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$ 1,895,000
Est. payment | /mo
5 Beds
4 Baths
1,940 SqFt
$ 1,895,000
Est. payment | /mo
5 Beds
4 Baths
1,940 SqFt
Key Details
Property Type Multi-Family
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,940 sqft
Price per Sqft $976
MLS Listing ID SB25119943
Bedrooms 5
Full Baths 4
Year Built 1957
Property Sub-Type All Other Attached
Property Description
**Seller is offering a rate buydown to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,500! This property and rate will not last!** The building offers 1,940 sq. ft. of living space across two spacious remodeled units: a fully vacant 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Both units feature remodeled kitchens and bathrooms, stainless steel appliances, central AC, recessed lighting, in-unit and onsite laundry, and updated dual-pane windows. Recent improvements include copper plumbing, new water heaters, updated electrical, and drain line upgrades, making this a low-maintenance, move-in-ready property. Furthermore, a buyer can build 2 additional units and generate up to a 6.91% cap rate! With an unbeatable walk score, this location is just steps from Trader Joe's, Whole Foods, Clover Park, Grant Elementary, John Adams Middle School, and some of the best cafes and restaurants in Santa Monica. A perfect fit for a young professional, couple, or small family, this duplex offers the ideal combination of lifestyle, location, and long-term upside in a highly sought-after Santa Monica neighborhood.
Location
State CA
County Los Angeles
Direction E of Cloverfield Blvd & Ocean Park Blvd
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Garage Spaces 3.0
View Y/N Yes
Water Access Desc Public
Accessibility Parking, See Remarks
Porch Cabana
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 4272023033
Special Listing Condition Standard
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "