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Additional details
$ 1,915,000
Est. payment /mo
Active
2117 Stewart Street Santa Monica, CA 90404
5 Beds
4 Baths
5,589 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV26043221
Bedrooms 5
Lot Size 5,589 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem
Location
State CA
County Los Angeles
Zoning Appraiser
Direction Pico Blvd and South of Kansas Ave.
Interior
Heating Combination Heating, Floor Furnace
Fireplace No
Exterior
Fence Partial, Other/Remarks
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4274031014
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Virtual Tour https://wymangentry.hd.pics/2117-Stewart-St
Listed by Lisa Oliveras, DRE#01141551 Estate Properties
NEARBY SCHOOL & BUSINESS
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