COMPLETELY VACANT TRIPLEX! HIGHLY MOTIVATED SELLERS!!! FLEXIBILITY ON PRICING!!! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot,… Read More the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare. Read Less
Property listed by Nelson Shelton & Associates, Hatim Zaki 310-259-7556
Listing Snapshot
Days Online
30
Last Updated
Beds
6
3/4 Baths
5
Square Ft.
2,700
Lot Size
0.18 Acres
MLS Number
26874979
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Living area: 2700.0, 2 buildings, 1 storey, Levels: One
Interior Features
CeilingFans
Lot
0.1783 acres
Parking
5 total parking spaces, Driveway
Taxes
Parcel Number: 4274013023, Zoning: SMR2*
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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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