Fixer or Development Opportunity in Santa Monica! Don't miss this incredible chance to own in Santa Monica. This versatile property features a detached 3-bedroom, 2-bathroom front house and a vacant 3-bedroom, 2-bathroom rear unit with a den, ideal for renovation, redevelopment, or income generation. The front house is currently occupied,… Read More offering immediate rental income potential, while the rear unit is vacant and ready for improvement. Just one block from the train station and offering easy access to the 10 Freeway, this property is perfect for an owner-user or investor looking to capitalize on location, layout, and upside potential. Live in one unit and rent out the other, or re-imagine the entire property to suit your vision. A rare find with outstanding potential in the heart of Santa Monica! Both the front house and the rear unit have a non-conforming bedroom and bathroom. The county assessor shows the property as an SFR even though there are two structures and two separate gas and electric meters. The City of Santa Monica has confirmed that there are two units. Read Less
Property listed by Horizon Real Estate Management Group, Victor Gonzalez 323-848-4948
Listing Snapshot
Days Online
28
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,437
Lot Size
0.12 Acres
Year Built
1951
MLS Number
25573245
30 Days Snapshot Of 90404
$886k
-1%
(avg) sold price
5
+25%
homes sold
57
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1951, Building area total: 2,437, Levels: Two, Living area: 2437, 2 stories, 2 buildings
Heating
FloorFurnace, WallFurnace
Income
Gross income: $31,200
Lot
0.1151 acres, 5,012 square feet, Size: 5,012
Parking
Driveway
Property
Zoning: SMR2*
Tenant Pays
Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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