Active

101 Strand Street

Santa Monica CA, 90405

$5,685,000


$992.49 per sqft

Active

9 Beds

9 Baths

5,728 sqft

Residential

Built in 1955

Listed by Francyne Lambert with Lambert Investments, Inc. 310-453-9656

101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1300 Per Sq Ft plus homeowners dues averaging $1475. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.

24406481

MLS ID

June 20, 2024

Listed

August 30, 2024

Updated

Map

101 Strand Street
Santa Monica CA, 90405

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

9


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

47


Garage

Yes


Garage Spaces

2


Parking

None


Parking Total

7


View

No


County

Los Angeles


Pool

No


Zoning

SMOP3*

Listing Contact: 310-453-9656 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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 8/30/2024 at 7:09 PM UTC

 

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