$1,550,000
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4 Beds
2 Baths
1,540 SqFt
SOLD DATE : 12/13/2024
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $1,006
MLS Listing ID 24443839
Sold Date 12/13/24
Bedrooms 4
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1942
Lot Size 5,370 Sqft
Property Description
Price Reduction! Lowest-priced vacant property in Santa Monica 90405! 2 Detached Houses at 1,540 SF on a large ~5,400 SF lot on one of the best streets in Sunset Park. Amazing opportunity for owner-users and investors to Fix & Save with the renovated duplexes in the area selling for ~2.5M! Or you can do a new construction ground-up project/major addition and resale it for ~4M. Nestled mid-block on a tranquil, tree-lined cul-de-sac you will find a property that is currently configured as a duplex with a front house gutted and ready for renovation and the back house in original condition, combined the two structures are 1,540 square feet of interior living space situated on a ~5,400 square-foot lot. Surrounded by beautifully updated homes, this property presents a unique opportunity to create your ideal living environment in one of Santa Monica's most desirable and up-and-coming neighborhoods. Located east of Lincoln Boulevard, you'll have easy access to vibrant dining and shopping, including Whole Foods and local favorites like Cafe Gratitude and the new Tartine bakery. Enjoy the sports fields and playgrounds at nearby Marine Park or attend outdoor social events at Penmar Golf Course, all while being less than a mile from the beach, Abbot Kinney, and dynamic Rose Avenue. Whether you choose to restore, rebuild, or reimagine, the potential here for a coastal oasis is substantial.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR1*
Interior
Heating None
Cooling None
Fireplaces Type Dining Room
Fireplace Yes
Laundry None
Exterior
Parking Features Driveway
Pool None
View Y/N No
View None
Accessibility None
Porch None
Total Parking Spaces 2
Private Pool No
Building
Faces North
Story 1
Entry Level One
Sewer Other
Architectural Style Ranch
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 4285035020
Financing Cash
Special Listing Condition Standard
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Bought with LAUREN GOLD • SERV CORP
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States