SIGNIFICANT PRICE IMPROVEMENT. PRICED TO SELL IN PRIME SANTA MONICA. We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of… Read More very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor or owner user (there is a very large, luxuriously updated 3 bedroom unit), the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units) and central HVAC (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main Street, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 443 Bay Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations. Read Less
Courtesy of Remax Commercial and Investment Realty 213-817-1000
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
13
Square Ft.
5,532
Lot Size
0.13 Acres
Year Built
1971
MLS Number
25514273
30 Days Snapshot Of 90405
$2.03M
0%
(avg) sold price
10
-47%
homes sold
49
-44%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Microwave, Refrigerator, Range/Oven, Dishwasher
Building
5,532 sq ft, Built in 1971, Levels: One
Cooling
Wall/Window, Central
Disclosures
As Is
Garage
Assigned, Carport Attached
Heating
Central, Wall
Lot
LotAcreage: 0.132, LotSizeArea: 5,752
Parking
TotalParking: 10
Property
NumberOfUnits: 6, Zoning: SMOP2*
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
