$2,905,000
$2,995,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
9 Baths
4,722 SqFt
SOLD DATE : 05/30/2024
Key Details
Sold Price $2,905,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,722 sqft
Price per Sqft $615
MLS Listing ID 24370481
Sold Date 05/30/24
Bedrooms 10
HOA Y/N No
Year Built 1940
Lot Size 7,492 Sqft
Property Description
Rare opportunity for an investor or owner/user to acquire a 2018/2019 construction modern-luxury 5 bed/4 bath home and 5 additional (1+1) multifamily units situated on a 7,493 SF lot in prime Santa Monica. The home features beautiful finishes throughout, including an expansive chef's kitchen equipped with Viking appliances, a large center island, Carrera countertops, and custom cabinetry. Additional features include hardwood flooring, a stackable washer and dryer, and central A/C and heat with separate controls for the first and second floor. The bathrooms feature custom cabinetry, Carrera marble, modern fixtures, and mosaic tile finishes. The property is equipped with a camera system, intercom and app-controlled garage door access. The home is currently occupied by a tenant. Also, the oversized lot features (5) 1+1 income producing rental units with significant rental upside. 1 of the 5 units has been renovated with high-end finishes and the building features new exterior paint, a new roof and new landscaping. Investors have the opportunity to implement additional renovations and eventually capture market rents.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Dryer, Washer
Exterior
Parking Features Assigned, Door-Single, Garage
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4275011022
Special Listing Condition Standard
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Bought with Janet Neman • 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! "