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Ernie Caponera

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

$2,649,000

Est. payment - /mo

4 Beds

3 Baths

2,590 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $1,022

MLS Listing ID 26833885

Bedrooms 4

HOA Y/N No

Year Built 1936

Lot Size 7,187 Sqft

Property Description

OPPORTUNITY KNOCKS!!! Turn-Key investment opportunity!!! A rare gem in one of Southern California's most sought-after coastal communities, this beautifully maintained and extensively upgraded triplex presents an exceptional investment and owner-user opportunity just minutes from the beach. Ideally situated near Santa Monica College and approximately two miles from Santa Monica Pier, Palisades Park, Third Street Promenade, Venice Beach, and Santa Monica Place, this unique property features a charming front duplex built in 1936 (Units A & B) and a spacious detached rear owner's residence added in 1956 (Unit C), all situated on an expansive 7,187 SqFt lot. Each unit has been thoughtfully maintained and upgraded with hardwood flooring, copper plumbing, underground utilities, individual washers and dryers, separate front and side entrances, and key-lock security gates. A large shared patio between Units B and C provides an inviting outdoor space perfect for entertaining or relaxing. Unit A offers a one-bedroom, one-bath layout with dining area, laundry room, vinyl windows, gas range, parking for two vehicles, and a private enclosed garage/storage space. Unit B features two bedrooms, one bathroom, dining area, laundry room, gas range, vinyl windows, driveway parking for up to three vehicles, and an enclosed garage/storage. Unit C boasts a spacious living room, large bedroom, full bathroom, mud room with garage access, an updated kitchen, new washer and dryer, dishwasher, alley-access parking for three vehicles, and an enclosed garage equipped with an electric door and EV charger. Recent major capital improvements include a new roof with gutters and downspouts, new garage doors, new HVAC systems with heating and cooling in all units, all new tankless water heaters, upgraded electrical panel with sub-panel, new gas safety shut-off valves, sewer line, remodeled bathrooms in Units A and B, a complete remodel of Unit C including flooring, doors, windows, kitchen cabinetry and appliances, bathroom, laundry room, and garage upgrades. A truly one-of-a-kind coastal income property offering pride of ownership, strong rental appeal, and an unbeatable location.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Water Purifier, Dryer, Washer

Exterior

Parking Features Carport, Door-Multi, Garage

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4273002017

Special Listing Condition Standard

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Listed by Hatim Zaki Nelson Shelton & Associates #01976387

Nearby Locations

"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

2252 20th ST Santa Monica, CA 90405

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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2252 20th ST