2117 Stewart Street,Santa Monica, CA 90404
Santa Monica, CA 90404
Description
Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?
Details
| MLS # | PV26043221 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 176 |
| Listing Provided By | Estate Properties | Lisa Oliveras |
Features
| SQ Feet | 2,544 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | SMR2* |
| Acreage | 0.13 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Combination, Floor Furnace, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Window Features | Blinds, Screens |
| Appliances | Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Composition, Shingle |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Lot Features | Zero To One Unit Acre, Lawn, Landscaped, Sprinkler System |
| Fencing | Partial, See Remarks, Wrought Iron |
Parking
| Parking Features | Assigned, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90404 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90404) | |
Price: $1,915,000 low | high Med: $2,325,000 sqft: 2,544 low | high Med: 3,682 $ / sqft: $753 low | high Med: $633 On site: 176 low | high Med: 100 | |
Market Activity 90404
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90404 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90404) | |
Price: $1,915,000 low | high Med: $2,325,000 sqft: 2,544 low | high Med: 3,682 $ / sqft: $753 low | high Med: $633 On site: 176 low | high Med: 100 | |
