1817 17th St, Santa Monica, CA 90404
- $2,295,000
- 6
- BD
- 5
- BA
- 2,700
- SqFt
- List Price
- $2,295,000
- MLS#
- 26853475
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 2,700
Property Description
COMPLETELY VACANT TRIPLEX! OPPORTUNITY KNOCKS!!! OFFERS ARE DUE BY MONDAY AUGUST 3RD!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.
Additional Information
- Garage
- Driveway
Mortgage Calculator
Courtesy of Nelson Shelton & Associates, Hatim Zaki.
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