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Property Type:Residential Income (Multi-Family)
On Site:20 Days
Lot Size:5,589 Sq. Ft.
Easy and low maintenance, Ready to go 4 unit building on a tree lined street in prime city of Santa Monica. Perfect property for an investors portfolio or an owner-user. Approx 5,600 sq ft lot, zoned SMR2* lot on a triple corner lot allows for great future redevelopment opportunities. Property consists of three 1 bed 1 bath downstairs and a 2 bed 1 bath upstairs which would be ideal for an owner-user. Two of the 1 bed and the 2 bedroom unit have been remodeled with new finishes including newer bathrooms, fixtures & flooring, private patios/yards, fresh paint, newer stainless steel appliances and other upgrades. Larger lot allows for ample parking, two 2 car garages and an additional parking space (5 spaces total) off street. Some units with laundry inside. All units separately metered for gas and electric, keeping landlord expenses low. Mature landscaping and fruit trees all around property. Two of the 1 beds are occupied and one 1 bed and the 2 bed units are vacant. Vacant units rents are projected and are the current asking lease amounts. Vacant units can be shown to serious parties. Vacant units will be shown upon an accepted offer. Seller must sell.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:2117 Stewart Street Santa Monica, CA 90404
Area:(C14) Santa Monica
Total Units: 4
Stories Total: 2
Unit 1: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,000 actual rent•$2,000 total rent•$2,300 pro forma
Unit 6: 2 Units•1 Bed•1 Bath•Unfurnished•$471 actual rent•$471 total rent•$2,000 pro forma
Unit 7: 3 Units•1 Bed•1 Bath•Unfurnished•$2,500 actual rent•$2,500 pro forma
Unit 8: 4 Units•2 Beds•1 Bath•Unfurnished•$3,000 actual rent•$3,000 pro forma
Basement: Cable TV, Electricity, Gas
Parking: Detached Carport, Driveway, Garage, Side by Side
Features / Amenities
Floor Material: Laminate
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Size: 0.12 Acres / 5,589 Sq. Ft.
Directions:On Stewart, North of Pico
Tax and Financial Info
Tenant Pays: Cable TV, Electricity, Gas
Land Lease: No
Gross Annual Income: 7971.00
Legal Disclosures: Listing Broker Advantage
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Listing provided courtesy of P. Peter Gabayan, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of April 18, 2021. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.