Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1923
Sq.Footage
3,230
Unlock the potential of this exceptional income property in the heart of Santa Monica. Set on a 7,500 sq ft lot zoned SMC4, this rare offering includes five detached bungalows and four rentable garages, providing a unique blend of charm, flexibility, and value-add opportunity.With four of the five units delivered vacant, investors have immediate upside through renovation, lease-up, or redevelopment. Whether you're seeking stable rental income, a 1031 exchange candidate, or a future development play, this property offers the versatility and location to match.Ideally situated near the Expo Line, shops, restaurants, and Santa Monica Beach, this is your chance to own a piece of one of L.A.'s most desirable coastal neighborhoods. Don't miss out on this rare find - opportunities like this are few and far between.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Open Floorplan
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Stucco
-
Parking
Garage
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.1725
-
Property Type
Residential Income
Price
-
Sales Price
$2,395,000
-
Sq. Footage
3, 230
-
Price/SqFt
$741
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Other
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Malyn Dahlin , The Agency
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