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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$1,470,000
Est. payment /mo
3 Beds
3 Baths
1,122 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,122 sqft
Price per Sqft $1,310
MLS Listing ID CRSB25219948
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1948
Lot Size 3,357 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
**Seller is offering a rate buy down on this INCOME PRODUCING TRIPLEX to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,000! This property and rate will not last! After net expenses, a buyer could expect to pay approximately $1,993 per month which is less than the average rent in Santa Monica!** This turnkey Mid-Century style triplex is located in the heart of Santa Monica's Sunset Park, just steps from everything Ocean Park Blvd has to offer. It's perfect for someone looking to live in one unit and rent out the others.The property includes two fully remodeled vacant 1-bedroom units and a studio unit, allowing a buyer the opportunity to move in immediately at the close of escrow. Each unit features hardwood floors, vaulted ceilings, recessed lighting, AC, and stylish finishes like backsplash tile and stainless steel appliances in the kitchen. The one-bedroom units each enjoy a huge private fenced patio which will extend your living and entertaining space, especially for those beautiful Santa Monica summer days. As a bonus, this gives a big boast to your potential rental income. Major system upgrades include copper plumbing, updated drain lines, updated electrical, and new water heaters, giving peace of mind to any buyer. Additionally, on-site sto
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Pool None
View Other
Private Pool false
Building
Story 1
Water Public
Schools
School District Santa Monica-Malibu Unified
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