Price Reduction - Water Views
Address
2638 4th Street Santa Monica, CA
Price
$ 2,675,000
Property Attributes
  • MLS#21706740
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90405
  • StyleTraditional
  • Price$ 2,675,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
David Schuchman with Roque & Mark Company, Inc..
Data Source:
CRMLS
Property Description

3.9% CAP rate in Santa Monica! Sitting atop a hill just 2 blocks from Main Street and 4 blocks from Santa Monica beach, this 6 unit building features sweeping ocean views from two units and a huge, west facing common area patio. Soft story retrofitting is NOT required. Dual pane windows throughout. Excellent unit mix consisting of (4) 1 bedroom + 1 bath, and (2) 2 bedroom + 1 bath. All units are larger than similar units in the area. Five individual parking garages with two additional surface parking spaces. Several units were recently upgraded with new floors, plumbing, fixtures, etc. One 2+1 unit will be delivered vacant. Property is subject to City of Santa Monica rent control. Inside with accepted offer only.

Price History
3/17/2021 Listed $2,875,000
4/8/2021 7% - $2,675,000

General Features

Architectural Style Traditional
Cooling None
Facing Direction West
Flooring Carpet, Wood
Garage Spaces 5
Garage Y/N Yes
Heating Wall Furnace
MLS Area C14 - Santa Monica
Parking Features Driveway, Garage, Private
Property Type Residential Income
Roof Composition, Shingle
Sewer Other
Total Units 6
View City Lights, Ocean
Zoning SMOP2*

Interior Features

Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Dimensions 50x143
Lot Size Acres 0.16
Lot Size Area 7154
Lot Size Square Feet 7154
Lot Size Units Square Feet
Number of Buildings 2
Total Parking 5
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90405

Price
AVG $4.14M
$2.68M
Visits
AVG 46
18
Year Built
AVG 1954
1951
Walkscore
AVG 91
94
Data Provided by Walkscore ® not using MLS data

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