4-Bedroom Residential Income - 1434 24th Street, Santa Monica, CA

Description

**ALL 3 UNITS ARE AVAILABLE TO SEE DURING THE OPEN HOUSES** A Santa Monica original with serious style, flexibility, income and upside. Tucked into the heart of Santa Monica's vibrant Broadway Arts District, this charming Spanish-style triplex is the kind of property that doesn't come along every day. The property features three completely separate homes, offering privacy, versatility, and multiple ways to make the property work for you. One of the one bedroom cottages enjoys a den. Full of character and opportunity, it puts you right in the middle of the action-just moments from creative studios, art centers, the Santa Monica Co-Op, Metro Rail, and an eclectic mix of local shops, dining, and events. The beautifully remodeled front home is vacant and the two rear cottages are month to month with a lush private front yard and a spacious rear courtyard that sets the stage for morning coffee, weekend entertaining, or laid-back Santa Monica evenings with friends. Meanwhile, the two rear residences generate $5,000/$60,000 annual rental income, excluding the vacant front home, creating an exciting opportunity for an owner-occupant, multigenerational living setup, or investor looking to maximize the property's potential. Two of the three residences also feature in-unit laundry for an added layer of convenience. Live in one. Rent the others. Hold for the future. However you choose to use it, this is a rare chance to own a piece of Santa Monica with character, income, and flexibility built in. Welcome to your Santa Monica story. *OFFER DEADLINE OCTOBER 7 AT 6 PM*

Property details

Location

1434 24th Street • Santa Monica, CA 90404

More homes for sale and rent in Santa Monica, CA →

Listed by

Stace Valnes · Create