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Marcel Chaparteguy
CA DRE# 00599980

Santa Monica CA Real Estate & Commercial for Sale

52 Properties Found

The median home value in Santa Monica, CA is $1,737,500. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Santa Monica, CA is $1,737,500. Approximately 27% of Santa Monica homes are owned, compared to 65% rented, while 8% are vacant. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Santa Monica real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
4,014
Status:
NEW LISTING
MLS#:
CL24383345
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1946
A broker reciprocity listing Courtesy: Alejandro Ho - Lee & Associates Investments Services Group Inc Alejandro Ho alexh@lee-associates.com
View additional info

1446 & 1448 Yale Street is a seven-unit 3,725 net rentable SF property located in Santa Monica. The unit mix consists of (1) x Studio/1 Bath unit and (6) x 2 Bed/2 Bath units. Zoned R2, the property sits on a 9,000 SF lot. Originally built in 1946, the property has been recently renovated. Onsite amenities include gated glass entry, lush landscaping, courtyard with a BBQ, and fully-equipped kitchens with deluxe stainless steel appliances. The property includes a one-story property and a second-story property with five garage spaces. There's an additional multi-bike rack within the gated property. The property is located just southeast of Santa Monica Blvd. The 10 & 405 Freeways are located nearby. The Expo/Bundy Metro Station stop is located within 1.2 miles.

Beds:
n/a
Baths:
Sq.Ft.:
5,948
Status:
NEW LISTING
MLS#:
CL24392515
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1966
A broker reciprocity listing Courtesy: Armin Soleimani - Global Platinum Properties, Inc. Armin Soleimani arminsoleimani@gmail.com
View additional info

Huge 650k Price Reduction! 12 Unit building with 10 fully renovated units in Prime Santa Monica cash flowing at an incredible Current Cap Rate of 5.8% and 12.6 GRM from day 1! Priced at only 416k/door for renovated units with an amazing upside to 6.7% Cap Rate and 11.2 GRM on the proforma. Delivered with 10 fully renovated units with permits including 8 remodeled units plus 2 brand-new attached ADUs. These units have been completely renovated with permits (2 vacant) and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. Notably, there are preliminary plans for 2 additional detached ADUs over the open parking lot in the back that offer exceptional future upside potential. The property is located in the heart of Santa Monica just minutes away from the Beach and within close proximity to Santa Monica Business Park as well as hip neighborhood attractions, restaurants, bars, and shops such as Layla Bagels, Local Kitchen & Wine Bar, Estate Coffee, and many more popping up all around the area.

Beds:
n/a
Baths:
Sq.Ft.:
20,276
Status:
Active
MLS#:
CL24390411
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1970
A broker reciprocity listing Courtesy: John Boyett - Datashare CR Default Office Don't Delete John Boyett John.Boyett@cbre.com
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CBRE is pleased to exclusively offer for sale 1518-22 Euclid Street, First time on the market since the owner built the twenty-unit apartment complex in 1970. The property boasted a favorable unit mix of sixteen (16) two-bedroom two-bathroom units, two (2) three-bedroom two and a half-bathroom units, and two (2)one-bedroom and one bathroom units. 1518-22 Euclid Street is a prime investment opportunity for investors.1518-22 Euclid Street is a prime investment opportunity located in the highly sought-after market of Santa Monica. Situated less than a mile away from the iconic Santa Monica Pier and just minutes from the vibrant 3rd Street Promenade, this property offers convenience, lifestyle, and potential for strong returns. Just completed a complete re-roof that cost $100,000 and also recently installed a new water-main.

Beds:
n/a
Baths:
Sq.Ft.:
23,098
Status:
Active
MLS#:
CL24389477
Type:
Business Opportunities
Lot size:
0.57 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Jonathan Taksa - Remax Commercial and Investment Realty Jonathan Taksa jon@taksainvestment.com
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326 San Vicente Blvd. is a prestigious investment opportunity located in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an incredibly rare unit mix consisting of all extremely large 2-bedroom 2 bath units. Each of these units are extremely spacious and have a terrific floor plan. The property is situated on a massive half acre corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.08/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to Montana Avenue and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Beds:
n/a
Baths:
Sq.Ft.:
5,238
Status:
Active
MLS#:
CRSB24030349
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1976
A broker reciprocity listing Courtesy: Bruce Kusada - Capital RE Group Bruce Kusada brucek@capitalregroup.com
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Charming 6 Unit Garden Apartment building on a tree lined street, recently landscaped, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Resident manager is onsite. Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

Beds:
n/a
Baths:
Sq.Ft.:
5,443
Status:
Active
MLS#:
CL24385721
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Peter Ciriello - LA Commercial Peter Ciriello peter@lacomcorp.com
View additional info

Update Unit A rented for $2,850! An application is in for Unit B for $2,895. Units 1 & 2 rents updated to $4,995 each. Seller willing to carry up to 80% LTV to make a deal. 5.26% Cap when 100% Occupied, 13.8 GRM. Priced to sell. Front duplex with both units vacant. Rear 4-plex with 1 unit vacant. Properties sold together, two separate parcels. The front duplex is comprised of 2 side-by-side 2+2 1,600 SF townhouses with w/d in unit, fireplaces and private patios. The rear fourplex comprises four units, each 1+1. Two units are 500 square feet, while the other two are slightly larger at 625 square feet. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Fourplex: Unit B & D have given notice to be vacant on June 1. Parking is provided with four garages and one carport on-site. All 4 garages and the carport are rented separately for extra income, all are vacant at the moment (owner was occupying but has now moved). ADU Plans are underway to convert the garages into an additional unit. Street parking is ample. Garages rent for $295/month and carport $195/month, all are currently vacant. Gate is locked. Please drive by only, do not disturb tenants. This listing is for both APNs 4282-032-027 and 028.

Beds:
n/a
Baths:
Sq.Ft.:
4,840
Status:
Active
MLS#:
CRGD24082321
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Ante Trinidad - Stevenson Real Estate Services Ante Trinidad atrinidad@stevensonrealestate.com
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Property consists of two separate structures, a double-car garage plus eight open parking spaces serviced by a rear alley. The front building has five units including one 3 BD/1 & 1/2 BA unit and four 2BD/1BA units. The rear building is a 2 BD/1 BA single family house. Great rent income upside on tenant turnover.

Beds:
n/a
Baths:
Sq.Ft.:
10,384
Status:
Active
MLS#:
CL24383995
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete info@laaa.com
View additional info

We are proud to present 1311 Euclid Street, a 11 unit multifamily property in Santa Monica, CA. Built in 1968, this 10,384 square foot property sits on a 0.17 acre lot and it boasts a strong unit mix of three 1 bed/1 bath, two 2 bed/1 bath, two 2 bed/2 bath, and three 3 bed/2 bath units. The subject property resides less than one and a half miles from the beaches of Santa Monica and hubs for shopping, entertainment, restaurants, and nightlife for beach city locals. The property offers ample carport parking at the rear alley and side of the building. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, cable ready, storage spaces, laundry facilities, stainless steel appliances, controlled access, walk-in closets, patios and balconies. The property is also being offered with an attractive assumable loan with a $2,550,000 remaining balance at a 4.56% interest rate fixed through 2027. This offers lower overall costs to a buyer in our current higher-rate environment. The City of Santa Monica has undergone a remarkable transformation in recent years, emerging as a thriving hub for technology companies and attracting a wave of young, skilled professionals seeking dynamic job opportunities. With its vibrant ecosystem of startup

Beds:
n/a
Baths:
Sq.Ft.:
4,368
Status:
Active
MLS#:
CL24383839
Type:
Business Opportunities
Lot size:
0.1 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Jennifer Hughes - Compass Jennifer Hughes jennifer.hughes@compass.com
View additional info

In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a real

Beds:
n/a
Baths:
Sq.Ft.:
9,346
Status:
Active
MLS#:
CROC24077809
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Michael Smith - NorthMarq Realty Services, Inc Michael Smith msmith@northmarq.com
View additional info

Price Reduced by $750,000 100% VacantThe property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies. Potential Redevelopment Site 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments. Walkable, Vibrant and Highly Amenitized Neighborhood Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place

Beds:
n/a
Baths:
Sq.Ft.:
3,569
Status:
Active
MLS#:
CL24379235
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1948
A broker reciprocity listing Courtesy: David Putnam - Berkshire Hathaway HomeServices California Properties David Putnam Davidputnam5@gmail.com
View additional info

$2,000,000 ASSUMABLE LOAN. 4% interest only until 2029 for qualified buyer (private 3rd party lender) . Two blocks from Snapchat. Very well maintained building with character. 6 charming, one bedroom units located on quiet tree-lined street in Sunset Park. Backs to single family residential. All units have patios. Front unit has patio with fireplace. Certain units have been nicely upgraded with stone counters, stainless appliances and some, if not all, with in-unit laundry. Garage income of approximately $1,150/month from offsite renters (included in gross rent subject to verification). 5 total one car garages for possible future ADU conversion. Very close proximity to trendy eateries and other shops and amenities on Ocean Park Blvd. Just down the street from beautiful Clover Park! Inside with accepted offer. Income and expenses are approximate. Income and expense will be provided to the buyer through management company. Unit 3 can be delivered vacant or tenant will remain at $2,750/ month.

Beds:
n/a
Baths:
Sq.Ft.:
3,039
Status:
Active
MLS#:
CL24380511
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1957
A broker reciprocity listing Courtesy: William Dawson - Sullivan-Dituri Co.Realtors William Dawson bill@sdrsm.com
View additional info

First time on the market in 65 years! This bread and butter apartment building with six one-bedroom, one-bath units offers consistent income in a desirable neighborhood on the Westside. It is located on vibrant Pico Blvd. in Santa Monica's Sunset Park neighborhood. There is easy access to the beach, West LA, the 10 and 405 Freeways, and Santa Monica College. This property is a solid investment and easy rental!

Beds:
n/a
Baths:
Sq.Ft.:
6,524
Status:
Active
MLS#:
CL24380165
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Chase Simonton - RE/MAX One Chase Simonton Chase@RemaxOneCommercial.com
View additional info

901 19th Street is the perfect Owner-User opportunity in Santa Monica. A huge, 3-bedroom, 2.5 bathroom townhouse-style front unit can be delivered vacant at close of escrow. The 6 other units bring in good income to subsidize the mortgage, yet still have tremendous upside potential for future rental growth. Located just 1 block from Montana Ave and all the trendy restaurants and shops Santa Monica has to offer, this prime North of Wilshire 90403 location is near impossible to beat. Please do not disturb the tenants. Call listing agents for a potential tour of he front unit. All other units will be shown only upon an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
7,580
Status:
Active
MLS#:
CRSB24070429
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi cameron@lyonstahl.com
View additional info

7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
4,718
Status:
Active
MLS#:
CL24376315
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1939
A broker reciprocity listing Courtesy: Adam Kanizo - Paloma Realty Partners, Inc. Adam Kanizo adam@lndrealty.com
View additional info

1502 Maple is a 10-unit bungalow style apartment complex on a large 12,557 sqft lot. The property features 8 (eight) one bedroom units and two bachelor units. The property has two detached garage structures with 4 separate garages. Four of the garages are rented as storage generating $1775/mo of additional income. Being sold at an in-place 5% cap rate and 14.6GRM! With over 50% upside in rents. About half of the property has been renovated, some units have in-unit washer/dryers. The property does have a shared laundry facility. 1502 Maple St is walking distance to some of the best retail in Santa Monica. Owner has the ability to add two large ADU units to the property through a garage conversion.

Beds:
n/a
Baths:
Sq.Ft.:
7,881
Status:
Active
MLS#:
CL24376265
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Scott Ammann - The Beverly Hills Estates Scott Ammann scott@ammannluxuryestates.com
View additional info

Incredible investment opportunity located 5 blocks from the beach in the highly desirable Wilshire / Montana neighborhood of Santa Monica. This 11-unit apartment building consists of (3) two bedrooms one bathroom, (6) one bedroom one bathroom, and (2) singles. Units consist of hardwood floors, standard kitchens, and balconies/patios. Currently, there are 9 vacant units giving an investor the opportunity to achieve market rents. Exceptional Santa Monica location - within close distance to Montana Ave, The Third Street Promenade, The Santa Monica Pier and the beach. Soft story retrofit has been completed.

Beds:
n/a
Baths:
Sq.Ft.:
4,741
Status:
Active
MLS#:
CL24373103
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1948
A broker reciprocity listing Courtesy: John Barrentine - Keller Williams Larchmont John Barrentine John@barrentinegroup.com
View additional info

**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, a

Beds:
n/a
Baths:
Sq.Ft.:
2,190
Status:
Active
MLS#:
CL24375519
Type:
Business Opportunities
Lot size:
0.05 Acres
Year built:
2012
A broker reciprocity listing Courtesy: Lee Tonks - Tonks Agency Inc, Lee Tonks lee@tonksagency.com
View additional info

100% VACANT - mixed use, Bar-Restaurant on the ground floor with a 2 bed 1 bath residential upstairs. Previously the home of LA Draughts and Santino's restaurant. In 2009 the building was virtually demolished due to a fire and it was rebuilt from the ground up to the 2009 building codes, including earthquake retrofitting, 750 Grease trap installed, Fire Sprinkler system, Infiltration pits, Air Conditioning, ADA approved (as of final inspection date). open flame cooking with hood. This property is ready to go for either fine dining or fast food. Seller and previous tenant states that the entire rear patio, including the 3 parking spaces is permitted for a patio. Permitted for 2 outdoor tables at front of property. All tenants previous tenants have had a beer and wine license. The property is grandfathered for the exemption for off license alcohol sales. Roofing was recently coated. This is a very rare opportunity to own a bar restaurant / residential delivered vacant in Santa Monica, across the street from Whole foods on Lincoln Blvd in the heart of Santa Monica. As of April 13th 2024 the city of Santa Monica issued an "Alcohol Determination zoning conformance review" for a State ABC type 47 Alcohol license

Beds:
n/a
Baths:
Sq.Ft.:
2,800
Status:
Active
MLS#:
CROC24064041
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Lily Jackson - Keller Williams OC Coastal Realty Lily Jackson lilyjacksongroup@gmail.com
View additional info

Own a 50% interest in this fourplex residential lease building, now for sale. Be a Tenant in Common in this four plex that is 3 blocks from the Santa Monica beach. This is a 100 year old building and needs updating. The price is for 50% interest in the building. Currently the co owner lives in one unit, and three units are rented. This is a great opportunity to fix up the property, and improve it, or get everyone out of the building, and re build. The choice is yours.

Beds:
n/a
Baths:
Sq.Ft.:
11,456
Status:
Active
MLS#:
CL24371213
Type:
Business Opportunities
Lot size:
0.33 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Jason Tuvia - Marcus & Millichap Jason Tuvia jtuvia@marcusmillichap.com
View additional info

We are pleased to present a fifteen (15) unit apartment building located at 1860 9th Street in Santa Monica, California. The subject property is located in a prime Santa Monica location just north of Lincoln Boulevard and west of Pico Boulevard. Built in 1955, this property contains an excellent unit mix of one (1) studio / one-bathroom unit and fourteen (14) two-bedroom / one and a half-bathroom units. The property consists of a double-lot with one being zoned commercial. All units face the well-maintained inner courtyard. The units boast a ton of character with lovely tile and wood flooring, tile counters, French doors, antique light fixtures, and other built-in decorative elements. There is shared laundry on-site with newer Maytag high efficiency appliances. This rare, mid-size asset goes street-to-street with eight (8) garage parking spaces off of Lincoln Court, three (3) covered carports with storage spaces above, and seven (7) uncovered interior parking spaces. Most of the storage can be rented for additional income, and there is a private storage room attached to the southern garage. There is great potential to convert the garage spaces into multiple ADU units. Tenants will love living only one (1) mile to Santa Monica Pier, with easy access to major transportation and som

Beds:
n/a
Baths:
Sq.Ft.:
14,544
Status:
Active
MLS#:
CL24370305
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Jonathan Taksa - Remax Commercial and Investment Realty Jonathan Taksa jon@taksainvestment.com
View additional info

HUGE $1,000,000 REDUCTION FROM ORIGINAL LIST PRICE!!! Bring all offers! We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe.937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

Beds:
n/a
Baths:
Sq.Ft.:
7,250
Status:
Active
MLS#:
CL24369815
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1961
A broker reciprocity listing Courtesy: William Dawson - Sullivan-Dituri Co.Realtors William Dawson bill@sdrsm.com
View additional info

PRICE IMPROVEMENT! For the first time, this 6-Unit Apartment Building with spacious Owner's Unit is for sale north of Montana Avenue in Santa Monica. This well-maintained property is in a desirable neighborhood steps away from the shops and restaurants on Montana Avenue and minutes from the beach. The unit mix consists of four 2-bedrooms (three of which are townhouses),one 1-bedroom, and one 3-bedroom Owner's unit with private entrance, garage and bonus room in the basement. Feels like home!

Beds:
n/a
Baths:
Sq.Ft.:
6,004
Status:
Active
MLS#:
CL24369337
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Marc Chorin - Rodeo Realty - Pacific Palisades Marc Chorin marcchorin@rodeore.com
View additional info

Just reduced by $500k. Large two story, six units BUILDING, well maintained, with tremendous cash flow , 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine street restaurants & shops. The property includes 2( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have inside owner's stackable washer & dryer and A/C- wall units. The building features an additional community laundry room. 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully tenant occupied. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit well below market rent/ major future rent increase potential. Rent roll and estimated financial sheet is in attached MLS documents. Space to Potentially build ADUS and increase the property cash flow in the rear of the property. MAKE AN OFFER OR CALL AGENT FOR MORE INFO.

Beds:
n/a
Baths:
Sq.Ft.:
4,393
Status:
Active
MLS#:
CL24367013
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1946
A broker reciprocity listing Courtesy: Victoria Risko - The Beverly Hills Estates Victoria Risko victoriarisko@gmail.com
View additional info

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

Beds:
n/a
Baths:
Sq.Ft.:
3,219
Status:
Active
MLS#:
CRSB24045129
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Anthony Kelly - Coldwell Banker Realty Anthony Kelly westsidetosouthbay@gmail.com
View additional info

Welcome to 2517 20th St. One of the most sought-after locations in all of Santa Monica. This rare, 5-unit building features a mix of two, two bed/1 bath units and three, 1 bed/1 bath units. This is the perfect investment property that offers strong demand from tenants looking to live in the heart of Santa Monica. Located just blocks from Santa Monica College and all major transportation options, your residents will love their private garages that are ideal for additional storage. Four of the five units have been remodeled and feature their own laundry, original refinished hardwood floors, quartz countertops, tiled showers, and so much more. Our tenants are all professionals and do a wonderful job of maintaining their homes. This property has been meticulously maintained and the owner has spared no expense. This truly is a Pride of Ownership property. Check out the income this property produces. This one can't be missed, so get there quick. One two-bedroom unit can be shown now.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/17/2024.

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