Active

2616 2618 3rd Street

Santa Monica CA, 90405

$3,200,000


$853.33 per sqft

Active

6 Beds

5 Baths

3,750 sqft

Residential

Built in 1917

Listed by Edo Brizio with Pellego, Inc. 310-309-7770

Marvelous Historic Victorian Triplex in Prime Santa Monica Location. 2616 - 2618 3rd Street is located in the highly sought-after Ocean Park neighborhood of Santa Monica. This elegant property offers a rare opportunity to own a piece of history in one of the best locations in the city, just steps away from the beach, vibrant Santa Monica Main Street, and the iconic Santa Monica Pier. Boasting a total of 6 bedrooms, 5 bathrooms, and 3,786 square feet of livable space spread across 3 stories, this exquisite triplex exudes charm and sophistication. Currently, 2 units are rented at market rates, providing a lucrative investment opportunity. The sun filled upper unit, a 1,000 square feet 2-bedroom, 2-bathroom with ocean views is currently leased at $5,500 per month, this apartment offers a rare opportunity to enjoy the beauty of the Pacific Ocean from the comfort of home. The lower 1 bedroom unit, completely remodeled in 2004, is spanning 1,250 square feet, featuring a luxurious resort-style bathroom and gas fireplace, this unit opens up to an expansive backyard adorned with mature trees and a charming cobblestone patio, offering a peaceful retreat for residents. Currently listed for lease at $6,000 per month, this unit is a true gem and if you buy the property before it's leased this unit could be delivered vacant at closing of escrow for the new owners to move in and apply for rent control exemption. The Larger 1,500 sq ft middle floor unit, rented at $6,000 per month comprises 3 bedrooms and 2 bathrooms, offering ample space and comfort to the current family. Situated on a spacious 6,496 square foot lot, the property provides ample room for potential future development, including the addition of multiple two-story ADUs, 1 per unit. Whether you're looking for a smart investment opportunity or a charming place to call home, 2616 - 2618 3rd Street offers the best of Santa Monica living in a historic and elegant setting. Don't miss your chance to own this exceptional triplex in one of the most desirable neighborhoods on the Westside. IMPORTANT: if owner occupied this property qualifies for rent control exemption. Bottom unit is available starting September 15 for new owners to move in. No open claims on this property, general, thermite and sewer inspection are available for review.

24397828

MLS ID

May 29, 2024

Listed

September 13, 2024

Updated

Map

2616 2618 3rd Street
Santa Monica CA, 90405

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

5


Interior Features

Crown Molding, Attic, Jack and Jill Bath, Multiple Primary Suites, Walk-In Closet(s)


Appliances

Gas Cooktop, Disposal, Microwave, Oven, Refrigerator, Range Hood, Dryer


Laundry Description

Stacked, Upper Level


Floor Description

Tile, Wood


Fireplace

Yes


Fireplace Description

Bonus Room, Den, Dining Room, Electric, Family Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Combination, Fireplace(s), Natural Gas, Wall Furnace

Exterior/Building Features

Lot Size

0.15 Acres


Exterior Features

Fire Pit


Lot Features

Back Yard, Front Yard, Lawn, Landscaped, Secluded


Architectual Style

Victorian


Sewer

Other, Sewer Tap Paid

School Information

School District

Santa Monica-Malibu Unified

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

60


Garage

Yes


Garage Spaces

2


Parking

Assigned, Covered, Door-Multi, Driveway, Garage


Parking Total

5


View

Yes


View Description

Coastline, Courtyard, Hills, Ocean


County

Los Angeles


Pool

No


Pool Features

None


Zoning

SMOP2*

Listing History

Date

Event

Price

9/11/2024

Price change

$3,200,000

10%

9/11/2024

Price change

$2,899,000

7%

Listing Contact: 949-625-4533 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/13/2024 at 3:12 PM UTC

 

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