Residential Income in Santa Monica

THREE SEPARATE HOMES | ALL CAN BE DELIVERED VACANT BY CLOSE OF ESCROW | SUPER COOL BROADWAY ART DISTRICT | CREATIVE PASSIONATE COMMUNITY | Buying a 2 bed, 1 bath cottage,1,000 square foot on this street would sell for $1,650,000. At 1434 24th, you own THREE - separate homes | The property features a beautifully remodeled 2-BEDROOM, 1-bath front home enjoying a large luscious private front yard and laundry, an updated 1-BEDROOM, 1-bath + den enjoying a rear private patio and laundry, 1-BEDROOM, 1-bath cottage enjoyS a front private patio. All 3 HOMES share an inviting community courtyard made for alfresco dinners, morning coffee, entertaining friends, or simply soaking up the Santa Monica sunshine. Think boutique B&B compound meets laid-back coastal living with three completely separate homes, each with its own personality, privacy, and possibilities. A rare opportunity to create your own private compound, multigenerational retreat, or income-producing investment on your terms. Current annual income $57,600 annually front the two rear cottages. $84,000 ($3,500 for each cottage once vacant and renovated). And the location? A creative neighborhood buzzing with art studios, local culture, the Santa Monica Co-Op, Metro Rail, and neighborhood favorites , all just moments away. Live in 2 bedroom | 1 Bed for Art Studio | 1 Bed for Business | Rent all 3 - $141,600 annual income | Endless possibilities when you are in FULL CONTROL over a vacant property (NEARLY IMPOSSIBLE TO FIND A TRIPLEX THAT CAN BE DELIVERED VACANT).