2121 Stewart St Santa Monica, CA 90404
Active
$1,800,000
4 Units
5 Beds
4 Baths
2,544 Area(sq.ft.)
5,558 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,500 | $ 1,784 | $ 2,500 |
| Unit 2 | 2 | 1 | 1 | No | $ 2,700 | $ 2,495 | $ 2,700 |
| Unit 3 | 3 | 2 | 1 | No | $ 2,900 | $ 2,825 | $ 2,900 |
| Unit 4 | 4 | 1 | 1 | No | $ 2,700 | $ 2,350 | $ 2,700 |
| 4 | 10 | 13 | 10 | $ 27,400 | $ 24,649 | $ 27,400 |
| MLS #: | 24-452031 |
| Days On Market: | 111 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 708 |
| Price per unit: | $ 450,000 |
| Year Built: | 1941 |
Property Details
One ground floor 1 bedroom unit soon to be vacant! Also, ADU potential off the alley where the two detached double car garages are*. Wonderful location at the hub of being just North of Sunset Park, blocks away from Whole Foods 360, Trader Joe's, classic diner-Rae's, the EXPO line off of either Bergamot Station stop or Bundy. Santa Monica College SMC 's main campus just a few miles away and other sites within blocks.* "Meetings the City have confirmed that an ADU can be built on this property." per an ADU researcher."Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 113,448 |
| Total Annual Expense: | $ 34,034 |
| Net Operating Income: | $ 79,414 |
| Gross Annual Income: | $ 125,448 |
| Cap Rate: | 4.4% |
| Gross Rent Multiplier: | 15.87 |
| Actual Gross Rent: | $ 113,448 |
| Actual Gross Income: | $ 113,448 |
| Actual Rent Total: | $ 9,454 |
Structure
| Amenities: | None |
| Type of Units: | Residential |
| Buildings: | 2 |
| Levels: | Multi/Split |
| Style: | Traditional |
| Sewer: | In Connected and Paid |
| View Description: | None |
| Water: | District |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | Tandem, Covered Parking, Garage - 4+ Car |
Interior
| Cooking Appliances: | Oven, Range, Gas |
| AC/Cooling: | None |
| Equipment: | Garbage Disposal, Refrigerator, Range/Oven, Dishwasher |
| Heating: | Wall, Wall Gas |
| Fireplace Rooms: | None |
| Interior Features: | Plaster Walls |
| Laundry: | Laundry Area |
| Laundry Equipment: | Own |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Asphalt |
| Spa: | No |
Detailed Map
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