The Agency The Agency

2218 24Th Street

Santa Monica, CA 90405
sold
Last Listed Price $2,275,000
Property Type Multi-Family
Beds 5
Full Baths 5
½ Baths 1

Property Description

Extremely rare and unique - this is a legal, nonconforming development containing 5 units on a street surrounded by single-family homes. The zoning has since been changed to SMR1 and only an SFR could be built if the existing structures were to be torn down. The property contains a 2 bed,1.5 bath home in front with a 4 unit structure in the back. The detached front house, one 1-bedroom unit, and studio are all currently vacant. One 1-bedroom (Unit B) is currently rented out at $1,900/month. Downstairs 1-bedroom (Unit C) is currently rented at $1,246/month and increases to $1,267/month effective 9/1/21. Two upper units get one parking space each in a covered garage accessed through the alleyway. Large driveway and additional garage in front. Tenants pay for their own electricity and gas.

Agent Information

Partner, Founder (424) 230-3714
The Agency

Property Specifics

Property Type: Multi-Family
Estimated Sq. Foot:
3,679
Lot Size:
7,514 sq. ft.
Price per Sq. Foot:
$618
Building Units: N/A
Building Stories: N/A
Pet Policy: N/A
MLS ID: a0U3q00000wXn2pEAC

Building Amenities

N/A

Unit Amenities

N/A

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 1947
  • Architectural Style: Mid-Century

Interior and Exterior Features

Interior Features
  • Living Area: 3,679 sq. ft.
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
Structure
  • Building Features: Income, Zoning, Santa Monica, Multi-family, Location

Property Information

Lot Information
  • Lot Size: 7,514 sq. ft.
Utilities
  • Cooling: Yes
  • Heating: Yes

Estimated Monthly Payments

Monthly Total $10,912
Monthly Taxes N/A
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $10,912 Monthly Charges $0 Total Monthly Payment $10,912
Calculation based on:
Price: $2,275,000
Charges: $0 * Additional charges may apply

Similar Listings

Building Information

Building Name: N/A
Property Type: Multi-Family
Building Type: N/A
Pet Policy: Pets Allowed
Units: N/A
Stories: N/A
Built In: 1947
Sale Listings: 0
Rental Listings: 0
Land Lease: N/A
All information is deemed reliable but not guaranteed. Copyright 2024 The Agency. All rights reserved.
Last checked: Apr 16, 2024, 4:53 AM UTC
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