REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,994,999
Est. payment | /mo
5,100 SqFt
$ 2,994,999
Est. payment | /mo
5,100 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $587
MLS Listing ID CL25495711
HOA Y/N No
Year Built 1927
Lot Size 8,023 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
Presenting an incredible value-add opportunity in the heart of Santa Monica! This property comes RTI for a 7-unit apartment building. The plan features a tasteful demo/renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows. A can't-miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles.
Location
State CA
County Los Angeles
Zoning SMR2
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4277009003
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jacqueline Chernov • Compass