Condominium buy in Santa Monica California

Whether you're looking for your next savvy investment or simply want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Along a tree-lined street in a prime location, this excellent property presents 4 units separately metered for gas and electric. Discover three 1-bedroom, 1-bath layouts on the main level and a larger 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths along with access to private patios overlooking the lush landscaping and mature fruit trees outdoors. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property accommodates two 2-car garages, an additional 1 parking space as well as off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, two-car garages are occupied by the owner, and the potential income it could be added to the leases. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for? MLS® ID: PV22036675 Listed: 3/3/22 Updated: 10/17/22 Interior Features Kitchen Appliances: Gas Water Heater Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Floor Description: Laminate, Vinyl Fireplace: None Cooling: None Heating: Combination, Floor Furnace, Wall Furnace Exterior/Building Features Lot Size: 5,589 ft2 lot Exterior Features: Rain Gutters Architectural Style: Traditional Lot Details: 0-1 Unit/Acre, Lawn, Landscaped, Sprinkler System Roof: Composition, Shingle Sewer: Public Sewer Other Property Details Area Name: C14 - Santa Monica HOA Amenities: Sidewalks Garage: Yes Garage Spaces: 4 Parking: Assigned, Garage Parking Total: 5.0 View: Y County: Los Angeles Utilities: Electricity Available, Sewer Connected Water Source: Public Pool: No Pool Description: None Total Stories: 2 Zoning: SMR2* Property History Date Event Price Value 9/6/22 Price Change $2,149,900 -2% 7/28/22 Price Change $2,197,000 100% 5/4/22 Price Change $2,192,000 -6% Courtesy of RE/MAX Estate Properties, Lisa Oliveras, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.