Courtesy of Remax Commercial and Investment Realty.

1008 2nd St Santa Monica, CA 90403
$9,850,000
19 beds
0 baths
15,600 sq ft

Contact Me to Learn More

Laura Alice Scaturro

Laura Alice Scaturro

Founder

DRE# 01942167

Property Description

1008 2nd Street is an incredible asset in the heart of LAs famed beach City of Santa Monica. Originally built in 1969, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. Each of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light.There is significant rental upside and on-site parking for 21 cars as well as an on-site laundry facility. The unit mix includes (1) 2-bed, 3-bath with a den unit, (4) 2-bed, 2-bath units, (5) 1-bed, 2 bath with a den units, and (4) 1-bed, 1 bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor.A quick walk to Third Street Promenade and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Property Details & Features

Year Built

  • 1969

Appliances and Equipment

  • None

Bathrooms

  • 25.00 total bathrooms

Bedrooms

  • 19 total bedrooms

House

  • 15,600 sq ft
  • Built in 1969

Cooling

  • None

Disclosures

  • As Is

Garage

  • Covered Parking

Heating

  • None

Listing

  • ListDate: 2021-10-13
  • PricePerSqFt: $631
  • 3 days on market

Location

  • County: Los Angeles
  • ListingArea: Santa Monica

Lot

  • LotAcreage: 0.1721
  • LotSizeArea: 7,496

Parking

  • TotalParking: 21

Property

  • NumberOfUnits: 14
  • Zoning: SMR3*

Mortgage Calculator

Let’s Talk

You’ve got questions and we can’t wait to answer them.

We use cookies and tracking technology in connection with your activities on our website. By viewing and using our website, you consent to our use of cookies and tracking technology in accordance with our Privacy Policy.