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: | 53 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 708 |
| Price per unit: | $ 450,000 |
| Year Built: | 1941 |
Property Details
ADU potential off the alley where the two detached double car garages are. "Meetings the City have confirmed that an ADU can be built on this property." per an ADU researcher. Wonderful location at the hub of being just North of Sunset Park, blocks away from 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.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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Income
