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Map
$2,677,428*
●
Multifamily -
Off Market
2618 2nd St
Santa Monica, CA 90405
6 Beds
0 Bath
$2,318,000 - $2,832,000
Reference Base Price*
3.98%
Since Apr 1, 2023
CA-Los Angeles
Primary Model
About This Property
This property is located 2 blocks from the Ocean and just steps
from Main St in Downtown Santa Monica. The two-building complex
comprises of a 1907 bungalow and a 1928 two-unit building. All
three spacious units are two bedrooms, two bathrooms each with
private entrances. The bungalow and the two-unit building are
walk-up style, situated on a 2,502-square-foot lot. All units have
undergone extensive renovations, featuring premium finishes and
high-end appliances, including tankless hot water heaters,
dishwashers, in-unit washer and dryers, and updated all copper
plumbing. The property is located in the desirable Santa Monica
area, providing easy access to a wide range of entertainment
options, including the beach, shopping, dining, and nightlife.
Street parking is available with permits, and each unit is
separately metered for gas and electricity. One unit will be
delivered vacant and can be occupied by an owner | user or leased
out to a tenant at $4,250 per month bringing the in-place cap rate
to 4.44%. A walk score of 98 making the property a walkers
paradiseU Easy access to Blue Bottle Coffee, Holey Grail Donuts,
Urth Cafe and many other restaurants that are popular on Main
StreetU There is plenty of nightlife options as well such as The
Victorian, Jameson's Pub and June Shine.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1907
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 26, 2023 | No longer available | - | |
No longer available | |||
Feb 1, 2023 | Listed | $2,575,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
2
Beds
2.5
Baths
1,755 ft²
$1,624/ft²
$2,850,000
Aug 5, 2022
-
$1,728/mo
Active
Condo
3
Beds
3.5
Baths
2,300 ft²
$1,283/ft²
$2,950,000
Dec 8, 2022
-
$1,375/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|