828 Hill St Santa Monica, CA 90405
Active
$2,395,000
4%
3 Units
4 Beds
3 Baths
1,796 Area(sq.ft.)
6,051 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 2 | 1 | No | $ 4,160 | $ 4,160 | $ 5,000 |
Unit 2 | 1 | 1 | 1 | No | $ 1,900 | $ 1,900 | $ 2,300 |
Unit 3 | 1 | 1 | 1 | No | $ 2,400 | $ 2,400 | $ 2,700 |
3 | 3 | 4 | 3 | $ 8,460 | $ 8,460 | $ 10,000 |
MLS #: | 25-484127 |
Days On Market: | 32 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 1,334 |
Price per unit: | $ 798,333 |
Year Built: | 1951 |
Property Details
Beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st Santa Monica and the Beach. This trophy triplex offers a front 2 bd 1 ba house with hard wood floors, new quartz counters, and a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Potential upside in rents to a $123,000 per year and potential owner/user.Interested in this Listing?
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Income Details
Gross Operating Income: | $ 101,520 |
Total Annual Expense: | $ 9,800 |
Net Operating Income: | $ 60,532 |
Gross Annual Income: | $ 101,520 |
Gross Rent Multiplier: | 24.00 |
Structure
Type of Units: | 3 |
Buildings: | 3 |
Levels: | One |
Land & Parking
Zoning: | SMR2* |
Parking Garage: | Covered Parking, Driveway |
Interior
AC/Cooling: | Wall/Window |
Equipment: | Dishwasher, Dryer, Ceiling Fan, Garbage Disposal, Microwave |
Heating: | Wall |
Exterior
Detailed Map
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