1252 23rd Street, Santa Monica, CA 90404

$2,595,000
10
BD
8
BA
5,428
SqFt

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List Price
$2,595,000
Status
ACTIVE
MLS#
26875531
Year Built
1965
Bedrooms
10
Bathrooms
8
Living Sq. Ft
5,428
Lot Size
5,319
Acres
0.12
Days on Market
15
Property Type
Multifamily
Stories
Multi Level

Property Description

Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.

Additional Information

Cooling Description
None
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Wes Wellman (wes@wellmanproperties.com) from Listing Office: Wellman Realty Co..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.