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