1223 23rd Street Santa Monica, CA $ 2,995,000
1223 23rd Street
$ 2,995,000
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1223 23rd Street

Santa Monica, CA, 90404
$ 2,995,000
Baths0.0 Sq 5,304

Monthly Estimate*

$ 20,921

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,995,000. This 5,304 square foot home was built in 1961 on a lot size of 0.12.

Don't miss this rare opportunity to own a one of a kind fourplex in a highly sought after Santa Monica neighborhood! This property boasts a front unit ideal for an owner-user, designed as a spacious 2-level townhouse with all the comforts of a home. The 3 bedroom & 2 bath unit features a large primary bedroom with sitting area and convenient ensuite bath on the first floor with the other two large bedrooms and one bath on the second floor all with ample closet space. A dedicated washer and dryer room with back door as well as a 1-car garage provides secure parking and storage space. The remaining 3 units each offer 2 bedrooms and 1.5 bathrooms with balcony. All 4 units have beautifully renovated open kitchens, stainless steel appliances, tile, wood flooring and overall fantastic layouts providing comfortable living spaces.. The property offers private gated entrances with keyless entry as well as a digital door lock for each unit. A shared laundry room on site adds convenience for all residents. The building underwent a seismic soft story retrofit in 2020. This property's ideal proximity to the area's finest amenities, from trendy shops and restaurants to parks and just a short distance to Whole Foods and Trader Joe's makes this the ideal lucrative investment and a place to call home. Property is currently owner occupied and can be delivered vacant or with a seller leaseback at close of escrow.

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Multi-Family Contingent

Price

$ 2,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

1961

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024370605

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning SMR2*
Year Built 1961
Levels Two
County Los Angeles
Net Operating Income 133583.0
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 5326.0
Street Name 23rd
Standard Status Active Under Contract
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Dishwasher Refrigerator
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Total Baths 0
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Exterior
Parking Features Garage - Single Door Driveway Attached Carport
Lot Size Area 5326.0
Building Area Total 5304.0
Lot Size Acres 0.12
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Benjamin J. Hsiang

Listing Agent

Realty Investment Advisors, 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$2,995,000 Listed Price

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1223 23rd Street, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $2,995,000 with 5,304 sqft and a lot size of 0.12. 1223 23rd Street is a studio with 0.0 baths and was built in 1961. The property's zip code is 90404 which is in Santa Monica, CA