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710 Bay Street, Santa Monica, CA 90405

$1,999,000
$964 per ft²
4 Bed
3 Bath
2,073 Sq Ft
0.1027 Acres
Listing Office: Rodeo Realty
Image 1 of property listing at 710 Bay Street, Santa Monica, CA 90405California Regional MLS
Image 2 of property listing at 710 Bay Street, Santa Monica, CA 90405California Regional MLS
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Image 8 of property listing at 710 Bay Street, Santa Monica, CA 90405California Regional MLS
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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.

Listing Agent: Tregg Rustad

License Number: 01349144

Offered by: Rodeo Realty

Office Phone: 310-724-7100

MLS: #24380145

California Regional MLS

Date Added: 04/16/2024 12:00:00 am

Last Update: 05/13/2024 04:24:04 pm

Days on Market: 34

Interior

  • General: Ceiling Fan(s),Recessed Lighting
  • Appliances: Dishwasher,Disposal,Gas Range,Refrigerator,Vented Exhaust Fan,Dryer,Washer
  • Laundry: Common Area,Laundry Room
  • Flooring: Wood
  • Heating: true, Wall Furnace
  • Fireplace: None

Exterior

  • General: None
  • Style: Traditional
  • Pool: None
  • Parking: Attached Carport,Assigned,Driveway,Garage, Parking spaces: 6

Construction

  • Roofing: Composition,Shingle
  • Windows: Drapes
  • General: Stucco, 1, Raised

Location

  • Originating MLS: CRMLS
  • School District: Santa Monica-Malibu Unified
  • County: Los Angeles

Lot

  • Zoning: SMOP2*, 4289002021
  • View: None

Utilities

  • Sewer: Other

Financial

  • Source: CRMLS

Property

  • Year Built: 1956
  • Type: Multi-Family
  • Style: Traditional
  • Neighborhood: Ocean Park
  • Parcel #: 4289002021

Schools

  • District: Santa Monica-Malibu Unified

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Listing Broker

Dale Kaiser
1 @
License #: 01297036
Location: Cayucos, CA
Dale Kaiser, President/Owner of Dale Kaiser Real Estate Inc. is an astute businessman with an encyclopedia-like knowledge of San Luis Obispo County beach property and the people who own it. Dale has emerged as the broker of choice most widely associated with the unique coastal properties including Cayucos, Morro Bay, Cambria, and Los Osos. Dale has worked closely with the California Coastal Commission and the County of San Luis Obispo Planning and Building Department for over 40 years giving his clients a distinct advantage that comes from wisdom, experience, and knowledge. Dale lives in Cayucos with his precious daughter Averie and classy canines, Mary Lou & Macho. As your professional real estate advisor, I focus on client satisfaction. My business is about service and I am not happy until you are happy. My years in the business have provided me the experience to assist you with nearly every real estate need. Whether it's finding you a home, finding the best loan, or helping you get the most out of selling your home I am here to guide you. If there is anything you need, please let me know.

Property For Sale

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Last Updated: 05/13/2024 04:24:04 pm

Offered by: Tregg Rustad, 01349144, 310-623-8825 @ Rodeo Realty

MLS: #24380145

Source: California Regional MLS

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710 Bay Street, Santa Monica, CA 90405 is a 4 Bed, 3 Bath, 2,073 Sq Ft, 0.1027 Acres, Multi-Family built in 1956.

This property is currently available and was listed by California Regional MLS on 04/16/2024 12:00:00 am. The MLS # for the property is MLS #24380145.

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