tomo logo

$2,315,000

Beds
4
sq ft
2,484

857 4th St, Santa Monica, CA 90403

857 4th St

Santa Monica, CA 90403

  • 103 days on market
Do not miss the amazing opportunity to own this charming triplex in prime Santa Monica neighborhood, one block south of Montana Avenue. On a corner lot with rare enclosed yard, the property consists of a 2-story, 2bedroom, 1+ bath townhouse style unit (2-car parking); a 1-bedroom downstairs unit (2-car parking) and a 1-bedroom upstairs unit (no assigned parking). Laundry inside each unit. Fully occupied with potential upside for future rents and/or opportunity for owner occupancy of one unit while continuing rental income on remaining units. Building well maintained. Unbeatable location, great school district. Excellent investment potential. Buyer to conduct their own due diligence. All information in this listing, including square footage, lot size, income, expenses, features, permits, schools, are approximate and shall be verified by Buyer.

Details

Property type

Lot size

4,615 sq ft

Price per sq ft

$932

Year built

1922

Price History

03/24/2024
CLAW

CLAW #24372327

Listed
$2,315,000

Schools & Community

Neighborhood: 

Wilshire/Montana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mortgage Capital Partners Inc

Loan start date

April 2012

Original loan amount

$634,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Randy L Rezen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/05/2024 at 9:55 PM

Listing updated: 04/01/2024 at 5:31 AM

Listed by: Lisa K. Phillips, Lotus Estate Properties Phone #: (310) 823-1823

MLS: CLAW #24372327

CLAW logo

Recently listed in Santa Monica