated

Total Parking Spaces 45

Building

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 4292019014

Special Listing Condition Standard

Listed by Jonathan Taksa Remax Commercial and Investment Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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