1817 17th Street, Santa Monica, CA 90404

$2,295,000
6
BD
5
BA
2,700
SqFt

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List Price
$2,295,000
Status
ACTIVE
MLS#
26853475
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,700
Lot Size
7,765
Days on Market
9
Property Type
Multifamily
Stories
One Level

Property Description

COMPLETELY VACANT TRIPLEX! OPPORTUNITY KNOCKS!!! OFFERS ARE DUE BY MONDAY AUGUST 3RD!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.

Additional Information

Appliances
Dishwasher, Refrigerator, Dryer, Washer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Hatim Zaki (HatimZaki.Realtor@gmail.com) from Listing Office: Nelson Shelton & Associates.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.