Located in one of Santa Monica's most coveted neighborhoods, this exceptional multi-unit property presents a rare opportunity for both investors and owner-users. Available for the first time in decades, the property spans a desirable double lot over 13,500 sq ft and features four structures with a well-balanced unit mix designed… Read More for strong rental demand. Brimming with vintage charm, the property showcases original architectural details, abundant natural light, and spacious interiors. The unit mix consists of (2) two-bedroom, one-bath units and (7) one-bedroom, one-bath units, with select residences offering washer/dryer hookups and hardwood floors. The owner's unit, a two-bedroom, one-bath plus a den, will be delivered vacant, presenting an excellent opportunity for immediate occupancy or high-value leasing. Additional property highlights include multiple on-site parking spaces and potential for ADU development (buyer to verify). The soft-story retrofit was successfully completed in Q4 2020, ensuring compliance and structural integrity. Situated within walking distance of top-rated schools, premier shopping, dining, and transit options, this asset benefits from a consistently strong rental market and the long-term appreciation of a premier coastal location. A rare offering in an irreplaceable setting, this property is an outstanding investment for those seeking stability, growth, and value in Santa Monica's competitive real estate landscape. Read Less
Courtesy of Nourmand & Associates-BH 310-274-4000
Listing Snapshot
Days Online
28
Last Updated
Property Type
Other
Beds
10
Square Ft.
7,148
Lot Size
0.31 Acres
MLS Number
25496625
30 Days Snapshot Of 90405
$2,643k
-3%
(avg) sold price
26
+85%
homes sold
70
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator
Building
7,148 sq ft, Levels: Two
Cooling
None
Disclosures
As Is, Rent Control
Garage
Assigned
Heating
Wall
Lot
LotSizeArea: 13,520
Parking
TotalParking: 7
Property
NumberOfUnits: 9
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