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1701 California Avenue, Santa Monica, CA 90403$2,585,000

3
beds
--
bath
1669
ft2
· 4051
ft2 lot
$1,549 / ft2

Listing provided courtesy of Regina Vannicola, Compass
Source CRMLS;
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North of Wilshire charming triplex consisting of a 2+2 stand-alone bungalow, sunny upper 1+1 and a non-conforming studio. Bungalow and studio will be delivered vacant. Extraordinary potential rents in an incredibly sought-after neighborhood in prime Santa Monica. The main house has 2BR and 2BA, it has been meticulously maintained and thoughtfully updated. Modern conveniences such as an open contemporary kitchen complete with marble counters and stainless-steel appliances, refinished hardwood floors, updated baths, central AC and a 2-sided fireplace. Despite the modern touches this home maintains its historic mid century charm. Unit 2 is an upper 1BR/1BA with amazing light, views, hardwood floors and vintage character, currently rented for $3,000/mo. Bonus non-conforming updated studio can provide additional income or a separate office/gym/guest space. Broker/Agent does not guarantee rental income potential, including current/potential rents, rent control if any, and permit/use status. Buyer to verify.

HOA

No HOA

On market

2 months

Year built

1948

Property type

Multi-Family

Parking

2

MLS

22222893

Price / Sq.Ft.

$1,549 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 1701 California Avenue

Interior Features & Layout
Appliances
•   
Kitchen Appliances: Dryer, Washer
•   
Laundry Features: Common Area
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
Fireplace Info
•   
Has Fireplace
•   
Fireplace Details: Living Room, Master Bedroom, Multi-Sided
Flooring
•   
Flooring: Wood
Bathrooms Info
•   
Total Bathrooms: 4
Property, Lot, Community & Exterior Features
Multi-Unit Info
•   
Number Of Units Total: 3
Parking Info
•   
Parking Features: Converted Garage, Door-Single, Garage
•   
Open Parking Spaces: 1.0
•   
Parking Spaces: 2.0
Property Features
•   
View: Peek-A-Boo, Trees/Woods
•   
View Yes/No: true
Building Info
•   
Window Features: Double Pane Windows
•   
Total Sq. Ft.: 1669.0
•   
MLS Property Type: Residential Income
•   
Security Features: Gated Community
Community Info
•   
Number Of Buildings: 2
•   
Community Features: Gated
Lot Info
•   
Zoning Type: SMR2*
•   
Lot Size Area: 4051.0
•   
Acres: 0.093
•   
Lot Size Units: Square Feet
Utilities & Other Information
Utility Info
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 1200.0
•   
Gross Income: 142800.0
•   
Trash Expense: 1200.0
•   
Insurance Expense: 3500.0
Lease Info
•   
Net Operating Income: 101188.0
Listing Details
•   
Status: Active
•   
Originating System Name: CRMLS
Tax/Assessment Info
•   
APN: 4277027023
School Neighborhood & Directions
Location
•   
Zip Code: 90403
•   
Area: C14 - Santa Monica
•   
Zip Code +4: 4408
•   
Directions: N of Wilshire/Corner of 17th and California
•   
Country: US
School Info
•   
High School District: Santa Monica-Malibu Unified

Property History for 1701 California Avenue

12/04/2022
12/04/2022
CRMLS #22222893
active
CRMLS #22222893
$2,585,000
11/17/2022
11/17/2022
CRMLS #22218773
active
CRMLS #22218773
$2,585,000

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