Address
1008 2Nd Street Santa Monica, CA
Price
$ 9,850,000
Property Attributes
  • MLS#21794864
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90403
  • Style
  • Price$ 9,850,000
  • Bedrooms19
  • Full Bathrooms25
  • Half Bathrooms0
  • Sqr Footage15600
  • Lot Size7,496 SqFt
Listing Provided Courtesy Of:
Jonathan Taksa with Remax Commercial and Investment Realty
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

1008 2nd Street is an incredible asset in the heart of LAs famed beach City of Santa Monica. Originally built in 1969, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. Each of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light.There is significant rental upside and on-site parking for 21 cars as well as an on-site laundry facility. The unit mix includes (1) 2-bed, 3-bath with a den unit, (4) 2-bed, 2-bath units, (5) 1-bed, 2 bath with a den units, and (4) 1-bed, 1 bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor.A quick walk to Third Street Promenade and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Price History
10/13/2021 Listed $9,850,000

General Features

Cooling None
Heating None
Listing Agent Jonathan Taksa - BRE#01366169
Listing Agent State License 01366169
Lot Size Square Feet 7496
MLS Area C14 - Santa Monica
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Units 14
Zoning SMR3*

Exterior Features

Lot Size Acres 0.17
Lot Size Area 7496
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Covered
Total Parking 21

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90403

Price
AVG $5.54M
$9.85M
Visits
AVG 49
13
Year Built
AVG 1956
1969
Walkscore
AVG 87
81
Data Provided by Walkscore ® not using MLS data

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