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1902 Montana Avenue

Santa Monica, CA 90403
  • $2,775,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 23296929
Price Reduced
$2,775,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,237
    SQFT
  • $857
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing Agent(s): David Messiah of Shield Cre, Inc. (310-593-9869)


Description

Price Improved by $120,000 | VACANT 2-BED/1-BATH UNIT with Hardwood Floors & Private Balcony- Presents Desirable Owner-User Opportunity While Qualifying for Attractive Residential Financing | Unit Mix of (One) 2-Bed/1-Bath Unit, (Three) 1- Bed/1-Bath Units & (One) Studio Non-Conforming Unit | Non-Conforming Studio is Achieving $2,195/Month | Both 1-Bed/1-Bath Unit and Non-Conforming Studio are Fully Remodeled| (Five) Driveway Parking Spots with (Four) Garages- (Two) Garages Will Be Delivered VACANT Upon the Close of Escrow | Potential to Generate Additional Income and/or Build ADUS | Garage Rental- Potential+Actual $950/Month | Freshly Painted Exterior, New Roof Installed Within the Last 5-Years & Extra Storage Space Located in Courtyard | Outstanding Location- Walking Distance to Trendy Restaurants, Cafes, & Retail Shops on Montana Avenue and is Within 1.5 Miles from Santa Monica Beach, 3rd Street Promenade & Palisades Park

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142079109
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1902 Montana Avenue Santa Monica, CA 90403

  • Price: $2,775,000
  • Status: Active
  • On Site: 50 Days
  • MLS #: 23296929
5
Beds
0
Baths
0
½ Baths
0.14
Acres
3,237
SQFT
$857
$/SQFT
1939
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Price Improved by $120,000 | VACANT 2-BED/1-BATH UNIT with Hardwood Floors & Private Balcony- Presents Desirable Owner-User Opportunity While Qualifying for Attractive Residential Financing | Unit Mix of (One) 2-Bed/1-Bath Unit, (Three) 1- Bed/1-Bath Units & (One) Studio Non-Conforming Unit | Non-Conforming Studio is Achieving $2,195/Month | Both 1-Bed/1-Bath Unit and Non-Conforming Studio are Fully Remodeled| (Five) Driveway Parking Spots with (Four) Garages- (Two) Garages Will Be Delivered VACANT Upon the Close of Escrow | Potential to Generate Additional Income and/or Build ADUS | Garage Rental- Potential+Actual $950/Month | Freshly Painted Exterior, New Roof Installed Within the Last 5-Years & Extra Storage Space Located in Courtyard | Outstanding Location- Walking Distance to Trendy Restaurants, Cafes, & Retail Shops on Montana Avenue and is Within 1.5 Miles from Santa Monica Beach, 3rd Street Promenade & Palisades Park
Exterior Features

Direction Faces West Number Of Separate Electric Meters 5 Parking Features Side By Side Parking Total 5

Interior Features

Appliances Gas OvenMicrowaveOvenRefrigeratorWasher Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Garage YN Yes Gross Income 146556 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 98322 New Construction YN No Number Of Separate Gas Meters 5 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Smr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): David Messiah of Shield Cre, Inc. (310-593-9869)