Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. The plan features a tasteful demo/renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding… Read More a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows. A can't-miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles. Read Less
Courtesy of Compass 310-395-7090
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
7
Square Ft.
5,100
Lot Size
0.18 Acres
Year Built
1927
MLS Number
25495711
30 Days Snapshot Of 90403
$1,961k
-7%
(avg) sold price
9
-25%
homes sold
43
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
5,100 sq ft, Built in 1927, Levels: Two
Cooling
None
Disclosures
Building Plans Available, Rendering
Garage
None
Heating
None
Lot
LotAcreage: 0.1842, LotSizeArea: 8,023
Parking
TotalParking: 5
Property
NumberOfUnits: 7, Zoning: SMR2*, Fixer, Tear Down, Repairs Major
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