Investment Opportunity: This triplex on a spacious 7,485 sq. ft. lot is a real gem in the heart of Santa Monica, minutes from Santa Monica College. Currently offering three charming 2-bedroom, 1-bathroom units, this property already boasts several attractive features such as updated electric and plumbing & permits in process for expansions, opening up the potential for increased rental income.
The existing bungalows feature recently remodeled kitchens and baths, spacious bedrooms with ample closet space, in-unit washer dryers, and filtered drinking water to add to the convenience. Outside, there’s tons of welcoming outdoor space - perfect for relaxation or entertaining.
The planned additions include two 2-bed, 2-bath ADUs, a 1,000 sq. ft. expansion to the existing back unit, and even the possibility of combining the two front units into a spacious 4-bedroom, 3.5-bathroom dwelling. With these planned improvements, this property represents an excellent investment opportunity in one of Santa Monica's most sought-after neighborhoods.
I have been in real estate for over 35 years. My experience and knowledge of the Los Angeles area set me apart from the other agents. I am not just any real estate agent. To be called a REALTOR, I have shown a higher level of knowledge and experience to assist you with your real estate needs. I help you negotiate and ultimately guide you through the entire transaction process. Providing the best customer service is a top priority for me.
Over the years I have created a network of real estate agents locally and nationally, which is an advantage to the consumer. Currently, I have ownership in four Keller Williams offices. My real estate career originally started in Hancock Park where I was in the top 25 realtors in the Los Angeles region. Over time I have expanded my business to the Santa Monica, Venice and Marina del Rey areas. For the past 15 years, I have been living and selling in beachside communities. I now have a team of professionals to serve our clients.