An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone''s throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
Property Details
Price:
$4,000,000
MLS #:
SR24024760
Status:
Active
Baths:
0
Address:
943 19th Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Feb 2, 2024
State:
CA
ZIP:
90403
Year Built:
1959
Schools
Interior
Cooling
Wall/ Window Unit(s)
Exterior
Stories Total
2
Water Source
Public
Financial
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943 19th Street
Santa Monica, CA
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