Homes for sale - 101 Strand ST, Santa Monica, CA 90405

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$5,595,000

Est. payment - /mo

9 Beds

9 Baths

5,728 SqFt

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UPDATED:

11/25/2024 10:33 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,728 sqft

Price per Sqft $976

MLS Listing ID 24462503

Bedrooms 9

HOA Y/N No

Year Built 1955

Lot Size 5,174 Sqft

Property Description

101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1245 Per Sq Ft plus homeowners dues averaging $1587. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP3*

Interior

Cooling None

Fireplace No

Exterior

Parking Features None

Garage Spaces 2.0

Garage Description 2.0

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4289022006

Special Listing Condition Standard

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Listed by Francyne Lambert • Lambert Investments, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

101 Strand ST Santa Monica, CA 90405