Santa Monica CA Real Estate & Commercial for Sale

**5 br + 4 ba 2069 RSF FRONT HOUSE DELIVERED VACANT 6/1/23!!** Rare chance for an investor or owner/user to purchase a brand-new modern-luxury five-bedroom, four-bathroom home and five extra (one-plus-one) multifamily units on a 7,500 SF lot in desirable Santa Monica. In addition to the huge chef's kitchen with Viking equipment, a sizable center island, Carrera worktops, and custom cabinets, the house has lovely finishes throughout. Hardwood flooring, a stackable washer and dryer, and central air conditioning and heating with separate controls for the first and second floors are further features. Custom cabinets, Carrera marble, contemporary fixtures, and mosaic tile finishes can be found in the bathrooms. A surveillance system, intercom, and app-controlled garage door access are all included in the property's amenities. The extra-large lot also has 5 (1+1) rental apartments with good rental potential. One of the building's five units has undergone a high-end renovation, and the outside paint, roof, and landscaping have all been updated. (4) 1 br + 1 ba units have section 8 tenants.

The property is a development play. It is a courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit garden with the opportunity for a Buyer to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage.

A marvelous investment opportunity located in the prime city of Santa Monica! Just off the Montana Ave and 19th St intersection, this two-story 7,180-sqft building has had Soft-Story Retrofit completed per LADBS requirements, five 3-bedroom and one 2-bedroom units for a total of six units, and comes with on-site covered parking enough for 6-cars with single garages at the rear of the building. Has a massive upside in rents, great for owner user or investors to add to their portfolio. Perfectly situated down the street from Trader Joes, Pavilions, and the Aero Theater, plus close to a variety of trendy shops, eclectic dining, entertainment, the bustling Santa Monica Boulevard, and just minutes away from the beautiful SoCal beaches!