Description
Rare opportunity to invest or develop multi unit residential property in Santa Monica prime location. This 7505 sq foot lot encompasses 3 separate income producing dwellings consisting of a main house, and 2 attached rear units with ample off street parking and garages. Huge yard resembles a small park. R2 zoning near Lincoln Blvd with quick access to the 10 Freeway makes this is an incredible opportunity for both the rental investor or multi unit Development Company looking to build luxury condos or apartments. Currently the main house is (2 bdr 1 bth) and 2 attached rear units (1 bdr 1 bth each) encompassing a total combined 1460 sq feet. Historical Santa Monica property values continue to increase making this an exceptional opportunity. Amazing walking and transit scores (86 & 78) enhance this prime location with Metro Access just blocks away. Don't miss this opportunity to acquire an amazing location in Santa Monica coveted neighborhood.
-
0BEDS
-
0.17ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Rare opportunity to invest or develop multi unit residential property in Santa Monica prime location. This 7505 sq foot lot encompasses 3 separate income producing dwellings consisting of a main house, and 2 attached rear units with ample off street parking and garages. Huge yard resembles a small park. R2 zoning near Lincoln Blvd with quick access to the 10 Freeway makes this is an incredible opportunity for both the rental investor or multi unit Development Company looking to build luxury condos or apartments. Currently the main house is (2 bdr 1 bth) and 2 attached rear units (1 bdr 1 bth each) encompassing a total combined 1460 sq feet. Historical Santa Monica property values continue to increase making this an exceptional opportunity. Amazing walking and transit scores (86 & 78) enhance this prime location with Metro Access just blocks away. Don't miss this opportunity to acquire an amazing location in Santa Monica coveted neighborhood.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T09:30:26.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.