Property
Beds
16
Full Baths
None
1/2 Baths
None
Year Built
1961
Sq.Footage
7,080
We are pleased to present an exceptional 6-unit investment opportunity located in the heart of Santa Monica.This rare offering includes an incredible newly built 6-bedroom, 5-bath townhome-style owner's units panning approximately 3,080 square feet, representing one of the most extraordinary owner-user opportunities available in Santa Monica today. The owner's unit has been thoughtfully designed to allow for versatile use it can function as a single expansive 6-bedroom residence or be configured as two separate 3-bedroom, 2-bath living quarters ,providing flexibility for multigenerational living, partial rental income, or dual occupancy.The remaining five units feature an ideal mix of 2-bedroom floor plans, each offering tremendous rental upside and excellent natural light. The property has been family-owned and meticulously maintained for many years, providing both stability and strong income potential. With the impressive income from the five rental units, an owner-occupant can significantly offset any mortgage costs while enjoying the luxury and scale of the custom-built main residence.Ideally situated on a beautiful, tree-lined street, the property enjoys close proximity to Brentwood, Culver City, and Century City, offering convenient access to major employment hubs, studios, and entertainment destinations. Residents benefit from being just minutes away from Santa Monica's world class dining, high-end shopping, and vibrant nightlife, as well as the beach and the bustling Montana Avenue and Wilshire Boulevard corridors. This is a generational opportunity to acquire a premier multifamily asset with both strong in-place income and significant upside potential perfectly suited for an owner-user or investor seeking longterm appreciation and flexibility in one of Los Angeles' most sought-after coastal markets.
Features & Amenities
Interior
-
Total Bedrooms
16
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Central, Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned, Garage
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1697
-
Property Type
Residential Income
Price
-
Sales Price
$3,990,000
-
Sq. Footage
7, 080
-
Price/SqFt
$563
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Taksa , Remax Commercial and Investment Realty
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