1646 FRANKLIN Street, Santa Monica, CA 90404

$2,995,000
List Price
$2,995,000
Status
ACTIVE
MLS#
20556168
Year Built
1970
Lot Size
5,236
Days on Market
48
Property Type
Multifamily

Property Description

Unique opportunity, rare 4 unit building in Santa Monica with great unit mix. Owner's unit, remodeled & painted has 3 very large bedrooms, 2.5 baths (Appx 1800 sqft). Bright, sunny living room, den with fireplace, dining area, remodeled kitchen & baths, laminated floors throughout, direct access to 2 car private garages, 2 balconies & laundry inside (Projected income $6500). Enjoy living in the FRONT VACANT 3 BR +2.5 Baths unit, and use the income of the 3 back units to help with your mortgage. 2 units, 2+2 and 1 unit 2+1 all with bamboo floors and some upgrades. Additional income from community Laundry facility (appx yearly $1,000), 4 carport parking in the back and New Hot Water heater. Property is located in close proximity to premium amenities, restaurants, shopping, places of worship and short walk to Metro Station. SOFT RETROFIT IS IN PROCESS AND WILL BE COMPLETED BEFORE CLOSE OF ESCROW. OPEN HOUSE Sunday March 1st 1-4.

Additional Information

Appliances
Dishwasher, Disposal, Refrigerator
Fireplace Description
Den
Heat
Radiant
Cooling Description
None
Garage Spaces Total
2

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rachel Shamash from Landmark Realtors, Inc.