$1,360,000
$1,399,950
2.9%For more information regarding the value of a property, please contact us for a free consultation.
6,490 Sqft Lot
SOLD DATE : 02/04/2015
Key Details
Sold Price $1,360,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR14180496
Sold Date 02/04/15
HOA Y/N No
Year Built 1949
Tax Year 2013
Lot Size 6,490 Sqft
Property Description
BOM...FURTHER PRICE REDUCTION!! Subject to canx of previous escrow. Great opportunity to invest in duplex in the Sunset Park area of Santa Monica. The property offers over 2700 sq feet with plenty of room on the property for possible expansion .....buyers to do their own investigations. The front unit is 2BR/2BA with fireplace....approx. 1300 square feet. REAR UNIT IS NOW VACANT WITH SUPRA...and has been painted inside with new flooring and features central AC. The property features a wonderful covered patio for each unit facing the western sunsets. There is a large grassy area in the rear of the property next to a detached 2 car garage with automatic garage opener.There is a tenant in the front unit ...please do not disturb. This duplex had been occupied by family members at reduced rental rates which reflects in the low ROI. Adjacent properties on this street have been modified or rebuilt and offer 4-8 rental units. This a tremendous investment opportunity in one of the nicest area of Santa Monica. Buyers to do their own investigations and due diligence. Listing agent suggests that all potential clients be aware of the attached supplement regarding the Santa Monica Rent Control Board.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Heating Central
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Sewer Available
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 4284015009
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Feliza Kohan • Coldwell Banker Residential Br