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2602 3RD St

Santa Monica, CA 90405
  • $3,395,000
  • STATUS: Active
  • ON SITE: 164 Days
  • ID#: 21-752000
UPDATED: 75 min ago
$3,395,000
  • 4
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,603
    SQFT
  • $1,304
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

Once in a lifetime opportunity to own a Charming Craftsman historical 4 plex , steps to Main St. & two blocks to THE BEACH! This storybook property consists of a main Craftsman architectural house with an adorable porch , fireplace, 2 bed / 1 bath, a huge finished basement, back yard, separate garage with parking for 4 cars in the private drive! Second unit is a large, renovated permitted studio with a private entrance. Additional features include TWO free standing cute craftsman bungalows, each 1 bed 1 bath, serene front porches, private fenced back yards- perfect for entertaining! Washer/ Dryers and hardwood floors in all units except the studio. Endless opportunities to own your own fenced/ walled compound consisting of almost a full block! T.I.C. the units and generate an outstanding return! This property also has fabulous TAX advantages with Mills Act designation, save on taxes! Stroll to Main Street, then to the BEACH! Great Restaurants, Coffee houses, shops and more! Experience Santa Monica at its finest!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-04T22:42:39.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.cgluxuryhomesla.com/homes/118594550
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2602 3RD St Santa Monica, CA 90405

  • Price: $3,395,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 75 min ago
  • ID#: 21-752000
4
Beds
0
Baths
0
½ Baths
N/A
Acres
2,603
SQFT
$1,304
$/SQFT
1910
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
Once in a lifetime opportunity to own a Charming Craftsman historical 4 plex , steps to Main St. & two blocks to THE BEACH! This storybook property consists of a main Craftsman architectural house with an adorable porch , fireplace, 2 bed / 1 bath, a huge finished basement, back yard, separate garage with parking for 4 cars in the private drive! Second unit is a large, renovated permitted studio with a private entrance. Additional features include TWO free standing cute craftsman bungalows, each 1 bed 1 bath, serene front porches, private fenced back yards- perfect for entertaining! Washer/ Dryers and hardwood floors in all units except the studio. Endless opportunities to own your own fenced/ walled compound consisting of almost a full block! T.I.C. the units and generate an outstanding return! This property also has fabulous TAX advantages with Mills Act designation, save on taxes! Stroll to Main Street, then to the BEACH! Great Restaurants, Coffee houses, shops and more! Experience Santa Monica at its finest!
Exterior Features

Covered Parking 2 Direction Faces North Exterior Construction BrickCombinationConcreteWood Siding Garage Structures Total 1 Levels Ground Level Lot Description 2-4 Lots Lot Location Corner Lot Lot Size Area 6472 Other Structures None Parking Garage DetachedDrivewayGarage Is Detached Patio Features Patio OpenCovered Porch Paved YN Yes Pool Description None Pool YN No Roof AsphaltCompositionShingle Spa None Spa YN No Sprinklers None Style Bungalow Tennis Court None Tennis YN No Total Parking 3 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Cooling None Equipment CableDishwasherDryerHood Fan Fireplace Rooms GasLiving Room Foundation Details BlockPier And Beam Heating FireplaceWall Gas Water Heater Features Gas

Property Features

ADACompliance Yes Alley YN No Gross Income 110976 Gross Operating Income 115415 Like Units1 1 Like Units2 0 Like Units3 1 Like Units4 1 Net Operating Income 92643.00 Number Of Buildings 3 Number Of Units 4 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Tenant Pays Cable TvGardenerElectricity Total Annual Expense 10653 TVServices Cable Tv Type Of Units 4 Plex Water In StreetMeter On Property Water Heaters YN Yes Year Built Source Other Zoning Smop2*

Listing provided courtesy of Ian Brooks DRE#00954065 of Berkshire Hathaway Homeservices California.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-04T22:42:39.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Compass California
2115 Main Street
Santa Monica CA, 90405