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$1,680,000
2623 28th, Santa Monica, CA 90405
5 Beds
4 Baths
2,140 sqft

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An Excellent opportunity has become available to own this Triplex located in the prime Ocean Park Business area of Santa Monica. This Triplex features the following units, Unit-1 is a 3bed-2bath with a well-designed specious floor plan and a large private patio. Unit-2 and Unit-3 are 1bed-1bath. Currently Unit-1,Unit2 are tenant occupied and below market rent. This Triplex is great for owner user or as an investment property (Great upside in market rent potential ) and Great opportunities for future development. Walking distance to Hip Ocean Park restaurants, shops. Property is under SM rent control regulations. Property is sold in Its AS-IS condition. Buyer to do their own investgation regarding rent control, square footage, lot size permits etc. Please do not disturb tenants. Private showing vacant unit only with signed Sotheby's International Realty COVID-19 prevention Plan for in-person visits form.
  • Price:
  • $1,680,000
  • Bedrooms:
  • 5
  • Square Footage:
  • 2,140
  • Acreage:
  • 0.14
  • Year Built:
  • 1945
  • Listing ID #:
  • 20-607372
  • Street Address:
  • 2623 28th
  • City:
  • Santa Monica
  • State:
  • California
  • Postal Code:
  • 90405
  • County:
  • Los Angeles
  • Community:
  • Santa Monica
  • Listing Status:
  • Active
  • Building Faces:
  • West
  • Building Security:
  • Smoke Detector
  • Flooring:
  • Laminate, Carpet, Tile, Mixed
  • Number Of Units:
  • 3
  • Stories:
  • One, Ground Level
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 2140
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1945
  • Annual Insurance Expenses:
  • 1500.00
  • Annual Maintenance Expenses:
  • 3000.00
  • Annual Trash Expenses:
  • 400.00
  • Gross Income:
  • 90000
  • Net Operating Income:
  • 61500.00
  • Conforms To Zoning:
  • Smr2*
  • Lot Square Footage:
  • 5984
  • Days On Market:
  • 68
  • Street Direction Suffix:
  • St
  • Price Per Square Foot:
  • 785.05
  • Parking Description:
  • Uncovered
  • Parking Spaces:
  • 3
  • Patio Description:
  • Other - See Remarks
  • Existing Water:
  • Public, Water District, Meter On Property
  • Heating:
  • Other, Wall
  • Sewage Type:
  • In Street
  • Water Heater:
  • Gas, Water Heater Unit
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Misako Kuroshima of Sotheby's International Realty
  • CACLAW

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