2709 Santa Monica Boulevard Santa Monica, CA $ 3,598,000
2709 Santa Monica Boulevard
$ 3,598,000
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2709 Santa Monica Boulevard

Santa Monica, CA, 90404
$ 3,598,000
Bedrooms4 Baths2.0 Sq 4,393

Monthly Estimate*

$ 25,133

Listed by The Beverly Hills Estates
2709 Santa Monica Boulevard, Santa Monica, CA 90404 - Image 1
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Multi-Family Home for sale in Santa Monica, CA

for $3,598,000 with 4 bedrooms and 2 full baths. This 4,393 square foot home was built in 1946 on a lot size of 0.1727.

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

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Multi-Family Active

Price

$ 3,598,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1727

Year Built

1946

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24367013

Days on Market

67

Features
General
Heating WallFurnace
Appliances Refrigerator Dryer Washer
Zoning SMC4*
Year Built 1946
Stories 2
Levels Two
Gross Income 171984.0
County Los Angeles
Net Operating Income 120388.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions On Santa Monica Blvd Between Princeton and Harvard Street
City Santa Monica
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C14 - Santa Monica
Lot Size Square Feet 7522.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Santa Monica
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 42
Standard Status Active
Cap Rate 3.17
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Exterior
Parking Features Driveway Garage
Total Parking 0.0
Lot Size Area 7522.0
Number of Buildings 3
Spa N
Building Area Total 4393.0
Lot Size Acres 0.1727
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 0
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Boulevard
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 2
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Internal Only
Street Number 1 2709
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* Excluded Features
List By
The Beverly Hills Estates

Broker

(310) 882-0246

Phone

Affordability Calculator

$25,133
Per Month
100%
0%
0%
Monthly Principal & Interest
$25,133
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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$3,598,000 -9.71% Price Down
3/14/2024$3,985,000 Listed Price

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2709 Santa Monica Boulevard, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $3,598,000 with 4,393 sqft and a lot size of 0.1727. 2709 Santa Monica Boulevard has 4 bedrooms, 2.0 baths, and was built in 1946. The property's zip code is 90404 which is in Santa Monica, CA