710 Bay St, Santa Monica, CA 90405 | Closed

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 4 Bedrooms
  • 3.0 Bathrooms
  • 2,073 Sq Ft
  • 4,473 Sq Ft

Description

Back on market - previously sold with multiple offers! Buyer did not perform because of personal health reasons (nothing to do with property). Superb, charming, pride-of-ownership TRIPLEX in the heart of Ocean Park, only moments from cafes, shops, Joslyn dog park and the beach. This updated 1950's property includes two 1 bed +1 bath units and one 2 bed + 1 bath rear unit with private patio/yard area with mature shade trees. Each warm, adorable unit contains unique, tasteful finishes. All three units have parking, feature hardwood floors, and have been remodeled with updated kitchens and bathrooms. Fully occupied building with near-market value rents complete with on-site laundry room. Gross income is appx. $8,903/mo (includes rent and laundry income)! With superior rents and easy, high quality tenant choices available, this property will not last long. Delivered fully occupied. Current operating expenses approx. $7,021/year (excluding taxes and mortgage).

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Owner

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,849,000
Property Type Triplex (3-units)
Usable Sqft 2,073
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1956
Last Sold October 13, 2017
Sold Price 1,842,155
APN # 4289002021
MLS # Unknown
Property ID 1450823
Lot Sqft 4,473
Zoning SMOP2*
Total Units 3
Applicances Dishwasher,Dryer,Refrigerator,Washer%
Date Updated October 13, 2017
Date Created August 03, 2017
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 1 1.0 $2,650 $2,650
Unit #2 1 1.0 $2,523 $2,650
Unit #3 2 1.0 $3,650 $3,800
Gross Income (Yr) $ 106,836
Operating Expenses $ 0
Net Income (Yr) $ 0

Listing Provided By

Tregg Rustad an agent of Rodeo Realty - Beverly Hills. Lic #01349144


© 2024 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of October 13, 2017 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



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