Unlock the potential of this exceptional income property in the heart of Santa Monica. Set on a 7,500 sq ft lot zoned SMC4, this rare offering includes five detached bungalows and four rentable garages, providing a unique blend of charm, flexibility, and value-add opportunity.With four of the five units delivered… Read More vacant, investors have immediate upside through renovation, lease-up, or redevelopment. Whether you're seeking stable rental income, a 1031 exchange candidate, or a future development play, this property offers the versatility and location to match.Ideally situated near the Expo Line, shops, restaurants, and Santa Monica Beach, this is your chance to own a piece of one of L.A.'s most desirable coastal neighborhoods. Don't miss out on this rare find - opportunities like this are few and far between. Read Less
Courtesy of The Agency 424-835-7230
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
5
Square Ft.
3,230
Lot Size
0.17 Acres
Year Built
1923
MLS Number
25570821
30 Days Snapshot Of 90404
$1.39M
+10%
(avg) sold price
3
-66%
homes sold
71
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Gas, Dishwasher, Refrigerator, Range/Oven, Ceiling Fan
Building
3,230 sq ft, Built in 1923, Levels: One, Detached/No Common Walls, California Bungalow
Cooling
None
Disclosures
As Is
Exterior Features
Stucco
Fireplaces
None
Floors
Hardwood, Carpet, Stone Tile
Garage
4 total garage spaces, Garage - 1 Car
Water Features
Water: Public
Heating
Wall
Interior Features
Open Floor Plan
Laundry
Community
Lot
LotAcreage: 0.1725, LotSizeArea: 7,514, City, Near Public Transit
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