1252 23rd Street, Santa Monica, CA 90404
List Price: $2.6M
Listing Status: Active
0Days on Market: 0
10 Bedrooms · 8 Bathrooms · 5,428 sq ft
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 5,319 sq ft
MLS Number: 26875531
About This Property
Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.
Listing provided by: Wes Wellman DRE #00467451 310-829-7423 wes@wellmanproperties.com, Wellman Realty Co.
Source: CRMLS, MLS #: 26875531
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.