About This Home
This 6-bedroom, 5-bathroom residential multi family at 1817 17th St in Santa Monica, CA is listed for $2,295,000 ($850 per sqft). the home offers 2,700 sqft of living space on a 0.18 acres lot.
Key Features
- 0.18 acre lot
- 5 parking spaces
Property Details
COMPLETELY VACANT TRIPLEX! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions.
Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica).
Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal.
Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.
Monthly Cost Estimate
$12,274/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1817 17th St
Santa Monica, CA 90404
Property Details
Parking
Heating
Questions & Answers
This 6-bedroom, 5-bathroom residential multi family at 1817 17th St is listed at $2,295,000 ($850/sqft). The estimated monthly payment is $12,274 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.18 acre lot, 5 parking spaces.
This property is listed by Hatim Zaki and can be reached at 3104301199.
