Skip To Content

2410 34th Street

Santa Monica, CA 90405
  • $2,250,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: WS22084101
UPDATED: 25 min ago
$2,250,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): Christopher Johnson of Lee & Assoc Comm R E Serv/Pas (626-535-9888)


Description

The property contains a total of 5 units with 50% upside in rents. Unit mix consists of a fully renovated 2 bedroom, 1 bath Front House, Two 2 bedroom 1 bath units and two 1 bedroom 1 bath units. This is a perfect owner-user opportunity to live in the front house and offset the cost of ownership with the rents from the 4 units in the back building. For an investor, with 50% upside in rents, this is a true value-add deal! The property is situated one block away from the 10 freeway and walking distance from a long line of fine dining restaurants on Ocean Park Blvd.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128040446
Print Image

2410 34th Street Santa Monica, CA 90405

  • Price: $2,250,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 25 min ago
  • ID#: WS22084101
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1949
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
The property contains a total of 5 units with 50% upside in rents. Unit mix consists of a fully renovated 2 bedroom, 1 bath Front House, Two 2 bedroom 1 bath units and two 1 bedroom 1 bath units. This is a perfect owner-user opportunity to live in the front house and offset the cost of ownership with the rents from the 4 units in the back building. For an investor, with 50% upside in rents, this is a true value-add deal! The property is situated one block away from the 10 freeway and walking distance from a long line of fine dining restaurants on Ocean Park Blvd.
Exterior Features

Lot Features LevelPavedRectangular Lot Number Of Separate Electric Meters 5 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features BikingDog ParkFishingGolfHikingParkStreet LightsSidewalks Electric Expense 1800 Garage YN No Gross Income 114580 Gross Scheduled Income 118127 Insurance Expense 2150 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupIn KitchenStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeFha 203(B)Fha 203(K)FhaFannie MaeFreddie Mac Net Operating Income 76785 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 37795 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Source Public Zoning Smr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368614979-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368614979-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368614979-1.jpg
Logo
Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Christopher Johnson of Lee & Assoc Comm R E Serv/Pas (626-535-9888)