Address
508 Bay Street Santa Monica, CA
Price
$ 2,599,900
Property Attributes
  • MLS#20627802
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90405
  • StyleBungalow
  • Price$ 2,599,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Benjamin S. Lee with Coldwell Banker Realty
Property Description

4 unit value-add apartment building located in the heart of Santa Monica's Ocean Park neighborhood, long considered one of the most desirable and sought-after in all of Southern California. Property has a Walk Score of 94 and is located just 5 blocks from the beach and 3 blocks to bars, restaurants, cafes and retail of Santa Monica's hip Main Street. Other area attractions include the Santa Monica Pier, Third Street Promenade, Venice Beach Boardwalk and Abbot Kinney. Held by the same family for several generations. The property is made up of two (2) structures: a one-bedroom / one-bathroom detached front house and three (3) two-bedroom/one-bathroom apartment units located in the rear of the property. Units feature washer/dryer hookups. One of the two-bedroom/one-bathroom units will be delivered vacant thirty (30) days from the close of escrow. The total building square footage of the property is 3,249 square feet which sits on a 5,918 square foot lot that is SMOP2* zoned.

Price History
9/3/2020 Listed $2,599,900

General Features

Architectural Style Bungalow
Cooling None
Directions On Bay Street 5 blocks from the beach.
Heating Wall Furnace
Listagentaor Beverly Hills/Greater LA
Listing Agent Benjamin S. Lee - BRE#01808926
Listing Agent State License 01808926
MLS Area C14 - Santa Monica
Parking Features Covered, Street
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
View None
Zoning SMOP2*

Interior Features

Heating Y/N Yes

Exterior Features

Lot Size Acres 0.1300
Lot Size Area 5918.0000
Lot Size Source Assessor
Lot Size Square Feet 5918.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90405

Price
AVG $2.97M
$2.6M
Visits
AVG 19
20
Year Built
AVG 1944
1911

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