2709 Santa Monica Boulevard, Santa Monica

$3,598,000

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3 Beds
5 Baths
4,393 Sqft
.17 Acre
0 Garage

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

Essential Information

MLS® #
24367013
Price
$3,598,000
Bedrooms
3
Bathrooms
5.00
Square Footage
4,393
Acres
0.17
Year Built
1946
Type
Residential Income
Status
Active

Community Information

Address
2709 Santa Monica Boulevard
Area
C14 - Santa Monica
City
Santa Monica
County
Los Angeles
Zip Code
90404
Senior Community
N

Amenities

Parking
Driveway, Garage
Garages
Driveway, Garage

Interior

Appliances
Refrigerator, Dryer, Washer
Heating
Wall Furnace
Stories
Two

Additional Information

Date Listed
March 14th, 2024
Days on Market
64
Zoning
SMC4*

Listing Details

Agent
Victoria Risko
Office
The Beverly Hills Estates
Property History
Price Reduced from $3,985,000 to $3,598,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 1:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.