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    1417 17TH St

    Santa Monica, CA 90404
    • $3,695,000
    • STATUS: Active
    • ON SITE: 288 days
    • ID#: 19-515326
    UPDATED: 28 min ago
    $3,695,000
    • 10
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,722
      SQFT
    • $783
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity for an investor or owner/user to acquire a newly constructed modern-luxury 5 bed/4 bath home and 5 additional (1+1) multifamily units situated on a 7,493 SF lot in prime Santa Monica. The home features beautiful finishes throughout, including an expansive chef's kitchen equipped with Viking appliances, a large center island, Carrera countertops, and custom cabinetry. Additional features include hardwood flooring, a stackable washer and dryer, and central A/C and heat with separate controls for the first and second floor. The bathrooms feature custom cabinetry, Carrera marble, modern fixtures, and mosaic tile finishes. The property is equipped with a camera system, intercom and app-controlled garage door access. Also, the oversized lot features 5 (1+1) rental units with significant rental upside. 1 of the 5 units has been renovated with high-end finishes and the building features new exterior paint, a new roof and new landscaping.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-12T21:42:34.687. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/99414649
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    1417 17TH St Santa Monica, CA 90404

    • Price: $3,695,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 19-515326
    10
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,722
    SQFT
    $783
    $/SQFT
    2018
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Rare opportunity for an investor or owner/user to acquire a newly constructed modern-luxury 5 bed/4 bath home and 5 additional (1+1) multifamily units situated on a 7,493 SF lot in prime Santa Monica. The home features beautiful finishes throughout, including an expansive chef's kitchen equipped with Viking appliances, a large center island, Carrera countertops, and custom cabinetry. Additional features include hardwood flooring, a stackable washer and dryer, and central A/C and heat with separate controls for the first and second floor. The bathrooms feature custom cabinetry, Carrera marble, modern fixtures, and mosaic tile finishes. The property is equipped with a camera system, intercom and app-controlled garage door access. Also, the oversized lot features 5 (1+1) rental units with significant rental upside. 1 of the 5 units has been renovated with high-end finishes and the building features new exterior paint, a new roof and new landscaping.
    Exterior Features

    Lot Size Area 7493 Other Structures None Parking Garage Garage Pool YN No Tennis YN No Total Parking 9

    Interior Features

    Baths Total 9.00 Cooling Air ConditioningCentral Den No Dining Room No Equipment DishwasherDryerFreezerGarbage DisposalMicrowaveRange/OvenRefrigeratorVented Exhaust Fan Family Room No Heating Central

    Property Features

    Gross Income 222229 Gross Operating Income 215562 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 152948.00 Number Of Buildings 3 Number Of Units 6 Sale Type Standard Source Living Area Owner Source Lot Size Area Assessor Total Annual Expense 62615 Type Of Units House + 5 Mf Zoning Smr2*

    Listing provided courtesy of Janet Neman DRE#01069127 of Kidder Mathews Of California, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-12T21:42:34.687. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Valencia CA, 91355