1417 17th Street, Santa Monica

$2,995,000

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6 Beds
5 Baths
4,722 Sqft
.17 Acre
0 Garage

Rare opportunity for an investor or owner/user to acquire a 2018/2019 construction modern-luxury 5 bed/4 bath home and 5 additional (1+1) multifamily units situated on a 7,493 SF lot in prime Santa Monica. The home features beautiful finishes throughout, including an expansive chef's kitchen equipped with Viking appliances, a large center island, Carrera countertops, and custom cabinetry. Additional features include hardwood flooring, a stackable washer and dryer, and central A/C and heat with separate controls for the first and second floor. The bathrooms feature custom cabinetry, Carrera marble, modern fixtures, and mosaic tile finishes. The property is equipped with a camera system, intercom and app-controlled garage door access. The home is currently occupied by a tenant. Also, the oversized lot features (5) 1+1 income producing rental units with significant rental upside. 1 of the 5 units has been renovated with high-end finishes and the building features new exterior paint, a new roof and new landscaping. Investors have the opportunity to implement additional renovations and eventually capture market rents.

Essential Information

MLS® #
24370481
Price
$2,995,000
Bedrooms
6
Bathrooms
5.00
Square Footage
4,722
Acres
0.17
Year Built
1940
Type
Residential Income
Status
Active

Community Information

Address
1417 17th Street
Area
C14 - Santa Monica
City
Santa Monica
County
Los Angeles
Zip Code
90404
Senior Community
N

Amenities

Parking Spaces
9
Parking
Assigned, Garage, Door-Single
Garages
Assigned, Garage, Door-Single

Interior

Heating
Central
Cooling
Central Air
# of Stories
2
Stories
Two

Appliances

Dishwasher, Disposal, Microwave, Dryer, Washer

Additional Information

Date Listed
March 19th, 2024
Days on Market
44
Zoning
SMR2*

Listing Details

Agent
Janet Neman

Office

Kidder Mathews of California, Inc.

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Janet Neman - Kidder Mathews of California, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 6:35pm 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.