$2,095,000

Residential Income In Santa Monica

  • 4 Beds
  • 3 Baths
  • 2,081 Sqft
  • 5,532 Sqft lot
  • Updated: October 14
  • Source:
    The MLS (CLAW)  MLS#26101877

About the Property

**PROPERTY CAN BE DELIVERED VACANT BY THE CLOSE OF ESCROW** Santa Monica original with serious style, flexibility, income and upside. Tucked into the heart of Santa Monica’s vibrant Broadway Arts District, this charming Spanish-style triplex is the kind of property that doesn’t come along every day. The property features three completely separate homes, offering privacy, versatility, and multiple
**PROPERTY CAN BE DELIVERED VACANT BY THE CLOSE OF ESCROW** Santa Monica original with serious style, flexibility, income and upside. Tucked into the heart of Santa Monica’s vibrant Broadway Arts District, this charming Spanish-style triplex is the kind of property that doesn’t come along every day. The property features three completely separate homes, offering privacy, versatility, and multiple ways to make the property work for you. One of the one bedroom cottages enjoys a den. Full of character and opportunity, it puts you right in the middle of the action-just moments from creative studios, art centers, the Santa Monica Co-Op, Metro Rail, and an eclectic mix of local shops, dining, and events. The beautifully remodeled front home is vacant and the two rear cottages are month to month with a lush private front yard and a spacious rear courtyard that sets the stage for morning coffee, weekend entertaining, or laid-back Santa Monica evenings with friends. Meanwhile, the two rear residences generate $5,000/$60,000 annual rental income, excluding the vacant front home, creating an exciting opportunity for an owner-occupant, multigenerational living setup, or investor looking to maximize the property’s potential. Two of the three residences also feature in-unit laundry for an added layer of convenience. Live in one. Rent the others. Hold for the future. However you choose to use it, this is a rare chance to own a piece of Santa Monica with character, income, and flexibility built in. Welcome to your Santa Monica story. *OFFER DEADLINE WEDNESDAY OCTOBER 21st @ 5PM*
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  • Property type

    Other

  • Floors

    1

  • Year built

    1939

  • Price/sqft

    $1,006

Features

  • Garden
  • Terrace
  • Washer Dryer
  • Outdoor Living Space
  • Gate
  • Stone Countertops

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1434 24th Street, Santa Monica, California, United States View on Google Maps
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Create - Santa Monica
California, United States
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2025
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Create - Santa Monica
Santa Monica, California, United States
View agency profile
Last updated
October 14
First listed
October 14
Listing reference
26101877
Listing status
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