1417 17Th Street Santa Monica, CA $ 2,995,000
1417 17Th Street
$ 2,995,000
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1417 17Th Street

Santa Monica, CA, 90404
$ 2,995,000
Baths0.0 Sq 4,722

Monthly Estimate*

$ 20,921

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,995,000. This 4,722 square foot home was built in 1940 on a lot size of 0.17.

Rare opportunity for an investor or owner/user to acquire a 2018/2019 construction modern-luxury 5 bed/4 bath home and 5 additional (1+1) multifamily units situated on a 7,493 SF lot in prime Santa Monica. The home features beautiful finishes throughout, including an expansive chef's kitchen equipped with Viking appliances, a large center island, Carrera countertops, and custom cabinetry. Additional features include hardwood flooring, a stackable washer and dryer, and central A/C and heat with separate controls for the first and second floor. The bathrooms feature custom cabinetry, Carrera marble, modern fixtures, and mosaic tile finishes. The property is equipped with a camera system, intercom and app-controlled garage door access. The home is currently occupied by a tenant. Also, the oversized lot features (5) 1+1 income producing rental units with significant rental upside. 1 of the 5 units has been renovated with high-end finishes and the building features new exterior paint, a new roof and new landscaping. Investors have the opportunity to implement additional renovations and eventually capture market rents.

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Multi-Family Contingent

Price

$ 2,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1940

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024370481

Features
General
Heating Central
Cooling Central Air
Zoning SMR2*
Year Built 1940
Levels Two
County Los Angeles
Net Operating Income 147271.0
New Construction No
Property Type C
HOA / Comm Assn No
Contingency Active Under Contract
Status Active Under Contract
City Santa Monica
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Square Feet 7493.0
Street Name 17TH
Standard Status Active Under Contract
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Disposal Dishwasher Microwave
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Assigned Garage - Single Door
Lot Size Area 7493.0
Building Area Total 4722.0
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Janet Neman

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$20,921
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,921
Monthly Property Taxes
--
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
3/19/2024$2,995,000 Listed Price

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1417 17Th Street, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $2,995,000 with 4,722 sqft and a lot size of 0.17. 1417 17Th Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 90404 which is in Santa Monica, CA