2648 23rd Street

About This Property

See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.

Neighborhood

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Listing courtesy of Lambert Investments, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$3,200,000

Est. Monthly Payment

$20,448/mo

20% down · 6.5% rate · 30yr

Run the Numbers

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Listing Agent

Francyne Lambert

Lambert Investments, Inc.