3401 Pearl Street

    Santa Monica, CA 90405
    • $2,175,000
    • STATUS: Active Under Contract
    • ON SITE: 59 days
    • ID#: 19512780
    Under Contract
    UPDATED: 42 min ago
    $2,175,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,322
      SQFT
    • $937
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Pride of ownership duplex delivered vacant and located in Sunset Park and the Grant Elementary school district on an amazing southwest facing corner lot. Trophy property with a three bedroom remodeled townhome with a loft, private entrance, Zen backyard, massive loft/garage with soaring ceilings and direct access, plus a huge roof top deck. The remodeled second townhome enjoys a private entrance, Zen backyard, private garage with direct access and a large deck off the upstairs. Immaculately cared for, this special opportunity to enjoy the Sunset Park and Santa Monica lifestyle with a generous income from your guest apartment and a townhome that feels like "home", makes this a one of a kind property. Duplexes that are owner occupied by family can Airbnb and exempt the property from rent control (check w/city).

    Monthly Payment Calculator



    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/99152012

    3401 Pearl Street Santa Monica, CA 90405

    • Price: $2,175,000
    • Status: Active Under Contract
    • Updated: 42 min ago
    • ID#: 19512780
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,322
    SQFT
    $937
    $/SQFT
    1938
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Pride of ownership duplex delivered vacant and located in Sunset Park and the Grant Elementary school district on an amazing southwest facing corner lot. Trophy property with a three bedroom remodeled townhome with a loft, private entrance, Zen backyard, massive loft/garage with soaring ceilings and direct access, plus a huge roof top deck. The remodeled second townhome enjoys a private entrance, Zen backyard, private garage with direct access and a large deck off the upstairs. Immaculately cared for, this special opportunity to enjoy the Sunset Park and Santa Monica lifestyle with a generous income from your guest apartment and a townhome that feels like "home", makes this a one of a kind property. Duplexes that are owner occupied by family can Airbnb and exempt the property from rent control (check w/city).
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage - Two DoorOversized Parking YN Yes

    Interior Features

    Appliances DisposalRefrigeratorDishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 4.30 Gross Multiplier 17.20 Gross Operating Income 126000.00 Insurance Expense 2400.00 Laundry YN Yes Net Operating Income 93415.00 Special Listing Conditions Standard Total Expenses 32587.00 Water Sewer Expense 1800.00 Zoning Smr2*

    Listing provided courtesy of Stacey Valnes of Valnes & Company


    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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