943 19th ST Active

Santa Monica,CA 90403

$ 4000000

- Bed

- Bath

7180 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,180 sqft

Price per Sqft $557

MLS Listing ID SR24024760

Year Built 1959

Lot Size 7,997 Sqft

Property Description

An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Cooling Wall/Window Unit(s)

Laundry Common Area

Building

Story 2

Water Public

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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