Malibu CA Real Estate & Commercial for Sale


Showing Homes Nearby Malibu, CA
Beds:
n/a
Baths:
Sq.Ft.:
4,601
Status:
Active
MLS#:
CL24361067
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Arthur Peter - PAR Commercial Brokerage Arthur Peter [email protected]
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Building was remodeled in 2013-2014 | Move-in ready creative office with state-of-the art recording/mixing studio in prime Downtown Santa Monica location

Beds:
n/a
Baths:
Sq.Ft.:
4,368
Status:
Active
MLS#:
24383839
Type:
Other
Lot size:
0.1 Acres
Year built:
1948
Courtesy: Jennifer Hughes - Compass Jennifer Hughes
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In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a reality!

Beds:
n/a
Baths:
Sq.Ft.:
4,368
Status:
Active
MLS#:
24383839
Type:
Business Opportunities
Lot size:
0.1 Acres
Year built:
1948
Listing Agent: Jennifer Hughes CalDRE: 01440438 - Compass Jennifer Hughes CalDRE: 01440438
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In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a reality!

Beds:
n/a
Baths:
Sq.Ft.:
4,368
Status:
Active
MLS#:
CL24383839
Type:
Business Opportunities
Lot size:
0.1 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Jennifer Hughes - Compass Jennifer Hughes [email protected]
View additional info

In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a real

Beds:
n/a
Baths:
Sq.Ft.:
4,741
Status:
Active
MLS#:
CL24373103
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1948
A broker reciprocity listing Courtesy: John Barrentine - Keller Williams Larchmont John Barrentine [email protected]
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**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, a

Beds:
n/a
Baths:
Sq.Ft.:
7,098
Status:
Active
MLS#:
CL24363513
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Sean Rosenzweig - Marcus & Millichap Sean Rosenzweig [email protected]
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We are pleased to offer the opportunity to acquire 1323 11th Street, a 10 unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located only 0.7 miles from the 3rd Street Promenade and provides easy access to everyday amenities. Consisting of one building on a 7,485 square foot parcel, the property is comprised of seven one-bedroom units, and three two-bedroom units. Current Ownership has extensively renovated 80 percent of the units and feature new flooring throughout, newly remodeled kitchen with modern quartz countertops, new stainless-steel appliances, stainless-steel dishwasher, stainless-steel stove/oven, large farmhouse style stainless-steel sink, large open dining area and living room area. Renovated Units also include new remodeled bathrooms, modern vanity, spacious closets, and cabinet space throughout unit. 1323 11th Street provides investors a rare buying opportunity that provides an immediate healthy income stream, with remaining rental upside in a prime coastal market.

Beds:
n/a
Baths:
Sq.Ft.:
6,524
Status:
Active
MLS#:
CL24380165
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1948
A broker reciprocity listing Courtesy: Chase Simonton - RE/MAX One Chase Simonton [email protected]
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901 19th Street is the perfect Owner-User opportunity in Santa Monica. A huge, 3-bedroom, 2.5 bathroom townhouse-style front unit can be delivered vacant at close of escrow. The 6 other units bring in good income to subsidize the mortgage, yet still have tremendous upside potential for future rental growth. Located just 1 block from Montana Ave and all the trendy restaurants and shops Santa Monica has to offer, this prime North of Wilshire 90403 location is near impossible to beat. Please do not disturb the tenants. Call listing agents for a potential tour of he front unit. All other units will be shown only upon an accepted offer.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
CRSR24024749
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Paul Baccino - Equity Union Paul Baccino [email protected]
View additional info

An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joes, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
CRSR24024760
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Paul Baccino - Equity Union Paul Baccino [email protected]
View additional info

An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joes, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.

Beds:
n/a
Baths:
Sq.Ft.:
7,180
Status:
Active
MLS#:
SR24024760
Type:
Multi-Family, Business Opportunities
Lot size:
0.18 Acres
Year built:
1959
Listing Agent: Paul Baccino CalDRE: 01971933 - Equity Union, 310-359-5598 Paul Baccino CalDRE: 01971933
View additional info

An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joes, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.

Beds:
n/a
Baths:
Sq.Ft.:
9,230
Status:
Active
MLS#:
CL24353601
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1969
A broker reciprocity listing Courtesy: David Schuchman - Roque & Mark Company, Inc. David Schuchman [email protected]
View additional info

$150,000 PRICE REDUCTION!! Ultimate OWNER/USER opportunity in the Franklin School District of Santa Monica! True pride of ownership building located steps to Montana Ave and North of Wilshire. Front owner townhome is a 3 bed + 3 bath with approx. 2,300 sf of living space and a huge 2-car attached garage with separate laundry area, just for this unit. Perfect layout for a family and has a lovely front patio area. Large building with over 9,200 sf of living area on an 8,000 sf lot. Excellent unit mix consisting of (1) 3 bed +3 bath owner townhouse, (2) 3 bed + 3 bath, (3) 2 bed + 2 bath, and (1) 1 bed + 1 bath. Excellent parking with 7 individual spaces and 13 spaces total if used as tandem. Every unit comes with a storage unit in the parking area. Gated entry for added security. Substantial capital improvements to the entire building including copper plumbing, dual pane windows throughout, new electrical panel, interior remodels, and more. Soft-story retrofit was completed after earthquake and is not required. Subject to Santa Monica rent control.

Beds:
n/a
Baths:
Sq.Ft.:
10,384
Status:
Active
MLS#:
CL24383995
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete [email protected]
View additional info

We are proud to present 1311 Euclid Street, a 11 unit multifamily property in Santa Monica, CA. Built in 1968, this 10,384 square foot property sits on a 0.17 acre lot and it boasts a strong unit mix of three 1 bed/1 bath, two 2 bed/1 bath, two 2 bed/2 bath, and three 3 bed/2 bath units. The subject property resides less than one and a half miles from the beaches of Santa Monica and hubs for shopping, entertainment, restaurants, and nightlife for beach city locals. The property offers ample carport parking at the rear alley and side of the building. To enhance the quality of living for residents, the property features a smoke-free environment, security systems, cable ready, storage spaces, laundry facilities, stainless steel appliances, controlled access, walk-in closets, patios and balconies. The property is also being offered with an attractive assumable loan with a $2,550,000 remaining balance at a 4.56% interest rate fixed through 2027. This offers lower overall costs to a buyer in our current higher-rate environment. The City of Santa Monica has undergone a remarkable transformation in recent years, emerging as a thriving hub for technology companies and attracting a wave of young, skilled professionals seeking dynamic job opportunities. With its vibrant ecosystem of startup

Beds:
n/a
Baths:
Sq.Ft.:
10,080
Status:
Active
MLS#:
CL23329815
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1974
A broker reciprocity listing Courtesy: Francyne Lambert - Lambert Investments, Inc. Francyne Lambert [email protected]
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1518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Moni

Beds:
n/a
Baths:
Sq.Ft.:
6,414
Status:
Active
MLS#:
CRCV23067440
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Peter Mendez - RE/MAX TOP PRODUCERS Peter Mendez [email protected]
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Looking for the perfect investment opportunity in the heart of Santa Monica? Look no further than this stunning 6-unit complex, approximately 11 blocks from the beach and walking distance to the famous 3rd St. Promenade. Built in 1962, this 6414 square foot complex boasts 6 large, well-maintained units that are sure to impress. Whether you're an investor looking for a turn-key rental property or an owner-occupier seeking a slice of coastal paradise, this property is the perfect choice. With a prime location just a short stroll from the beach and all the best shopping, dining, and entertainment that Santa Monica has to offer, this complex is a true gem. And with pride of ownership evident in every detail, you can be sure that you're making a wise investment in your future. So why wait? Contact us today to schedule a showing and see for yourself why this commercial 6-unit complex is the perfect choice for your next investment opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
1,954
Status:
Active
MLS#:
24363805
Type:
Other
Lot size:
0.14 Acres
Year built:
1984
Courtesy: Karen Humphreys - Karen Humphreys Karen Humphreys
View additional info

6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. Could be used for home and business. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Do not disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.

Beds:
n/a
Baths:
Sq.Ft.:
1,954
Status:
Active
MLS#:
24363805
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1984
Listing Agent: Karen Humphreys CalDRE: 01700252 - Karen Humphreys Karen Humphreys CalDRE: 01700252
View additional info

6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. Could be used for home and business. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Do not disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.

Beds:
n/a
Baths:
Sq.Ft.:
1,954
Status:
Active
MLS#:
CL24363805
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1984
A broker reciprocity listing Courtesy: Karen Humphreys - Karen Humphreys Karen Humphreys [email protected]
View additional info

6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. Could be used for home and business. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Do not disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.

Beds:
n/a
Baths:
Sq.Ft.:
5,443
Status:
Active
MLS#:
CL24385721
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1960
A broker reciprocity listing Courtesy: Peter Ciriello - LA Commercial Peter Ciriello [email protected]
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5 of 6 units units vacated by June 1, 2024! 5.58% Cap when 100% Occupied, 13.22 GRM. Priced to sell. Income based on market rents. Front duplex plus rear 4-plex, sold together, two separate parcels. The front duplex is comprised of 2 side-by-side 2+2 1,600 SF townhouses with w/d in unit, fireplaces and private patios - Seller will deliver these units vacant. The rear fourplex comprises four units, each 1+1. Two units are 500 square feet, while the other two are slightly larger at 625 square feet. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Both townhouses (Units #1 & #2) and one 1+1 (Unit A) are currently vacant. Units 1 & 2 will remain vacant for the new Buyer. Unit A has a tenant signing to move in at $2,795 and Unit B & D have given notice to be vacant on June 1. Parking is provided with four garages and one carport on-site. All 4 garages and the carport are rented separately for extra income, all are vacant at the moment (owner was occupying but has now moved). ADU Plans are underway to convert the garages into an additional unit. Street parking is ample. Garages rent for $295/month and carport $195/month, all are currently vacant. An owner user could get a 30 year fixed mortgage with 20% down. Gate is lo

Beds:
n/a
Baths:
Sq.Ft.:
2,800
Status:
Active
MLS#:
CROC24064041
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Lily Jackson - Keller Williams OC Coastal Realty Lily Jackson [email protected]
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Own a 50% interest in this fourplex residential lease building, now for sale. Be a Tenant in Common in this four plex that is 3 blocks from the Santa Monica beach. This is a 100 year old building and needs updating. The price is for 50% interest in the building. Currently the co owner lives in one unit, and three units are rented. This is a great opportunity to fix up the property, and improve it, or get everyone out of the building, and re build. The choice is yours.

Beds:
n/a
Baths:
Sq.Ft.:
7,580
Status:
Active
MLS#:
CRSB24070429
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi [email protected]
View additional info

7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
2,800
Status:
Active
MLS#:
OC24064041
Type:
Multi-Family, Business Opportunities
Lot size:
0.14 Acres
Year built:
1920
Listing Agent: Lily Jackson CalDRE: 01302315 - Keller Williams OC Coastal Realty, 949-290-5974 Lily Jackson CalDRE: 01302315
View additional info

Own a 50% interest in this fourplex residential lease building, now for sale. Be a Tenant in Common in this four plex that is 3 blocks from the Santa Monica beach. This is a 100 year old building and needs updating. The price is for 50% interest in the building. Currently the co owner lives in one unit, and three units are rented. This is a great opportunity to fix up the property, and improve it, or get everyone out of the building, and re build. The choice is yours.

Beds:
n/a
Baths:
Sq.Ft.:
5,532
Status:
Active
MLS#:
CL23333469
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1971
A broker reciprocity listing Courtesy: Jonathan Taksa - Remax Commercial and Investment Realty Jonathan Taksa [email protected]
View additional info

INCREDIBLE 5.23 CAP AND 13.43 GIM WITH UPSIDE NEAR THE BEACH!!! One of the BEST priced properties in Santa Monica!! We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed, 1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units) and central HVAC (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main Street, this property is si

Beds:
n/a
Baths:
Sq.Ft.:
8,623
Status:
Active
MLS#:
CL23310071
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Benjamin J. Hsiang - Realty Investment Advisors, Inc. Benjamin J. Hsiang [email protected]
View additional info

PRICE REDUCED FOR FAST SALE! We are pleased to present 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $757 for 1 bedroom units and $898 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are NOT deed-restricted and can be leased out at MARKET rents. Both of the market rate units have been taken down to the studs and will be delivered vacant creating the perfect opportunity for a new owner to customize to their own specifications. The top floor 3 bed 2 bath "owner's unit" which offers incredible amazing city views from the balcony is PERFECT FOR AN OWNER/USER. The property includes a total of 11 parking spaces consisting of a tandem space, two 2-car garages, and seven single spaces. There is potential to convert the two-car garages into market-rate ADUs (Buyer to verify with the city). In total there are six vacant units (3 rent ready and 3 gutted units). Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's

Beds:
n/a
Baths:
Sq.Ft.:
3,950
Status:
Active
MLS#:
CL23336367
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1928
A broker reciprocity listing Courtesy: Timothy Di Prizito - Christie's AKG Timothy Di Prizito [email protected]
View additional info

Discover this fully remodeled California Bungalow building in the coveted area of Santa Monica. There are Five units. All Units are tastefully Upgraded and offer a comfortable and modern living experience. Make your way inside and be greeted by restored wood flooring. Main House with its beautifully redesigned bathroom and standup glass shower enclosure adding a touch of elegance and functionality to your daily routine. All units stands apart as it has no attached walls, offering a sense of privacy and tranquility that feels more like a standalone home. The main house is vacant and great for Owner users. All Units are totally remodeled with New Bathroom and done Showers. In unit Washer and Dryer in the Three Units. Separate two other Studio upstairs and they are Sharing community washer and Dryer. Four Cover Parking garage spaces with alley access. Phenominal Location with easy access to some many top dining, markets, parks, and schools. Embrace the vibrant Santa Monica lifestyle with all the amenities and conveniences at your fingertips. Don't miss the opportunity to call this beautiful building a home and a fantastic generational investment vehicle.

Beds:
n/a
Baths:
Sq.Ft.:
5,355
Status:
Active
MLS#:
CL23315111
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1905
A broker reciprocity listing Courtesy: David Mouallem - David Mouallem David Mouallem [email protected]
View additional info

listing broker is owner


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The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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