$1,395,000
Investor or Owner-User Opportunity in Prime Santa Monica! Exceptional chance to own a versatile property with tremendous upside potential in one of the Westside's most desirable locations. The property features a detached 3-bedroom, 2-bathroom front house and a separate rear 3-bedroom, 2-bathroom unit with a den, offering flexibility for renovation, redevelopment, multi-generational living, or income production. The front house is tenant-occupied, providing immediate rental income, while the rear unit is vacant and ready for improvements or owner occupancy. Ideally located just one block from the Metro E Line station with convenient access to the 10 Freeway, this property offers outstanding accessibility and long-term value. Perfect for an owner-user seeking supplemental income or an investor looking to maximize the property's potential. Live in one unit and rent the other, or explore redevelopment possibilities in this sought-after Santa Monica location. Please note: both the front house and rear unit include a non-conforming bedroom and bathroom. The Los Angeles County Assessor currently reflects the property as a single-family residence; however, the property contains two separate structures with individual gas and electric meters. The City of Santa Monica has confirmed the property as a two-unit residence.
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Listed by Victor Gonzalez with Horizon Real Estate Management Group (323) 848-4948
Property Type
Residential Income
Status
Active
MLS Number
26830249
Year Built
1951
Lot Size
5,014 sq ft