$2,260,000

Residential Income In Santa Monica

  • 6 Beds
  • 5 Baths
  • 3,075 Sqft
  • 5,254 Sqft lot
  • Updated: June 8
  • 2
    Views for last 30 days
  • 1
  • Source:
    The MLS (CLAW)  MLS#26841091

About the Property

”Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with
”Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with easy access to shopping, dining, entertainment, and public transportation. Extensively renovated and thoughtfully upgraded, this income-producing property ( GREAT CASH FLOW ) consists of a REMODELED TRIPLEX plus a NEWLY BUILT legal 2-bedroom, 2-bath ADU, offering strong rental demand, stable income generation, and compelling long-term investment potential. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, hardwood flooring and or vinyl plank, dual-pane windows, fresh interior paint, new heaters, and modernized interiors throughout. Each unit features stainless steel appliances including an in-unit washer and dryer, dishwasher, built-in microwave, gas range, and refrigerator. Additional interior upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and designer Edison-style fixtures. These significant upgrades help support tenant satisfaction while reducing near-term maintenance concerns, enhancing the property’s appeal as a well-positioned investment asset. The lower front unit enjoys a spacious private patio with panoramic city and Santa Monica Mountain views. Residents also benefit from a large shared rear patio and five onsite parking spaces, amenities that contribute to continued tenant desirability and rental strength. ALL UNITS ARE CURRENTLY TENANT OCCUPIED , providing immediate rental income and operational continuity for investors. DO NOT DISTURB TENANTS. Inside with an accepted offer, no exceptions! Call agent for more information - Make an offer on the CAR FORMS”
  • Property type

    Other

  • Floors

    2

  • Year built

    1951

  • Price/sqft

    $734

Features

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2230 Delaware Avenue, Santa Monica, California, United States View on Google Maps
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ZARA Equity Corp. - Santa Monica

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ZARA Equity Corp. - Santa Monica
California, United States
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ZARA Equity Corp. - Santa Monica
Santa Monica, California, United States
View agency profile
Last updated
June 8
First listed
Jun 8
Listing reference
26841091
Listing status
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