1516 Maple St Santa Monica, CA 90405

$2,149,000
Santa Monica, CA   90405
0 Beds, 0.0 Baths, 0 sq ft, 6,280 sq ft lot, Built in 1940
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0 Beds,
0.0 Baths,
0 sq ft,
6,280 sq ft lot
Built in 1940

Description

MLS# 18335260

Pride-of-ownership Sunset Park triplex w/3 separate cottages located on quiet tree lined st. Blks from cafes & shops, within about a mile from beach. These unique detached cottages are filled w/natural light & share gated prvt courtyard in a peaceful setting. Upgrades: hrdwd flrs, remodeled kit & baths, generous use of skylights, vaulted ceilings, crown mouldings, vintage details & patio areas for each cottage. Two rented cottages (2b/2ba rented @ $3,607/mth and 2b/1ba+bonus room rented @ $3,580/mth) have upside potential. One unit is vacant (2b/2ba + bonus rm/3rd bd w/$4,000/mth projected rent) so a new owner can start at market or move in! Every detail has been carefully executed. Light & bright shared laundry rm. Courtyard features mature trees & professionally designed drought tolerant landscaping. CAP rate based on current rents + projected rent for vacant unit is: 4.7%! With superior rents & high-quality tenant choices available, this is an outstanding investment opportunity. Listed by Tregg Rustad, Rodeo Realty Beverly Hills.

Description

MLS# 18335260

Pride-of-ownership Sunset Park triplex w/3 separate cottages located on quiet tree lined st. Blks from cafes & shops, within about a mile from beach. These unique detached cottages are filled w/natural light & share gated prvt courtyard in a peaceful setting. Upgrades: hrdwd flrs, remodeled kit & baths, generous use of skylights, vaulted ceilings, crown mouldings, vintage details & patio areas for each cottage. Two rented cottages (2b/2ba rented @ $3,607/mth and 2b/1ba+bonus room rented @ $3,580/mth) have upside potential. One unit is vacant (2b/2ba + bonus rm/3rd bd w/$4,000/mth projected rent) so a new owner can start at market or move in! Every detail has been carefully executed. Light & bright shared laundry rm. Courtyard features mature trees & professionally designed drought tolerant landscaping. CAP rate based on current rents + projected rent for vacant unit is: 4.7%! With superior rents & high-quality tenant choices available, this is an outstanding investment opportunity. Listed by Tregg Rustad, Rodeo Realty Beverly Hills.

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  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: C14 - Santa Monica
COUNTY: LA
Building Info
STORIES: 1
COMMON WALLS: No Common Walls
PARKING: Driveway
COOLING: None
VIEW: None
POOL: None
LAUNDRY: Dryer Included, Individual Room, Washer Included, Community
Interior Features
APPLIANCES: Refrigerator, Dishwasher
FLOOR: Wood
ENTRY/LEVEL: Ground Level With Steps
FIREPLACE: None
Exterior Features
SECURITY: Gated Community
ROOFING: Asphalt
STYLE: TRD
CONDITION: Updated/Remodeled, Additions/Alterations
CONSTRUCTION: Stucco
Garage & Parking
PARKING SPACES: 0.00
GARAGE SPACES: 0.00
CARPORT SPACES: 0.00
Community
UNITS TOTAL: 3
STORIES TOTAL: 1
Land
ZONE: SMR2*
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