2709 Santa Monica Boulevard Santa Monica, CA $ 3,985,000
2709 Santa Monica Boulevard
$ 3,985,000
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2709 Santa Monica Boulevard

Santa Monica, CA, 90404
$ 3,985,000
Baths0.0 Sq 4,393

Monthly Estimate*

$ 27,836

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $3,985,000. This 4,393 square foot home was built in 1946 on a lot size of 0.17.

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

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Multi-Family Active

Price

$ 3,985,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1946

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024367013

Features
General
Heating Wall Furnace
Zoning SMC4*
Year Built 1946
Levels Two
County Los Angeles
Net Operating Income 120388.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Santa Monica
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Square Feet 7522.0
Street Name Santa Monica
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Heating Y/N Yes
Street Suffix Boulevard
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Garage Driveway
Lot Size Area 7522.0
Building Area Total 4393.0
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Victoria Risko

Listing Agent

The Beverly Hills Estates

Broker

Affordability Calculator

$27,836
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,836
Monthly Property Taxes
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Monthly Home Insurance
--
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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$3,985,000 Listed Price

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2709 Santa Monica Boulevard, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $3,985,000 with 4,393 sqft and a lot size of 0.17. 2709 Santa Monica Boulevard is a studio with 0.0 baths and was built in 1946. The property's zip code is 90404 which is in Santa Monica, CA