2623 28th Street

    Santa Monica, CA 90405
    • $1,599,500
    • STATUS: Active
    • ON SITE: 115 days
    • ID#: SR18124445
    UPDATED: 45 min ago
    $1,599,500
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,140
      SQFT
    • $747
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    2623 28th Street is a 1940+GGs rent-controlled triplex in the Business Park area of Santa Monica. It+GGs an excellent add-value asset, perfect as an owner-user, with the well-designed spacious floorplans or as a rental property.HOME BUYERS+G- If a unit is vacated, the subject property would make an excellent personal residence. Plus, the adjacent units afford the homeowner the possibilities for multigenerational living and earning streams of passive rental income.INVESTORS+G- Currently, 3 of the 3 units are below-market rent. Market rents for 3+2 units in this area are approx. $3,195 per month and market rent for 1+1 are $1,950. The spacious floorplans and unit mix are very desirable to tenants in this area.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T10:26:16.333. 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.
    www.playavistaliving.com/homes/83972428

    2623 28th Street Santa Monica, CA 90405

    • Price: $1,599,500
    • Status: Active
    • Updated: 45 min ago
    • ID#: SR18124445
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,140
    SQFT
    $747
    $/SQFT
    1945
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    2623 28th Street is a 1940+GGs rent-controlled triplex in the Business Park area of Santa Monica. It+GGs an excellent add-value asset, perfect as an owner-user, with the well-designed spacious floorplans or as a rental property.HOME BUYERS+G- If a unit is vacated, the subject property would make an excellent personal residence. Plus, the adjacent units afford the homeowner the possibilities for multigenerational living and earning streams of passive rental income.INVESTORS+G- Currently, 3 of the 3 units are below-market rent. Market rents for 3+2 units in this area are approx. $3,195 per month and market rent for 1+1 are $1,950. The spacious floorplans and unit mix are very desirable to tenants in this area.
    Exterior Features

    Garage Spaces 3.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 56160.00 Gross Scheduled Income 56160.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 0.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 4680.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Smr2*

    Listing provided courtesy of Raymond Rodriguez of Keller Williams Realty Calabasas.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-18T10:26:16.333. 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.
     
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