REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,100,000
Est. payment /mo
7 Beds
4 Baths
5,100 SqFt
UPDATED:
11/14/2024 02:49 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $607
MLS Listing ID 24422677
Bedrooms 7
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1927
Lot Size 8,023 Sqft
Property Description
Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. Delivered fully vacant and one block from Montana Avenue. The plan features a tasteful renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows. A can't-miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage None
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 4277009003
Special Listing Condition Standard
Read Less Info
Listed by Jacqueline Chernov • Compass
GET MORE INFORMATION
High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686