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2117 Stewart Street

Santa Monica, CA 90404

$1,915,000 $8,073/Mo

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Overview

Bed

Bath

2,544

Sqft

5,589

Sqft(Lot)

Description

Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting t he others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?

Property Details

Property Type : ResidentialIncome

Price : $1,915,000

AD Id : 75699084

MLS Id : PV26043221

Beds : 5

Lot Size : 5,589 Sqft

Living Area Size : 2,544

Year Built : 1941

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Composition, Shingle

Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater

Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen

Window Features: Blinds, Screens
Heating & Cooling

Has Heating: Yes Heating: Combination, Floor Furnace, Wall Furnace Cooling: None

Building Information

Year Built: 1941

Building Area Total: 2544

Construction Materials: Stucco

Stories: 1

Pool Features: None

Private Pool: No

View: None
Exterior Features

Exterior Features: Rain Gutters

Lot Information

Main Square Feet: 5589 Lot Size Acres: 0.1283 Lot Size Source: Assessor Lot Size Square Feet: 5,589 Lot Description: 0-1 Unit/Acre,Lawn,Landscaped,Sprinkler System

Listing Price Information

Listing Price: $1915000

Original Price: $1965000

Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Tax Information

Parcel Number: 4274031014 Tax Lot: 34

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 5 Assigned, Garage

Garage Information

Has Garage: Yes Garage Space: 4

Utility Information

Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location Information

Direction: Pico Blvd and South of Kansas Ave. WaterSource: Public Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)

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