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753 22ND ST, SANTA MONICA, CA 90402

753 22ND ST

$2,743,000

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Sold

753 22ND ST

753 22ND ST, SANTA MONICA, CA 90402

$2,743,000

Very rare opportunity to own an income property in the unrivaled North of Montana location. Just blocks away from world-class shops, restaurants & schools on Montana Ave, and minutes to Brentwood Country Mart. This true value-add opportunity consists of two separate structures on a larger corner lot. The front building, 2221 Montana Ave has two 2 BR + 1 bath, the downstairs unit will be delivered vacant and the upstairs unit is occupied for $2,561/month. The back building, 753 22nd St consists of two 1 BR + 1 bath, renting at $1,986 and $1,845/month. All 4 parking garages will be delivered vacant with the potential to convert them to an ADU. Opportunity to add additional income by utilizing the on-site laundry and renting out an available storage unit. Endless opportunity to add value or build new on this once-in-a-generation trophy location!

6
beds

4
baths

2,918 Sq.Ft. LIVING AREA

6,115 Sq.Ft. lot

Seller Payment to Buyer's Broker: Upon presentation of C.A.R. Form SPBB, Seller agrees to pay Buyer's Broker 2.5% of the purchase price out of the transaction proceeds under the terms defined in said form.

Notice: The amount or rate of real estate commissions is not fixed by law. They are set by each Broker individually and may be negotiable between Seller and Broker (real estate commissions include all compensation and fees to Broker.