1434 24th Street

Santa Monica, CA 90404

About this property

**PROPERTY CAN BE DELIVERED VACANT BY THE CLOSE OF ESCROW** Santa Monica original with serious style, flexibility, income and upside. Tucked into the heart of Santa Monica's vibrant Broadway Arts District, this charming Spanish-style triplex is the kind of property that doesn't come along every day. The property features three completely separate homes, offering privacy, versatility, and multiple ways to make the property work for you. One of the one bedroom cottages enjoys a den. Full of character and opportunity, it puts you right in the middle of the action-just moments from creative studios, art centers, the Santa Monica Co-Op, Metro Rail, and an eclectic mix of local shops, dining, and events. The beautifully remodeled front home is vacant and the two rear cottages are month to month with a lush private front yard and a spacious rear courtyard that sets the stage for morning coffee, weekend entertaining, or laid-back Santa Monica evenings with friends. Meanwhile, the two rear residences generate $5,000/$60,000 annual rental income, excluding the vacant front home, creating an exciting opportunity for an owner-occupant, multigenerational living setup, or investor looking to maximize the property's potential. Two of the three residences also feature in-unit laundry for an added layer of convenience. Live in one. Rent the others. Hold for the future. However you choose to use it, this is a rare chance to own a piece of Santa Monica with character, income, and flexibility built in. Welcome to your Santa Monica story. *OFFER DEADLINE WEDNESDAY OCTOBER 21st @ 5PM*

About this property

**PROPERTY CAN BE DELIVERED VACANT BY THE CLOSE OF ESCROW** Santa Monica original with serious style, flexibility, income and upside. Tucked into the heart of Santa Monica's vibrant Broadway Arts District, this charming Spanish-style triplex is the kind of property that doesn't come along every day. The property features three completely separate homes, offering privacy, versatility, and multiple ways to make the property work for you. One of the one bedroom cottages enjoys a den. Full of character and opportunity, it puts you right in the middle of the action-just moments from creative studios, art centers, the Santa Monica Co-Op, Metro Rail, and an eclectic mix of local shops, dining, and events. The beautifully remodeled front home is vacant and the two rear cottages are month to month with a lush private front yard and a spacious rear courtyard that sets the stage for morning coffee, weekend entertaining, or laid-back Santa Monica evenings with friends. Meanwhile, the two rear residences generate $5,000/$60,000 annual rental income, excluding the vacant front home, creating an exciting opportunity for an owner-occupant, multigenerational living setup, or investor looking to maximize the property's potential. Two of the three residences also feature in-unit laundry for an added layer of convenience. Live in one. Rent the others. Hold for the future. However you choose to use it, this is a rare chance to own a piece of Santa Monica with character, income, and flexibility built in. Welcome to your Santa Monica story. *OFFER DEADLINE WEDNESDAY OCTOBER 21st @ 5PM*

Features and Additional Information

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$2,095,000 Active
2,081 sqft

Presented By Coldwell Banker Home Source

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Area Information

C14 Santa Monica | Los Angeles County |

$ 2,095,000
This listing is play_arrow 123.1% higher than the average in the area
$ 939,000 in the area
2,081 SqFt
This listing is play_arrow 89.3% larger than the average in the area
1,100 SqFt in the area
$ 1,007 $/SqFt
This listing is play_arrow 15.6% more than the average in the area
$ 871 $/SqFt in the area
7 days on site
This listing is play_arrow 88.9% below the average in the area
63 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Stace Valnes
Brokerage: Create

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