Description
Prime Santa Monica Triplex: Remodeled, Fully Vacant & w/ Partially Approved Plans for 6 Units! Located South of Montana in the heart of Santa Monica, this remodeled triplex presents a unique opportunity for end users, investors AND developers! The front building is a bright and remodeled single-family home with 2 bedrooms, 2 bathrooms, with potential for a third bedroom and is completely separate from the back 2 units. The front unit also includes an attached 1-car garage (could be converted to a bedroom, office, or gym), a large driveway for 3 cars, a private front yard, and a 400 sqft covered patio. The rear structure, accessed via an alley, includes two units, each with 2 bedrooms, 1 bathroom, spacious living rooms, in-unit laundry, and a 1-car garage. A large, shaded patio offers a serene outdoor space for relaxation. Additionally, the current owner has begun the process to build 6 units with partially approved plans available upon request. Positioned on a 7,509 sqft lot, the property features 3,245 sqft of living space and is just blocks from top shops, dining, the beach, parks, and award-winning schools! Front unit has projected rent of $7,500. Back units have projected rent of $3,000 each.
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6BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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3,245SQFT
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$863$/SQFT
School Ratings & Info
Description
Prime Santa Monica Triplex: Remodeled, Fully Vacant & w/ Partially Approved Plans for 6 Units! Located South of Montana in the heart of Santa Monica, this remodeled triplex presents a unique opportunity for end users, investors AND developers! The front building is a bright and remodeled single-family home with 2 bedrooms, 2 bathrooms, with potential for a third bedroom and is completely separate from the back 2 units. The front unit also includes an attached 1-car garage (could be converted to a bedroom, office, or gym), a large driveway for 3 cars, a private front yard, and a 400 sqft covered patio. The rear structure, accessed via an alley, includes two units, each with 2 bedrooms, 1 bathroom, spacious living rooms, in-unit laundry, and a 1-car garage. A large, shaded patio offers a serene outdoor space for relaxation. Additionally, the current owner has begun the process to build 6 units with partially approved plans available upon request. Positioned on a 7,509 sqft lot, the property features 3,245 sqft of living space and is just blocks from top shops, dining, the beach, parks, and award-winning schools! Front unit has projected rent of $7,500. Back units have projected rent of $3,000 each.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T18:36:32.15. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.