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    2618 2nd St

    Santa Monica, CA 90405
    • $2,635,000
    • STATUS: Active
    • ON SITE: 6 days
    • MLS #: 21-781648
    New On Site 6 Days Ago
    UPDATED: 27 min ago
    $2,635,000
    • 6
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,366
      SQFT
    • $1,114
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:
    Area:

    School Ratings & Info

    Description

    SEE OM IN DOCS SECTION OF LISITNG. 2618 2nd Street is a turnkey three-unit complex comprised of two buildings: A 910-square foot freestanding bungalow constructed in 1907 and a 1,456-square foot two-unit building constructed in 1928. All the units are large 2bed+2bath units. Both buildings are walk-up buildings situated on a 2,502-square-foot lot. Each unit has its own private entrance. All of the units have been meticulously upgraded with upscale finishes and appliances. Each unit is equipped with a tankless hot water heater, dishwasher, and stackable washers and dryers. An investor will enjoy significant cashflow from day one. The location and unit types will allow an investor to increase rents as units become vacant. Parking is provided on street with permits. Each of the units are separately metered for gas and electricity. The plumbing has been updated to all-copper plumbing.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T09:42:34.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/121272153
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    2618 2nd St Santa Monica, CA 90405

    • Price: $2,635,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 21-781648
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,366
    SQFT
    $1,114
    $/SQFT
    1907
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    SEE OM IN DOCS SECTION OF LISITNG. 2618 2nd Street is a turnkey three-unit complex comprised of two buildings: A 910-square foot freestanding bungalow constructed in 1907 and a 1,456-square foot two-unit building constructed in 1928. All the units are large 2bed+2bath units. Both buildings are walk-up buildings situated on a 2,502-square-foot lot. Each unit has its own private entrance. All of the units have been meticulously upgraded with upscale finishes and appliances. Each unit is equipped with a tankless hot water heater, dishwasher, and stackable washers and dryers. An investor will enjoy significant cashflow from day one. The location and unit types will allow an investor to increase rents as units become vacant. Parking is provided on street with permits. Each of the units are separately metered for gas and electricity. The plumbing has been updated to all-copper plumbing.
    Exterior Features

    Lot Size Area 2502 Other Structures None Parking Garage Permit/Decal Style Bungalow Total Parking 0

    Interior Features

    Baths Total 6.00 Cooling None Equipment DryerWasherRange/Oven Heating None

    Property Features

    Assessed Total Value 2159557 Gross Income 147588 Gross Operating Income 147588 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 110539.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 37200 Type Of Units Sfr/Duplex Year Built Source Vendor Enhanced Zoning Smop2*

    Listing provided courtesy of John Swartz DRE#01873487 of Transwestern Property Company West, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-16T09:42:34.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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