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$2,149,000 USD
Estate For Sale In Santa Monica, Los Angeles
For Sale
Estate
US-00140-30855

Pride-of-ownership Sunset Park triplex w/3 separate cottages located on quiet tree lined st. Blks from cafes & shops, within about a mile from beach. These unique detached cottages are filled w/natural light & share gated prvt courtyard in a peaceful setting. Upgrades: hrdwd flrs, remodeled kit & baths, generous use of skylights, vaulted ceilings, crown mouldings, vintage details & patio areas for each cottage. Two rented cottages (2b/2ba rented @ $3,607/mth and 2b/1ba+bonus room rented @ $3,580/mth) have upside potential. One unit is vacant (2b/2ba + bonus rm/3rd bd w/$4,000/mth projected rent) so a new owner can start at market or move in! Every detail has been carefully executed. Light & bright shared laundry rm. Courtyard features mature trees & professionally designed drought tolerant landscaping. CAP rate based on current rents + projected rent for vacant unit is: 4.7%! With superior rents & high-quality tenant choices available, this is an outstanding investment opportunity.
 

Listed by
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Tregg Rustad
Rodeo Realty
License #01349144
Main features
Listed 04/30/2018
Price $2,149,000 USD
Property type Estate
Surface 2645 m2
Year of Built 1940
Rooms 6
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Santa Monica
Listings in Santa Monica

Santa Monica is an inshore city located in West Los Angeles. Despite its three miles of white sandy beach, this is a small town with a more human face as you can go around without taking a car thanks to its walkable 8.3 square miles. This is a relaxed place, with architectural buildings, many attractions and really close to Downtown L.A.

About Rodeo Realty
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Rodeo Realty was founded in 1986 and has emerged as one of the most transcendent forces in luxury residential real estate. Helmed by its pragmatic Founder, Syd Leibovitch, Rodeo Realty has established itself as one of largest independent real estate brokerages in the nation. Rodeo Realty continues to dominate the California market as the number one Los Angeles and Ventura county single-owned brokerage with the largest market share.

Rodeo Realty was founded with a specific purpose in mind: to create a real estate firm with all the resources available to the largest companies combined with the boutique feel of the neighborhood REALTOR. With over 1,000 Agents and Brokers working state of the art offices strategically located in prime locations throughout Los Angeles and Ventura County.

Rodeo Realty is a full-service, luxury residential brokerage. Our vast range of upscale services are all offered in-house to assist in the ease of your transaction, which include; internet marketing, graphic design, agent branding, custom print shop and mailing, public relations, international marketing program and advertising departments, all available to achieve maximum exposure for your property.

Our Estate Agents are experts in marketing luxury properties and have tremendous networking capabilities to deliver the best results. We represent our clients across the world and individually tailor our global marketing campaigns and strategies for buyers, sellers and developers worldwide. As a premier luxury real estate company for over twenty five years, Rodeo Realty will continue to redefine real estate service.

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