Listing ID: SW21130322
Sold For: $2,350,000
Price/SqFt: $742.73
Status: Closed
Sold Date: 6/30/2022
Address: 2547 3rd Street
City: Santa Monica
State: California
Postal Code: 90405
SqFt: 3,164
Acres: 0.232
County: Los Angeles
Santa Monica
CA
90405
Amazing opportunity to own three single story separate bungalows, one with two units on elevated lot in the Historic District of Santa Monica. 2547, 2547 1/2,2551 & 2549 are all being sold together on one oversized corner lot and has significant upside potential and picture window views with glimpses of the ocean. The front bungalow consists of 2br, 1ba with a partially finished attic with skylights. Attached to the first bungalow is a separate unit with 1br, 1ba with your own private entrance. Bungalow #2 has 3bd, 2ba with cute back patio. Behind the two Bungalows is another separate structure that has 2 bd, 1ba. Each unit has a garage storage space. Both front units have front yard landscaping. Don't miss these very unique properties superbly located on Ocean Parks Blvd and 3rd street, just 3 blocks from the beach. An easy stroll to trendy Main St, beaches, shopping and Farmers Market. Leave your car at home and enjoy beach life.
Heidi Bowser

Primary Features

County: Los Angeles
Price Before Reduction: 3499888
Price Reduction Date: 2021-11-15T23:23:04+00:00
Price/SqFt: 742.73
Property Type: Residential Income
Year Built: 1904
Zoning: SMOP2*

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: No Common Walls
Laundry: yes
Laundry Features: Individual Room
Levels: One

External

Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Value In Land
Lot Size Area: 10092
Lot Size Source: Assessor
Lot Size Square Feet: 10092
Number Of Buildings: 3
Pool Features: None
Private Pool: no
Property Attached: no
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: C14 - Santa Monica

Additional

Additional Parcels: no
Community Features: Biking, Curbs, Fishing
Days On Market: 345
List Agent State License: 01902265
List Office State License: 01897784
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Number Of Units Total: 4
Parcel Number: 4287011017
Senior Community: no
Start Showing Date: 2021-06-26T00:00:00+00:00
Year Built Source: Assessor

Financial

Gross Scheduled Income: 36251
Insurance Expense: 2100
Land Lease: no
Net Operating Income: 28659
Operating Expense: 7592
Price Per Unit: 724972
Rent Control: yes
Special Listing Conditions: Standard, Trust
Tax Block: 6
Tax Census Tract: 7021.02
Tax Lot: 11
Tax Tract Number: 7021
Tenant Pays: Cable TV, Electricity, Gas
Total Expenses: 8483
Trash Expense: 3108
Water Sewer Expense: 3275

Zoning Info


Area Info


© 2022. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Last updated Friday, August 19th, 2022.

Based on information from CARETS as of Friday, August 19th, 2022 09:52:03 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Listing Agent: Heidi Bowser, DRE #01902265 from Century 21 Award-Tem Redhawk 951-491-7000
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Listing Agent: Heidi Bowser, DRE #01902265 from Century 21 Award-Tem Redhawk 951-491-7000
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Listing Agent: Heidi Bowser, DRE #01902265 from Century 21 Award-Tem Redhawk 951-491-7000

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