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    2019 18th

    Santa Monica, CA 90404
    • $3,250,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: ML81832551
    UPDATED: 34 min ago
    $3,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,050
      SQFT
    • $1,585
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    INCREDIBLE OPPORTUNITY JUST GOT BETTER! Neighborhood Commercial Zoning across from Santa Monica College. THREE WONDERFUL HOUSES on an OVERSIZED LOT with 160 long driveway. Each house has privacy, each with separate courtyards, laundry, tall fences and gated grounds. Higher ceilings, skylights and lots of windows provide abundant natural light and air flow throughout. Overhanging avocado, mature pomegranate and other trees provide tranquility in the heart of the city. Steps away from SMC and high-traffic Pico Blvd. 1.5 mile from Santa Monica Beach. Tremendous redevelopment potential due to rare zoning NC / R2 / SRO (neighborhood commercial, residential, dorm). CA mandates Santa Monica to build 8,000 housing units by 2029 and Santa Monica College has about 30,000 students in need of housing. Invest now, with option for lucrative redevelopment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-11T12:34:15.363. 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 deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/114783398
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    2019 18th Santa Monica, CA 90404

    • Price: $3,250,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: ML81832551
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,050
    SQFT
    $1,585
    $/SQFT
    1946
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    INCREDIBLE OPPORTUNITY JUST GOT BETTER! Neighborhood Commercial Zoning across from Santa Monica College. THREE WONDERFUL HOUSES on an OVERSIZED LOT with 160 long driveway. Each house has privacy, each with separate courtyards, laundry, tall fences and gated grounds. Higher ceilings, skylights and lots of windows provide abundant natural light and air flow throughout. Overhanging avocado, mature pomegranate and other trees provide tranquility in the heart of the city. Steps away from SMC and high-traffic Pico Blvd. 1.5 mile from Santa Monica Beach. Tremendous redevelopment potential due to rare zoning NC / R2 / SRO (neighborhood commercial, residential, dorm). CA mandates Santa Monica to build 8,000 housing units by 2029 and Santa Monica College has about 30,000 students in need of housing. Invest now, with option for lucrative redevelopment.
    Exterior Features

    Architectural Style Patio Home Carport Spaces 0 Foundation Details BlockFha ApprovedSee RemarksTie Down Lot Features Back YardNear Public Transit Parking Features On SiteOff StreetOn StreetUncovered Parking Total 0 Roof Asbestos ShingleFlatShingleTile

    Interior Features

    Accessibility Features None Appliances DishwasherElectric RangeFree-Standing RangeDisposalGas RangeOvenPropane OvenPropane RangeRangeWater Softener Flooring Wood Heating Radiant Heating YN Yes Interior Features High Ceilings

    Property Features

    Cap Rate 3.53 Garage YN No Gross Scheduled Income 132000 Insurance Expense 1200 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 1200 Special Listing Conditions Standard Trash Expense 0 Zoning Smc2

    Listing provided courtesy of Lynne Tran of Intero Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-11T12:34:15.363. 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 deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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