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Key Details
Sold Price $1,252,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24162392
Bedrooms 5
Lot Size 5,999 Sqft
Type of Financing Cash,Exchange
Property Description
Prime triplex on 28th St(2242-2246 28th St.) in the heart of Santa Monica. It offers a unique combination of charm, space and unbeatable conveniences and amenities. Approximately 3 miles from the beach, located within blocks of Ocean Park, Santa Monica College and Virginia Park, excellent access to public transportation, including the Expo Line, bus stations, and bike path. Close to a variety of great restaurants, shopping and grocery stores. A short drive to 3rd Street Promenade, Santa Monica Pier and Bergamot Station Art center. The front unit is a beautifully maintained one-bedroom, one-bath home with a lovely yard. The second unit attached to the front house features 3-bedroom and 1-bath. This unit boasts a very large back yard perfect for outdoor entertaining and gardening. The third unit is a detached one-bedroom, one-bath home complete with its own one car garage and ample yard space. The subject property has great potentials for redevelopment including ADU (check with city). It needs TLC but future owner-occupants can qualify for temporary use exemption under Santa Monica rent control, making this property an even more attractive investment. Hurry, it won't last!
Prime triplex on 28th St(2242-2246 28th St.) in the heart of Santa Monica. It offers a unique combination of charm, space and unbeatable conveniences and amenities. Approximately 3 miles from the beach, located within blocks of Ocean Park, Santa Monica College and Virginia Park, excellent access to public transportation, including the Expo Line, bus stations, and bike path. Close to a variety of great restaurants, shopping and grocery stores. A short drive to 3rd Street Promenade, Santa Monica Pier and Bergamot Station Art center. The front unit is a beautifully maintained one-bedroom, one-bath home with a lovely yard. The second unit attached to the front house features 3-bedroom and 1-bath. This unit boasts a very large back yard perfect for outdoor entertaining and gardening. The third unit is a detached one-bedroom, one-bath home complete with its own one car garage and ample yard space. The subject property has great potentials for redevelopment including ADU (check with city). It needs TLC but future owner-occupants can qualify for temporary use exemption under Santa Monica rent control, making this property an even more attractive investment. Hurry, it won't last!
Location
State CA
County Los Angeles
Area Santa Monica (90405)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Others
Acceptable Financing Cash, Exchange
Space Rent $1,800
Listing Terms Cash, Exchange
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Bought with Teresa Tsai • Elite Properties & Management
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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