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$1,550,000
Est. payment /mo
3 Beds
3 Baths
992 SqFt
UPDATED:
09/30/2024 06:33 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 992 sqft
Price per Sqft $1,562
MLS Listing ID 24361865
Bedrooms 3
Construction Status Fixer
HOA Y/N No
Year Built 1923
Lot Size 2,517 Sqft
Property Description
First time on the market in over 36 Years! This triplex was built in 1923 and is located in the well sought after Ocean Park neighborhood of Santa Monica just blocks from Main Street and the beach. The property is the perfect owner-user or developer's dream and is comprised of three units and two individual one car garages. The property offers side by side studio/1 bath apartment units in the front and a stand-alone studio/1 bath apartment in the back. Each unit has its own electric meter. Needs some TLC with tremendous potential. With the ability to obtain market rents in a highly desired neighborhood, this property offers investors or owner-users a great opportunity to acquire a value add asset in a strong rental market.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Interior Features Walk-In Closet(s)
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Private
Garage Spaces 2.0
Garage Description 2.0
View Y/N Yes
View City Lights
Parking Type Private
Attached Garage Yes
Total Parking Spaces 2
Building
Faces West
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 4287005005
Special Listing Condition Standard
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Listed by Jason Carvalho • KW Advisors