Tregg Rustad
This listing was posted on RealtyWW.
$2,099,000
Home For Sale In Santa Monica, California
Price:
$2,099,000
BR/BA:
4 BR, 3 BA
Location:
710 Bay St, Santa Monica, CA
Description:
Pride-of-ownership TRIPLEX in the heart of Ocean Park, moments from cafes, shops, Joslyn dog park, Main St and the beach. This updated 1950's courtyard property evokes a quieter, mellow beach era and includes two 1 bed +1 bath units and one 2 bed + 1 bath rear unit with its own private patio/yard area with mature shade trees. Each unit offers unique, tasteful and charming finishes, along with two parking spaces, hardwood floors, and updated kitchen and bathroom. The property provides a shared laundry room furnishing extra monthly income. One unit (Unit B, a 1bd, 1ba) will be delivered vacant. The other two units are occupied with solid, but not full market value rents. Gross income with actual rents for the two occupied units and projected rent for the one vacant unit is appx. $116, 364/yr (including laundry income). Current operating expenses approx. $7, 931/yr (excluding taxes and mortgage). Bonus: Santa Monica triplexes can be exempted from Santa Monica rent control if one unit is owner occupied (buyer to verify with City). A perfect opportunity for an owner who wants to offset the mortgage, or an investor looking for a foothold in a high rent/high quality tenant area of Santa Monica.For more details: https://realtyww.info/homes_santa-monica-d526236/for-sale_i70873976
Property Type:
Single-Family Houses
Amenities:
Parking, Patio/Deck, Wood Floors
Posted:
April 20 on RealtyWW
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More About this Listing: Home For Sale In Santa Monica, California
Home For Sale In Santa Monica, California is a Four Bedroom 3.5 Bath Single-Family Homes for Sale at 710 Bay St in Santa Monica CA. Find other listings like Home For Sale In Santa Monica, California and listings near 710 Bay St by searching Oodle Classifieds for Four Bedroom 3.5 Bath Single-Family Homes for Sale in Santa Monica CA.
Home For Sale In Santa Monica, California is a Four Bedroom 3.5 Bath Single-Family Homes for Sale at 710 Bay St in Santa Monica CA. Find other listings like Home For Sale In Santa Monica, California and listings near 710 Bay St by searching Oodle Classifieds for Four Bedroom 3.5 Bath Single-Family Homes for Sale in Santa Monica CA.