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1548 Harvard Street, Santa Monica, CA 90404$2,545,000

3
beds
2
baths
3115
ft2
· 7382
ft2 lot
$817 / ft2

Listing provided courtesy of John Hathorn, Compass
Source CRMLS;
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Excellent 4-unit income property located in the popular & quiet College Streets neighborhood of Santa Monica. This well-maintained, charming Spanish complex offers a front owners house and 3 additional units in the back building. The front separate house is 2BD+1Ba with its own laundry and enjoys a huge grassy front yard. Two units are 1Bd+1Ba and the third unit is 1Bd+Den+1BA. All units have outdoor space, hardwood & tile floors, lots of character & charming original detail. Laundry room, separate gas & electric meters & 4 enclosed garages. Soft-story retrofitting has been completed- well past minimum requirements. This property has an incredible walk score that provides easy access to all amenities for daily errands. The building is just block away from Santa Monicas Production District, Whole Foods, Bristol Farms, Erewhon, coffee shops, restaurants, retail and healthcare providers.

HOA

$0/month

On market

1 month

Year built

1938

Property type

Multi-Family

Parking

6

MLS

21786270

Price / Sq.Ft.

$817 / ft2

Status

Active

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Home details for 1548 Harvard Street

Interior Features & Layout
Appliances
•   
Laundry Details: Washer Included, Dryer Included, Community
•   
Appliances: Dishwasher, Disposal, Refrigerator
•   
Has Appliances
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas
Flooring
•   
Flooring: Wood, Tile
Interior Size
•   
Building Area Total: 3115.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Private
•   
Garage Spaces: 4.00
Building Info
•   
Zoning: SMR2*
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1695
•   
Lot Size Area: 7382.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Type
•   
Architectural Style: Spanish
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 99720.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 49441.00
•   
Gross Multiplier: 26.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 99720.00
•   
Tax Year: 2020
•   
Taxes: 2613.16
Lease Info
•   
Net Operating Income: 50279.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 5375.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 3
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 5375.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2935.00
•   
Unit 1 Total Rent: 2935.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: North of Colorado Avenue on the west side of Harvard.
Other
Calculation
•   
Dom: 23

Neighborhood snapshot

62
Properties for sale
14.5
Median days on market
$798.90
Median sold price/sqft
99.78%
Sold/List %
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Property History for 1548 Harvard Street

10/14/2021
10/14/2021
CRMLS #21786270
active
CRMLS #21786270
$2,545,000
--1.93%
09/21/2021
09/21/2021
CRMLS #21786270
active
CRMLS #21786270
$2,595,000

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