**Seller is offering a rate buy down on this mid-century INCOME PRODUCING DUPLEX 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… Read More 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 8.68% cap rate! With an unbeatable walk score, this is located 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. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
5
Square Ft.
1,940
Lot Size
0.08 Acres
MLS Number
25602933
30 Days Snapshot Of 90405
$2.05M
+10%
(avg) sold price
12
-25%
homes sold
63
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven, Freezer, Microwave
Building
1,940 sq ft, Levels: One
Cooling
Central
Disclosures
As Is
Garage
Carport
Heating
Central
Lot
LotSizeArea: 3,401
Parking
TotalParking: 3
Property
NumberOfUnits: 2
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