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Property Description

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!

Overview

Property Status
Sold
Date Sold
August 17, 2022
Lot Size
6,115 Sq.Ft.
MLS ID
22-133969
Property Type
Multi-Family
Year Built
1940

Features & Amenities

Neighborhood
Santa Monica
Stories
2
Parking
Garage Is Detached
Heat Type
Other
Air Conditioning
None
Appliances
Other
Sales Price
$2,743,000
Zoning
SMR2*

Downloads

753 22ND ST

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 753 22ND ST, SANTA MONICA, CA 90402

Property Description

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!

Overview

Property Status
Sold
Date Sold
August 17, 2022
Lot Size
6,115 Sq.Ft.
MLS ID
22-133969
Property Type
Multi-Family
Year Built
1940

Features & Amenities

Neighborhood
Santa Monica
Stories
2
Parking
Garage Is Detached
Heat Type
Other
Air Conditioning
None
Appliances
Other
Sales Price
$2,743,000
Zoning
SMR2*

Downloads

753 22ND ST

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 753 22ND ST, SANTA MONICA, CA 90402

753 22ND ST
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