Santa Monica, CA 90405,1042 Bay ST

$1,360,000

$1,399,950

2.9%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by Earl Richards • Berkshire Hathaway HomeServic
Bought with Feliza Kohan • Coldwell Banker Residential Br
agent-avatar

+1(661) 400-5671

mellytheagent@gmail.com

California, United States

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