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John Hickey

john.hickey@engelvoelkers.com +1(818) 434-6696

$ 3,799,000

Est. payment -/mo

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Active

2709 Santa Monica BLVD Santa Monica, CA 90404

4 Beds

3 Baths

4,393 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,393 sqft

Price per Sqft $864

MLS Listing ID 26651121

Bedrooms 4

HOA Y/N No

Year Built 1946

Lot Size 7,522 Sqft

Property Description

Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMC4*

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Exterior

Parking Features Driveway, Garage, Tandem

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N No

View None

Total Parking Spaces 7

Private Pool No

Building

Faces South

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 4267009022

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Dennis Adelpour Berkshire Hathaway HomeServices California Properties #01773733

NEARBY SCHOOLS & PROPERTIES

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

John Hickey

2709 Santa Monica BLVD Santa Monica, CA 90404

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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2709 Santa Monica BLVD