710 BAY ST, Santa Monica, CA 90405 | Off-market

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • 4 Beds
  • 3.0 Baths
  • 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
Outdoor Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Open Floorplan
Great Views
Natural Light
Quiet
Elevator
Balcony
Guest Unit(s)
Furnishings

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 1
Parking Spots 0
Year Built 1956
Last Sold October 13, 2017
Sold Price 1,842,155
APN # Unknown
MLS # 17257284
Property ID 1450823
Lot Sqft 4,473
Zoning SMOP2*
Total Units 3
Applicances Dishwasher,Dryer,Refrigerator,Washer%
Date Updated May 19, 2018
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


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© 2020 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 7, 2018 4:38 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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