Address
2618 2Nd Street Santa Monica, CA
Price
$ 2,725,000
Property Attributes
  • MLS#0021725374
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90405
  • StyleBungalow
  • Price$ 2,725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2366
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Transwestern Property Company West, Inc.
Data Source:
California Desert Association of REALTORS
Property Description

SEE OM IN DOCS SECTION OF LISITNG. 2618 2nd Street is a turnkey three-unit complex comprised of two buildings: A 910-square foot freestanding bungalow constructed in 1907 and a 1,456-square foot two-unit building constructed in 1928. All the units are large 2bed+2bath units. Both buildings are walk-up buildings situated on a 2,502-square-foot lot. Each unit has its own private entrance. All of the units have been meticulously upgraded with upscale finishes and appliances. Each unit is equipped with a tankless hot water heater, dishwasher, and stackable washers and dryers. An investor will enjoy significant cashflow from day one. The location and unit types will allow an investor to increase rents as units become vacant. Parking is provided on street with permits. Each of the units are separately metered for gas and electricity. The plumbing has been updated to all-copper plumbing.

Price History
4/29/2021 Listed $2,725,000

General Features

Architectural Style Bungalow
MLS Area C14 - Santa Monica
Parking Features Permit Required
Pool Features None
Senior Community Y/N No
Zoning SMOP2*

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Total Stories 2

Exterior Features

Building Area Total 2366.0
Foundation Details None
Land Lease Type Fee
Lot Size Acres 0.05
Lot Size Area 2502.0
Lot Size Square Feet 2502.0
Lot Size Units Square Feet
Numberofunitsbuildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90405

Price
AVG $3.9M
$2.73M
Year Built
AVG 1941
1907

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