1034 Bay Street

    Santa Monica, CA 90405
    • $1,779,000
    • STATUS: Active
    • ON SITE: 230 days
    • ID#: 19450432
    UPDATED: 60 min ago
    $1,779,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,644
      SQFT
    • $1,082
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Two beautiful Jewel Box Craftsman bungalows on a picturesque tree lined street, close to the BEACH! Front house features a charming fireplace, 2 bedrooms 1 bath, large kitchen, hardwood floors, washer/ dryer, delightful front yard with seating area, and serene back yard for elegant outdoor dinning & lounging! Parking for 3 cars in the driveway and an additional 2 in a covered garage! Back house features private, gated front & alley entrance, 1 bedroom, 1 bath, large dine -in kitchen, hardwood floors,washer/dryer, additional bonus room/ office with a roof-top deck, and a 1 car garage! Wonderful outdoor spaces with mature succulents & flower beds! Both houses will be delivered VACANT at close of escrow. Make this compound your income bearing retreat! Buyer is advised to independently verify accuracy of all information through professional inspection with appropriate professional ** Broker/ agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, etc.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T12:28:39.007. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/93299324

    1034 Bay Street Santa Monica, CA 90405

    • Price: $1,779,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 19450432
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,644
    SQFT
    $1,082
    $/SQFT
    1948
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Two beautiful Jewel Box Craftsman bungalows on a picturesque tree lined street, close to the BEACH! Front house features a charming fireplace, 2 bedrooms 1 bath, large kitchen, hardwood floors, washer/ dryer, delightful front yard with seating area, and serene back yard for elegant outdoor dinning & lounging! Parking for 3 cars in the driveway and an additional 2 in a covered garage! Back house features private, gated front & alley entrance, 1 bedroom, 1 bath, large dine -in kitchen, hardwood floors,washer/dryer, additional bonus room/ office with a roof-top deck, and a 1 car garage! Wonderful outdoor spaces with mature succulents & flower beds! Both houses will be delivered VACANT at close of escrow. Make this compound your income bearing retreat! Buyer is advised to independently verify accuracy of all information through professional inspection with appropriate professional ** Broker/ agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, etc.
    Exterior Features

    Architectural Style Bungalow Entry Location Main Level Garage Spaces 3.00 Lot Size Dimensions A.0.1490 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Three DoorDriveway Parking Total 3.00 Parking YN Yes

    Interior Features

    Appliances DisposalRefrigerator Appliances YN Yes Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Laundry Features Dryer IncludedCommon AreaWasher IncludedInside Levels One

    Property Features

    Cap Rate 4.70 Gross Multiplier 17.10 Gross Operating Income 105000.00 Improvements Amount 108056 Improvements Percent 18.60 Land Value 472775 Land Value Percent 81.40 Laundry YN Yes Net Operating Income 85300.00 Special Listing Conditions Standard Total Expenses 19700.00 Utilities Cable Available Zoning Smr2*

    Listing provided courtesy of Ian Brooks of Berkshire Hathaway Homeservice


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T12:28:39.007. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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