2639 Highland Avenue Santa Monica, CA $ 1,600,000
2639 Highland Avenue
$ 1,600,000
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2639 Highland Avenue

Santa Monica, CA, 90405
$ 1,600,000
Bedrooms1 Baths1.0 Sq 1,647

Monthly Estimate*

$ 10,634

Listed by Lyon Stahl Investment Real Estate, Inc.
2639 Highland Avenue, Santa Monica, CA 90405 - Image 1
2639 Highland Avenue, Santa Monica, CA 90405 - Image 2
2639 Highland Avenue, Santa Monica, CA 90405 - Image 3
2639 Highland Avenue, Santa Monica, CA 90405 - Image 4
2639 Highland Avenue, Santa Monica, CA 90405 - Image 5
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2639 Highland Avenue, Santa Monica, CA 90405 - Image 7
2639 Highland Avenue, Santa Monica, CA 90405 - Image 8
2639 Highland Avenue, Santa Monica, CA 90405 - Image 9
2639 Highland Avenue, Santa Monica, CA 90405 - Image 10
2639 Highland Avenue, Santa Monica, CA 90405 - Image 11
2639 Highland Avenue, Santa Monica, CA 90405 - Image 12
2639 Highland Avenue, Santa Monica, CA 90405 - Image 13
2639 Highland Avenue, Santa Monica, CA 90405 - Image 14
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2639 Highland Avenue, Santa Monica, CA 90405 - Image 18
2639 Highland Avenue, Santa Monica, CA 90405 - Image 19

Multi-Family Home for sale in Santa Monica, CA

for $1,600,000 with 1 bedroom and 1 full bath. This 1,647 square foot home was built in 1913 on a lot size of 0.0984.

First time on the market in 46 years, 2639-2643 Highland Avenue is a charming and unique corner lot property comprised of three detached, bungalow-style residences! With (1) 1Bed+1Bath front house, (1) 2Bed+1Bath middle house, and (1) VACANT 2Bed+1Bath back house, this is the perfect opportunity for an owner-user or investor looking for a prime Ocean Park asset. Additionally, there is a bonus room + bathroom that could double as a bedroom, art studio, gym, or office with the potential to be connected to the upstairs owner's unit or legalized as a rental unit using the ADU law. Sitting on a 4,288 square foot corner lot with lush greenery and an ocean breeze, each house features a separate entrance and a private deck, yard, or patio. There are also (2) single-car garages, one of which to be delivered VACANT. Located in the Ocean Park neighborhood just blocks from the beach, Ocean View Park, and Main St, and only a short walk to Rose Ave and Abbot Kinney in Venice, this property is centrally located near some of the most highly rated shops, dining, and entertainment venues. ATTENTION: Owner-occupied triplexes can qualify for a temporary use exemption from Santa Monica's rent control law. Properties like this rarely become available! See supplements for OM.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.0984

Year Built

1913

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

SB24091715

Days on Market

19

Features
General
Sewer PublicSewer
Heating FloorFurnace WallFurnace
Cooling None
Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable
Zoning SMOPD*
HOA 0.0
Garage Spaces 2.0
Pool Features None
Year Built 1913
Tenant Pays Electricity Gas
View Mountains Neighborhood
Levels MultiSplit
Property SubType Triplex
Gross Income 110592.0
Community Features Biking Sidewalks
County Los Angeles
Net Operating Income 77234.0
Operating Expense 30041.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions On Highland Ave between Ocean Park Blvd and Hill St
City Santa Monica
Entry Location 1
View Y/N Y
Senior Community Y/N N
Total Units 3
MLS Area C14 - Santa Monica
Lot Size Square Feet 4288.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Highland
Listing Terms Cash CashtoNewLoan Item1031Exchange
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 16
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 13
Property Sub Type Additional Triplex
Cap Rate 4.83
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Interior
Flooring Wood
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Garage GarageFacesRear
Lot Features Item01UnitAcre
Water Source Public
Total Parking 2.0
Lot Size Area 4288.0
Number of Buildings 3
Spa N
Building Area Total 1647.0
Lot Size Acres 0.0984
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type Alley CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2639
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 908-5092

Phone

Affordability Calculator

$10,634
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Monthly Principal & Interest
$10,634
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$1,600,000 Listed Price

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2639 Highland Avenue, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $1,600,000 with 1,647 sqft and a lot size of 0.0984. 2639 Highland Avenue has 1 bedrooms, 1.0 baths, and was built in 1913. The property's zip code is 90405 which is in Santa Monica, CA