2652 7TH Street

    Santa Monica, CA 90405
    • $2,695,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 18325522
    UPDATED: 174 min ago
    $2,695,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,196
      SQFT
    • $1,227
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    The 1929 Triplex Spanish bungalow cottages are located on a corner lot in Ocean Park in Santa Monica, with great proximity to Main St and Abbott Kenny in Venice, In addition to the (3) 1 Bedroom and 1 Bath units, there are 4 single car garages. Two garages are currently rented to the tenants and the other two are held for storage but could be rented for $250 per month. All units have been completely remodeled and in great condition. Great stable income or redevelopment potential.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T00:28:18.443. 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/81875103

    2652 7TH Street Santa Monica, CA 90405

    • Price: $2,695,000
    • Status: Active
    • Updated: 174 min ago
    • ID#: 18325522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,196
    SQFT
    $1,227
    $/SQFT
    1929
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    The 1929 Triplex Spanish bungalow cottages are located on a corner lot in Ocean Park in Santa Monica, with great proximity to Main St and Abbott Kenny in Venice, In addition to the (3) 1 Bedroom and 1 Bath units, there are 4 single car garages. Two garages are currently rented to the tenants and the other two are held for storage but could be rented for $250 per month. All units have been completely remodeled and in great condition. Great stable income or redevelopment potential.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 2.60 Gross Multiplier 31.00 Gross Operating Income 86652.00 Improvements Amount 232684 Land Value 779226 Net Operating Income 70652.00 Special Listing Conditions Standard Total Expenses 16000.00 Zoning Smop2*

    Listing provided courtesy of Maura Short of Compass.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T00:28:18.443. 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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