Property
Beds
9
Full Baths
None
1/2 Baths
None
Year Built
1989
Sq.Footage
3,802
INCREDIBLE OPPORTUNITY IN PRIME SANTA MONICA! Nestled on the very quiet, tree-lined Highland Avenue, within the highly sought-after Silicon Beach area, this gated estate blends classic, elegant beach house charm with calming nature and modern upgrades across two distinct structures, split by a fenced courtyard garden. The home is a short walk to the nearby attractions on Rose Avenue, Main Street, the ocean, Abbott Kinney, and more, with top-rated Santa Monica schools nearby. The front residence is a two-story, four-bedroom, two-bath home of approximately 1,750 square feet, capped by a private rooftop terrace with stunning views. Across the fenced courtyard garden stands a charming duplex built in 1989 featuring a separate entrance and rear parking, boasting two 900 sq. ft two-bedroom single-level apartments, crowned by a spacious 628 sq ft rooftop lounge that offers city, treetop, mountain, partial Pacific views, and a calming natural breeze. On the ground level, you'll find a studio apartment (the owner always kept for family), perfect as a guest suite or potential permitted project for further income. With only a wall between this and the existing four-car garage, there's another potential opportunity for an ADU expansion (Buyer to verify). All units are separately metered for gas and electricity and equipped with separate water heaters, simplifying cost allocation. Both units in the duplex are currently rented for $3,650 (2 bed 1 bath) and $3,750 (2 bed 2 bath) respectively, guaranteeing cash-flow from the onset. The front house residence is currently vacant and has previously rented at $8,000 (4 bed 2 bath). The property has recently undergone significant value-adding upgrades, including upgraded kitchens, baths, new windows, plumbing, new roofing on both buildings, and an entirely new weatherproof, spacious sundeck in the back! Over the previous month, further upgrades were made with new fencing, painting, landscaping, new garage doors for the four-car garage, refreshed common areas, and more. Amazing property and absolutely extraordinary deal.Note: the virtual tour is of the back two 2-bedroom apartments and the studio unit.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
9
-
Bathrooms
N/A
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Fireplace(s)
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Parking
Driveway, Guest
-
Patio and Porch Features
Porch
-
Pool
No
-
View
City Lights, Mountain(s), Ocean, Panoramic
Area & Lot
-
Lot Features
Back Yard, Front Yard
-
Lot Size(acres)
0.1111
-
Property Type
Residential Income
Price
-
Sales Price
$2,395,000
-
Sq. Footage
3, 802
-
Price/SqFt
$629
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Omar Abaza , The Oppenheim Group, Inc.
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