4-Bedroom ResidentialIncome — 2626 26th Street, Santa Monica, CA
$1,395,000
2626 26th Street, Santa Monica, CA
About this property
**Great VALUE ADD Opportunity** 2626 26th Street is a 4-unit property located in Santa Monica's highly desirable Sunset Park neighborhood just a short walk to Clover Park, the shops and cafes along Ocean Park Blvd, and minutes from Main Street and Santa Monica Beach.Situated on a 7,713 sq. ft. corner lot, the property sits in a quiet residential pocket surrounded by pride-of-ownership buildings and consistent rental demand.The building consists of (4) 1-bedroom/1-bathroom units, each with a functional layout and classic mid-century charm. Two detached two-car garages in the rear provide ample parking and excellent potential for ADU conversion or additional income. Offered at $1,395,000, the property is priced at $566.15 per square foot and $348,750 per unit, with approximately 78% rental upside presenting investors with a rare value-add opportunity in one of Santa Monica's most stable and sought-after submarkets.
Property details
Location
2626 26th Street • Santa Monica, CA 90405
Listed by
David Messiah · Lyon Stahl Investment Real Estate, Inc.