MLS® ID: 18335260

1516 MAPLE Street

Santa Monica, California, 90405

$2,149,000 Active
  • - SQFT
Pride-of-ownership Sunset Park triplex w/3 separate cottages located on quiet tree lined st. Blks from cafes & shops, within about a mile from beach. These unique detached cottages are filled w/natural light & share gated prvt courtyard in a peaceful setting. Upgrades: hrdwd flrs, remodeled kit & baths, generous use of skylights, vaulted ceilings, crown mouldings, vintage details & patio areas for each cottage. Two rented cottages (2b/2ba rented @ $3,607/mth and 2b/1ba+bonus room rented @ $3,580/mth) have upside potential. One unit is vacant (2b/2ba + bonus rm/3rd bd w/$4,000/mth projected rent) so a new owner can start at market or move in! Every detail has been carefully executed. Light & bright shared laundry rm. Courtyard features mature trees & professionally designed drought tolerant landscaping. CAP rate based on current rents + projected rent for vacant unit is: 4.7%! With superior rents & high-quality tenant choices available, this is an outstanding investment opportunity.
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Listing courtesy of Tregg Rustad~Rodeo Realty - Beverly Hills

Amenities

  • Zip
    90405
  • Office name
    Tregg Rustad~Rodeo Realty - Beverly Hills
  • Property type
    Multi-Family
  • Office ID
    CLW-X7173802
  • Agent ID
    CLW-X62879
  • Agent name
    Tregg Rustad
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Area
    C14 - Santa Monica

Location

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