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$5,595,000
Est. payment /mo
9 Beds
9 Baths
5,728 SqFt
UPDATED:
12/05/2024 05:26 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,728 sqft
Price per Sqft $976
MLS Listing ID 24462503
Bedrooms 9
HOA Y/N No
Year Built 1955
Lot Size 5,174 Sqft
Property Description
101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1245 Per Sq Ft plus homeowners dues averaging $1587. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP3*
Interior
Cooling None
Fireplace No
Exterior
Parking Features None
Garage Spaces 2.0
Garage Description 2.0
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4289022006
Special Listing Condition Standard
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Listed by Francyne Lambert • Lambert Investments, Inc.
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908