Active
$2,800,000
4 Units
9 Beds
7 Baths
4,465 Area(sq.ft.)
Lot: 5,236 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2.50 | No | $ 5,164 | $ 5,164 | $ 7,500 |
| Unit 2 | 2 | 2 | 2 | No | $ 2,950 | $ 2,950 | $ 3,300 |
| Unit 3 | 3 | 2 | 2 | No | $ 2,714 | $ 2,714 | $ 3,600 |
| Unit 4 | 4 | 2 | 1 | No | $ 2,677 | $ 2,677 | $ 3,200 |
| 10 | 21 | 17 | $ 29,910 | $ 29,910 | $ 37,700 |
| MLS #: | 25544025 |
| Days On Market: | 191 |
| Listing Date: | May 28, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 627 |
| Price per unit: | $ 700,000 |
| Year Built: | 1970 |
Property Details
The most compelling feature of this 4-unit building is its uniqueness. There are few if any properties with this mix of units, lot size, and square footage. What makes this building stand out is the front unit which can be owner-occupied while still generating income from the remaining units. This is an especially attractive feature in today's market, where many families are seeking stable, multi-functional housing options.Unit mix: Unit A, Owner's unit 3+2.5 townhouse, Appx 1800 sqft, totally remodeled, fireplace, 2 car private garage, 2 balconies, view, laundry inside. Unit B, 2+2 Appx 1000 sqft, great floor plan, Bamboo floors, remodeled kitchen, walk-in-closet. Unit C, 2+2 Appx 1000 sqft, great floor plan, Bamboo floors, remodeled kitchen, balcony, walk-in-closet. Unit D, 2+1 above parking area, appx 900 sqft, lovely unit filled with natural light. Additional Features: Laundry room for the 3 unit (appx $75 mo, ), 4 carport parking, Both Building & Balconies have been retrofitted, New fences, Artificial grass. Great location: 1 block away from place of worship, 2 blocks away from Metro Station connecting you to Santa Monica Beach and or Downtown Los Angeles, Ez access to freeway 10 & 405.... **A true unique gem in Santa Monica.**Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 163,042 |
| Total Annual Expense: | $ 102,776 |
| Net Operating Income: | $ 60,266 |
| Gross Annual Income: | $ 162,042 |
| Gross Rent Multiplier: | 17.17 |
| Actual Gross Rent: | $ 163,042 |
Structure
| Type of Units: | mixed |
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | Gated |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | Carport, Garage - 2 Car, Garage Is Attached, Carport Attached, Driveway, Door Opener |
Interior
| AC/Cooling: | None |
| Equipment: | Ceiling Fan, Dishwasher, Garbage Disposal, Refrigerator, Range/Oven, Freezer |
| Heating: | Radiant |
| Fireplace Rooms: | Living Room |
| Laundry: | In Unit, Room, Community |
Exterior
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