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Alfredo Guzman

alfredoguzmanre@gmail.com +1(562) 786-5418

$ 2,995,000

Est. payment | -/mo

5,027 SqFt

Save

$ 2,995,000

Est. payment | -/mo

Save

5,027 SqFt

Open House

Tue Jul 28, 11:00am - 2:00pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,027 sqft

Price per Sqft $595

MLS Listing ID 26862137

HOA Y/N No

Year Built 1955

Lot Size 7,487 Sqft

Property Description

Coastal Santa Monica Compound: A Rare Value-Add Opportunity. Here's your shot at a true Westside trophy: a five-unit property steps from everything that makes Santa Monica special, delivered with four of five units vacant and loaded with upside. Picture this as your own family compound. The front owner's unit lives like a true single-family home: three bedrooms, two baths, great size, fully updated, with two separate outdoor entertaining spaces perfect for indoor-outdoor California living, plus dedicated front parking. This is the kind of unit you move into and never want to leave. Behind it, you'll find beautifully updated, contemporary one-bedroom, one-bath units, with some city views, plus a spacious two-bedroom, one-bath unit, all vacant and move-in ready. One additional two-bedroom, one-bath unit is currently tenant-occupied, offering immediate rental income while you plan your next move. And speaking of upside: three separate existing spaces create the potential to add up to three ADUs, unlocking an estimated additional $65K+ per year in income. For an investor or owner-user looking to maximize value, this is about as good as it gets. Location, location, location. You're 13 blocks to the sand, minutes from the shops and restaurants along Pico and Ocean Park, Santa Monica College, neighborhood parks, tennis courts, and sports fields. Hop on the freeway easily, catch the farmers' market, or stroll to Main Street and the 3rd Street Promenade. Venice's Rose Avenue and Abbot Kinney are just south; Wilshire and Montana are just north. UCLA and Providence St. John's Medical Center are both close by. With the Expo Line only about five blocks away, this property falls within the half-mile transit zone eligible for major development under SB 79. This is a rare combination of lifestyle, location, and long-term upside. Opportunities like this move fast. Schedule your showing today.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Rooms

Other Rooms Shed(s)

Interior

Interior Features Ceiling Fan(s)

Heating Central, Wall Furnace

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

Parking Features Attached Carport, Covered, Door-Single, Driveway, Garage

Community Features Gated

View Y/N Yes

View City Lights

Total Parking Spaces 6

Building

Faces West

Entry Level One,Two

Architectural Style Contemporary

Level or Stories One, Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 4283029003

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Thomas Swanson Exclusive Realty Inc #01248361

Nearby Locations

Alfredo Guzman

License ID: 01407137

+1(562) 786-5418 | alfredoguzmanre@gmail.com

1817 Euclid ST Santa Monica, CA 90404

Alfredo Guzman

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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1817 Euclid ST