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Preet Sandhu

preet@riserealtyca.com +1(559) 907-9993

$ 1,995,000

Est. payment | -/mo

6 Beds

5 Baths

2,700 SqFt

Save

$ 1,995,000

Est. payment | -/mo

Save

6 Beds

5 Baths

2,700 SqFt

Open House

Sun Oct 25, 12:00pm - 2:00pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $738

MLS Listing ID 26992055

Bedrooms 6

HOA Y/N No

Lot Size 7,766 Sqft

Property Description

COMPLETELY VACANT TRIPLEX! HIGHLY MOTIVATED SELLERS!!! FLEXIBILITY ON PRICING!!! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Interior Features Ceiling Fan(s)

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Total Parking Spaces 5

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4274013023

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Hatim Zaki Nelson Shelton & Associates #01976387

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 907-9993

preet@riserealtyca.com

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1817 17th ST Santa Monica, CA 90404