1927 17TH Street

    Santa Monica, CA 90404
    • $1,749,000
    • STATUS: Active
    • ON SITE: 117 days
    • ID#: 19480444
    UPDATED: 62 min ago
    $1,749,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,214
      SQFT
    • $1,441
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:

    School Ratings & Info

    Description

    THIS IS A DUPLEX and a prime development opportunity in Santa Monica. This property could be a great condo project. R2 zoning, currently has two homes on the lot, 1,214 sq. ft. per the tax assessors, with 2 bedrooms, 1 bath in the front house and 1 bedroom 1 bath in the back house. Two car garage. Large lot of 7,761sqft, conveniently located between SMC and Metro Expo Line station on Colorado Ave. Very close to SMC. Five minutes drive to the beach, 3rd Street Promenade, Santa Monica Pier, where you could experience fine dining and shopping. Easy access to the 10 freeway and public transportation. Bring your architect and designer and make your dream of building a fabulous project in the outstanding city of Santa Monica a reality.Large price reduction! Now priced to sell!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T00:34:05.04. 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 Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
    www.naylorproperties.com/homes/96136682

    1927 17TH Street Santa Monica, CA 90404

    • Price: $1,749,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 19480444
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1,214
    SQFT
    $1,441
    $/SQFT
    1942
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    THIS IS A DUPLEX and a prime development opportunity in Santa Monica. This property could be a great condo project. R2 zoning, currently has two homes on the lot, 1,214 sq. ft. per the tax assessors, with 2 bedrooms, 1 bath in the front house and 1 bedroom 1 bath in the back house. Two car garage. Large lot of 7,761sqft, conveniently located between SMC and Metro Expo Line station on Colorado Ave. Very close to SMC. Five minutes drive to the beach, 3rd Street Promenade, Santa Monica Pier, where you could experience fine dining and shopping. Easy access to the 10 freeway and public transportation. Bring your architect and designer and make your dream of building a fabulous project in the outstanding city of Santa Monica a reality.Large price reduction! Now priced to sell!
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 4.20 Gross Multiplier 17.15 Gross Operating Income 98940.00 Improvements Amount 18564 Land Lease Amount 10.00 Land Lease YN No Land Value 31027 Laundry YN No Net Operating Income 73440.00 Special Listing Conditions Standard Total Expenses 25500.00 Zoning Smr2*

    Listing provided courtesy of Marcelo Cornejo of Home Team Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-16T00:34:05.04. 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 Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
     
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