See Home Value
$2,550,172*
Commercial - Off Market

502 Bay St

Santa Monica, CA 90405
bedrooms
Studio
bathrooms
0 Bath
$2,250,000 - $2,750,000
Reference Base Price*
2.01%
Since Jun 1, 2023
CA-Los Angeles
Primary Model

About This Property

Get ready to make this  five unit beauty your very own!  Walk to the beach, near Santa Monica College, mintues  to UCLA, and the Promenade in Santa Monica. This is a rare Santa Monica investment opportunity just south of Pico blvd. Investors, 1031 and Cash buyers, this is it!  One parcel, two units,  8000+ corner lot duplex with private yard.  This duplex  consist of  (one) 2 bed /1bath and (one) 1bed/1bath. The three units consist of (3) 2 bed /1 baths with laundry hook-up inside the units!  Do not contact/disturb tenants!!  Seller will be doing a 1031 exchange at COE, and will need to identify another property.  Showing of Interior with accepted offer. Do not disturb/contact tenants! Contact LA ! Seller is highly motivated and ready to go to escrow.  LA is related to seller.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
May 6, 2023 No longer available -
No longer available
May 4, 2023 Sold $1,609,000
Sold
Mar 22, 2023 Price Decreased $2,500,000
↓ $100K (3.9%)
Price Decreased
Feb 11, 2023 Price Decreased $2,600,000
↓ $100K (3.7%)
Price Decreased
Jan 10, 2023 Listed $2,700,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$2,700,000 May 11, 2021
-
-
House
Stu
-
7,347 ft²
$368/ft²
$2,699,999 Feb 24, 2023
-
-
In Contract
Multifamily
12 Beds
6 Baths
5,250 ft²
$487/ft²
$2,555,000 Jul 25, 2022
-
-
Condo
2 Beds
2 Baths
1,324 ft²
$1,945/ft²
$2,575,000 Jan 19, 2023
-
$1,750/mo
Multifamily
6 Beds
-
-
$2,575,000 Feb 1, 2023
-
-
In Contract
Condo
3 Beds
3.5 Baths
2,300 ft²
$1,173/ft²
$2,699,000 Feb 6, 2023
-
$895/mo
Multifamily
2 Beds
-
-
$2,700,000 May 16, 2022
-
-
Multifamily
6 Beds
4 Baths
2,464 ft²
$873/ft²
$2,150,000 Feb 17, 2023
-
-
Multifamily
11 Beds
-
-
$2,925,000 Oct 14, 2021
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

502 Bay Street 502 Bay Street, Santa Monica, CA 90405
  • 1 Unit for Sale
More about this Building
502 Bay Street
Want to find out who owns 502 Bay Street, Santa Monica, CA 90405? Get detailed property transactions here .

About Ocean Park


Similar Homes for Sale

Unit for sale at 1836 Euclid Street, Santa Monica, CA 90404

$2,150,000

  • 6 Beds
  • 4 Baths
  • 2,464 ft²
1836 Euclid Street, Santa Monica, CA 90404 Listing by Gregory Eubanks
Unit for sale at 619 Pacific Street, Santa Monica, CA 90405

$2,700,000

  • 2 Beds
619 Pacific Street, Santa Monica, CA 90405 Listing by John Isaac
Unit for sale at 2618 2nd Street, Santa Monica, CA 90405

$2,575,000

  • 6 Beds
2618 2nd Street, Santa Monica, CA 90405 Listing by John Swartz

Nearby Rentals

Unit for rent at 117 Paloma Ave, Venice, CA, 90291

$1,550 /mo

  • Studio
  • 1 Bath
  • 325 ft²
117 Paloma Ave #117 Paloma Ave Unit G, Venice, CA, 90291 Listing by Manager
Unit for rent at 1013 Ocean Park Blvd., Santa Monica, CA, 90405

$1,725 /mo

  • Studio
  • 1 Bath
1013 Ocean Park Blvd. #1013 Ocean Park Blvd. 05, Santa Monica, CA, 90405 Listing by Manager
Unit for rent at 116 Rose Avenue, Venice, CA, 90291

$1,695 /mo

  • Studio
  • 1 Bath
  • 400 ft²
116 Rose Avenue #116 Rose Avenue - #7, Venice, CA, 90291 Listing by Manager


Quantcast