SIGNIFICANT PRICR REDUCTION!! Schedule your showing now! Enchanting Duplex in the Heart of Sunset Park discover the allure of Santa Monica living in the highly coveted neighborhood, just a leisurely stroll from the restaurants and shops of Lincoln Boulevard, Abbot Kinney, Rose Ave, and Main Street, Santa Monica. The beach… Read More is less than a mile away!Two stand-alone homes each with their own private yard sit on this spacious 4,800 SF lot. Live in one unit while enjoying rental income from the other. Enter through the front gate and find yourself amongst the lush mature trees and foliage providing a truly serene and peaceful setting. The front house has two bedrooms and one bath, with hardwood floors throughout. This inviting home features a spacious open living and dining area, perfect for relaxation. Enjoy your own tranquil front yard retreat, ideal for morning coffee or quiet evenings under the stars.The rear home has three spacious bedrooms and one and half baths. This spacious unit comes with generous outdoor areas, including a front yard and patioperfect for entertaining friends or basking in the California sun. This unit is currently vacant, it presents an exciting opportunity with a projected market rent of $6,000. A four-car garage (800 SF) awaits your creative touch, offering potential for conversion into an additional unit. This property is subject to rent control laws with the City of Santa Monica, but the property is subject to exemption as it is less than three units. For those considering owner occupancy of either unit the attached documents outline the Santa Monica rent control laws. As long as the owner lives in one of the units, the other unit can be rented at market rate. Should the tenants not want to accept the market rate on the rent, they can elect to take a $36,600 tenant relocation fee (non-negotiable) with a 60-day eviction notice. Please refer to the attached documents from the City of Santa Monica for further details.Don't miss this incredible opportunity to own in one of the best neighborhoods in Santa Monica! If you have questions please do not hesitate to reach out via text to LA1 - Eric Hartnack Read Less
Courtesy of Compass 310-437-7500
Listing Snapshot
Days Online
91
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Partial Baths
1
Square Ft.
2,210
Lot Size
0.11 Acres
Year Built
1948
MLS Number
24-438063
30 Days Snapshot Of 90405
$1,533k
-29%
(avg) sold price
10
-41%
homes sold
72
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Roof
Asphalt
Appliances & Equipment
Built-In Gas, Cooktop - Gas, Oven-Gas, Microwave, Gas, Dishwasher, Garbage Disposal, Microwave, Gas Or Electric Dryer Hookup, Washer, Refrigerator
Building
2,210 sq ft, Built in 1948, Levels: One, Detached/No Common Walls, Bungalow
Cooling
Air Conditioning, Central
Disclosures
Rent Control
Exterior Features
Stucco
Fence
Wood, Wrought Iron
Fireplaces
1 fireplace, Gas and Wood
Floors
Wood Laminate
Foundation
Raised
Garage
Garage - 4+ Car
Water Features
Sprinklers: Rear, Sprinkler System
Heating
Forced Air, Natural Gas, Central
Home Owner's Association
HOA Present
Interior Features
Detached/No Common Walls, Drywall Walls, Mirrored Closet Door(s), Recessed Lighting
Laundry
In Unit, Laundry Area
Lot
LotAcreage: 0.1105, LotSizeArea: 4,813
Parking
TotalParking: 3
Pool
PoolYN: False, None
Property
PropertySubType: Single Family Residence, ViewDescription: City Lights, ViewYN: 1, Zoning: SMR2*, Balcony, Barbecue Private, Two On A Lot, Sliding Glass Doors, Updated/Remodeled
Spa
Has spa, None
Utilities
Tankless
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