$1,899,000
- Beds
- 4
- sq ft
- 2,073
710 Bay St, Santa Monica, CA 90405
710 Bay St
Santa Monica, CA 90405
- 13 days on market
Pride-of-ownership TRIPLEX in the heart of Ocean Park, moments from cafes, shops, Joslyn dog park, Main St and the beach. This updated 1950's courtyard property evokes a quieter, mellow beach era and includes two 1 bed +1 bath units and one 2 bed + 1 bath rear unit with its own private patio/yard area with mature shade trees. Each unit offers unique, tasteful and charming finishes, along with two parking spaces, hardwood floors, and updated kitchen and bathroom. The property provides a shared laundry room furnishing extra monthly income. One unit (Unit B, a 1bd, 1ba) will be delivered vacant. The other two units are occupied with solid, but not full market value rents. Gross income with actual rents for the two occupied units and projected rent for the one vacant unit is appx. $116,364/yr (including laundry income). Current operating expenses approx. $7,931/yr (excluding taxes and mortgage). Bonus: Santa Monica triplexes can be exempted from Santa Monica rent control if one unit is owner occupied (buyer to verify with City). A perfect opportunity for an owner who wants to offset the mortgage, or an investor looking for a foothold in a high rent/high quality tenant area of Santa Monica.
Details
Property type
Property condition
Updated/Remodeled
Lot size
4,473 sq ft
Price per sq ft
$917
Year built
1956
HOA
No
Price History
06/22/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24407155
Listed
$1,899,000
-5%
06/21/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24380145
Removed
$1,999,000
05/13/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24380145
Price change
$1,999,000
-4.76%
Schools & Community
Neighborhood:
Ocean Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Santa Monica-Malibu Unified
Status: Active
Tomo last checked: 07/05/2024 at 9:30 PM
Listing updated: 06/30/2024 at 5:13 AM
Listed by: David Tamburo, Rodeo Realty Phone #: (310) 724-7100
MLS: CLAW #24407155
![CLAW logo](/_next/static/media/clawLogo.95a18e7e.png)
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