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    2416 3Rd St

    Santa Monica, CA 90405
    • $3,100,000
    • STATUS: Active Under Contract
    • ON SITE: 39 days
    • MLS #: 21-748406
    Under Contract
    $3,100,000
    • 3
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,590
      SQFT
    • $1,197
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:
    Area:

    School Ratings & Info

    Description

    Fantastic Ocean Park investment opportunity on a rare double lot featuring an attached rental unit less than 3 blocks from the beach! This 1923 Craftsman Style "Duplex" has endless potential as either an Income Property where owners have the option of living in the primary unit while renting the adorable attached 2 +1 basement apartment complete with private entrance, secluded patio, and full kitchen or even reimagining the property as a new multi-family investment taking advantage of the 6500sf double lot and potential to increase height and density revealing breathtaking ocean views! The primary portion of the home offers 3 bedrooms, 2 baths, a lovely breakfast nook looking out over the expansive backyard, a large Den/Office with classic Craftsman wooden built-ins, original hardwood floors, and a charming fireplace! The property includes an attached garage and a 500sf bonus "Studio" below opening out to the backyard. 3 levels topped by an impressive "crows nest" allowing direct access to an enormous 1000sf rooftop boasting ocean views with the great potential to increase height. The property offers parking for up to 8 vehicles. Just half a block from all the restaurants, cafe's and shopping boutiques that trendy Main Street has to offer, along with everything the area has to offer! A 96% walk score OFFERS DUE BY SATURDAY (6/19) AT 4:00pm.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-24T23:42:36.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/118242451
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    2416 3Rd St Santa Monica, CA 90405

    • Price: $3,100,000
    • Status: Active Under Contract
    • MLS #: 21-748406
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,590
    SQFT
    $1,197
    $/SQFT
    1923
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Fantastic Ocean Park investment opportunity on a rare double lot featuring an attached rental unit less than 3 blocks from the beach! This 1923 Craftsman Style "Duplex" has endless potential as either an Income Property where owners have the option of living in the primary unit while renting the adorable attached 2 +1 basement apartment complete with private entrance, secluded patio, and full kitchen or even reimagining the property as a new multi-family investment taking advantage of the 6500sf double lot and potential to increase height and density revealing breathtaking ocean views! The primary portion of the home offers 3 bedrooms, 2 baths, a lovely breakfast nook looking out over the expansive backyard, a large Den/Office with classic Craftsman wooden built-ins, original hardwood floors, and a charming fireplace! The property includes an attached garage and a 500sf bonus "Studio" below opening out to the backyard. 3 levels topped by an impressive "crows nest" allowing direct access to an enormous 1000sf rooftop boasting ocean views with the great potential to increase height. The property offers parking for up to 8 vehicles. Just half a block from all the restaurants, cafe's and shopping boutiques that trendy Main Street has to offer, along with everything the area has to offer! A 96% walk score OFFERS DUE BY SATURDAY (6/19) AT 4:00pm.
    Exterior Features

    Cross Streets 3rd & Hollister Lot Description Yard Lot Size Area 6487 Other Structures None Parking Garage DrivewayCarport Attached Style Craftsman Total Parking 7 View Description OceanMountains View YN Yes

    Interior Features

    Baths Total 2.00 Common Walls Attached Cooling None Den Yes Dining Room No Equipment Built-InsDishwasherFreezerRefrigerator Family Room No Fireplace Rooms Gas Flooring Hardwood Heating Central Rooms BasementBreakfast AreaDen/OfficeLiving RoomLibrary

    Property Features

    Assessed Total Value 524293 Gross Income 34200 Gross Operating Income 34000 Like Units1 1 Like Units2 1 Net Operating Income 33500.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 700.00 Type Of Units 2 Year Built Source Other Zoning Smop2*

    Listing provided courtesy of Randelle Green DRE#01717315 of Green Mile Properties Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-24T23:42:36.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270