29
See all 29 photos
$1,920,000
Est. payment /mo
4 Beds
4 Baths
1,924 SqFt
New
2415 Arizona AVE Santa Monica, CA 90404
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,924 sqft
Price per Sqft $997
MLS Listing ID 25547035
Bedrooms 4
HOA Y/N No
Year Built 1938
Lot Size 5,292 Sqft
Property Description
Charming and well-located 4-unit bungalow property situated on a gated, secure corner lot at Arizona Avenue and Chelsea Avenue in the heart of Santa Monica. This attractive asset offers a rare opportunity to acquire stabilized income in a prime location & high-demand rental market. It is also a perfect for an owner-user property, with one of the units to be delivered VACANT as of July 1st. The property consists of two separate duplex structures, each containing two 1-bedroom units, with a shared central patio between the buildings offering a welcoming communal space. Each unit features both front and rear entry access and are light & bright with plenty of sunshine. Three of the four units have been thoughtfully upgraded with new laminate flooring, upgraded bathroom tile, modern light fixtures, new blinds, and upgraded appliances. All units are equipped with gas wall heaters, and water heaters that have been replaced within the past seven years. Unit 2415, located closest to the alley, also enjoys a spacious private patio, perfect for outdoor living and added privacy. The property includes four private garages accessed from the alley, one of which will be available for the upcoming vacancy. Two of the garages are currently rented separately, generating an additional $400 per month in rental income. The garages also provide the perfect opportunity to convert to ADUs (Buyer to verify). Situated on a 5,293 SF R2-zoned lot, 2415 Arizona Avenue is ideally located just minutes from some of Santa Monica's most desirable amenities, including Whole Foods, Trader Joe's, Reed Park, Virginia Avenue Park, and Santa Monica College.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4276017056
Special Listing Condition Standard
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.