2117 Stewart Street
Property Description
Whether you're looking for your next savvy investment or simply want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Along a tree-lined street in a prime location, this excellent property features 4 units, each separately metered for gas and electric. Discover (3) 1-bedroom, 1-bath layouts on the main level and (1) larger 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, along with 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 accommodates two 2-car garages, an additional 1 parking space as well as 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, two-car garages are occupied by the owner, and the potential income from an ADU or renting the garages can be added to the income of the units. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?
Broker Details
Estate Properties (310) 378-9494
MLS ID: VOLIVLIS State License Number: 01141551
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,915,000 |
| No. of Units: | 4 |
| Year Built: | 1941 |
| Opportunity Zone: | No |
| Price per unit: | $478,750 |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 4 |
ID: 3yd-MRMLSCA-PV26043221
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