PLEASE SEE ATTACHED DOCS FOR COMPLETE INFORMATION. Exceptional opportunity to own this asset. Premier Santa Monica Location on Montana Ave. 2 Bedroom/1 Bath Single Family Home plus six 1 Bedroom/1 bath units. Has completed Condo Conversion for entire building there are 7 separate APN numbers. All to be vacant, seller will lease back the house & Unit E for up to 6 mos. Converted to Condominiums in January 1995 & has the recorded white slip. Great for Investors, owner/users or as a family compound. Add Value & rent out at market rents or sell individual condos. GRM & CAP Rate are projected based on renting units @ current Market Rents & $200 for Laundry . Located in the very desirable Franklin Elementary school neighborhood. Soft Story Retrofit completed, individually metered. 6 covered garages. Close to the Brentwood Country Mart & minutes from the beach. Walk & bike everywhere. Close proximity to the Prime W Los Angeles neighborhoods of Brentwood, Venice Beach & Marina Del Rey. Buyers to submit proof of funds. DO NOT DISTURB OCCUPANTS.
DAYS ON MARKET
|
6
|
LAST UPDATED
|
5/24/2023
|
YEAR BUILT
|
1952
|
COMMUNITY
|
Santa Monica
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
Santa Monica |
GARAGE |
Covered |
LOT |
8935 sq ft |
PARKING |
Covered |
POOL DESCRIPTION |
See Remarks |
ZONING |
SMR2* |
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Listed with Lambert Investments, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/23 11:42 PM PDT and /or other sources. 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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