943 2nd Street Santa Monica, CA ^$ 8,200,000

943 2nd Street

^$ 8,200,000

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943 2nd Street

Santa Monica, CA, 90403

^$ 8,200,000

Studio Baths0.0 Sq 14,544

Monthly Estimate*

^$ 57,279

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $8,200,000. This 14,544 square foot home was built in 1955 on a lot size of 0.34.

HUGE $1,000,000 REDUCTION FROM ORIGINAL LIST PRICE!!! Bring all offers. We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe. 937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.

Multi-Family Active

Price

^$ 8,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.34

Year Built

1955

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024358269

Features

General

Heating Wall Furnace

Zoning SMR3*

Year Built 1955

Levels Multi/Split

County Los Angeles

Net Operating Income 332427.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Santa Monica

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Square Feet 15017.0

Street Name 2nd

Additional Parcels Y/N Yes

Standard Status Active

Year Built Source Assessor

Buyer Agent Compensation Type %

Exterior

Parking Features Assigned

Lot Size Area 15017.0

Building Area Total 14544.0

Lot Size Acres 0.34

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Jonathan Taksa

Listing Agent

Remax Commercial And Investment Realty

Broker

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$57,279

Per Month

Monthly Principal & Interest: $57,279
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$3,863,099

Percent of Sale Price 53%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$8,200,000	-2.96%	Price Down
4/12/2024	$8,450,000	-2.82%	Price Down
3/19/2024	$8,695,000	-2.85%	Price Down
2/29/2024	$8,950,000	-2.66%	Price Down
2/15/2024	$9,195,000		Listed Price

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943 2nd Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $8,200,000 with 14,544 sqft and a lot size of 0.34. 943 2nd Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 90403 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/7/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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943 2nd Street

Multi-Family Home for sale in Santa Monica, CA

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