1538 16th Street, Santa Monica, CA 90404 (MLS # SB24054923)
Welcome to this duplex opportunity with great upside located in highly coveted Santa Monica. Both units are vacant, this property presents a lucrative opportunity for investors seeking a rewarding project with substantial potential. The duplex comprises two distinct units: 2-bedroom, 1-bathroom front unit, and a spacious 3-bedroom, 2-bathroom rear unit. Perfectly suited for customization, both units offer the canvas for a personalized touch and renovation, making it an ideal investment for those with a vision for transformation. Situated on a generous 7,521 sq foot lot, the property features a sizable yard, providing ample space for potential expansion (verify with the city for a potential ADU build). Additionally, at the rear of the lot, a convenient 2-car garage awaits, offering flexibility for storage or potential division. The property benefits from a recently installed front fence and new garage doors, adding to its curb appeal and functionality. While renovation work is needed, the property boasts the advantage of conversion to a single-family residence. Conveniently located within close proximity to the metro E line. This prime location grants easy access to a myriad of attractions including 3rd St Promenade, Sunset/Ocean Park, Santa Monica Pier & Beach, highly rated Santa Monica Unified School District and the 10 Freeway!
Property Type(s):
Residential Income
Last Updated
|
3/25/2024
|
Year Built
|
1944
|
Community
|
Santa Monica
|
Garage Spaces
|
1.0
|
County
|
Los Angeles
|
Additional Details
AREA |
Santa Monica |
BUYER'S BROKERAGE COMPENSATION |
2.500 % |
GARAGE |
Yes |
LOT |
7523 sq ft |
LOT DESCRIPTION |
Yard |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
WATER |
Public |
ZONING |
SMR2* |
Location
Listed with Redfin Corporation
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/24 2:57 AM PDT and /or other sources. 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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