828 Hill st, Santa Monica, CA 90405
Active
$2,295,000
8%
3 Units
4 Beds
3 Baths
1,796 Area(sq.ft.)
Lot: 6,051 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | n/a | n/a | $ 5,500 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,900 | $ 1,976 | $ 2,300 |
| Unit 3 | 1 | 1 | 1 | No | n/a | n/a | $ 2,700 |
| 3 | 4 | 3 | $ 1,900 | $ 1,976 | $ 10,500 |
| MLS #: | 25-484127 |
| Days On Market: | 317 |
| Listing Date: | January 23, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,278 |
| Price per unit: | $ 765,000 |
| Year Built: | 1951 |
Property Details
Beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st Santa Monica and the Beach. This trophy triplex offers a front 2 bd 1 ba house delivered vacant and bacl large 1 bd unit delivered vacant. Hard wood floors, new quartz counters, and a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Potential upside in rents to a $123,000 per year and amazing owner/user with front house and back 1 bd unit delivered vacant.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 101,520 |
| Total Annual Expense: | $ 9,800 |
| Net Operating Income: | $ 60,532 |
| Gross Annual Income: | $ 101,520 |
| Gross Rent Multiplier: | 24.00 |
Structure
| Type of Units: | 3 |
| Buildings: | 3 |
| Levels: | One |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | Covered Parking, Driveway |
Interior
| AC/Cooling: | Wall/Window |
| Equipment: | Dishwasher, Dryer, Ceiling Fan, Garbage Disposal, Microwave |
| Heating: | Wall |
Exterior
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