We are pleased to offer for sale an incredible multifamily asset

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Home For Sale

443 Bay St

Santa Monica, California 90405

Los Angeles County

Community: 

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$2,875,000 13 br, 0.0 bath 5532 sq. ft. 0.132 acres

We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, an intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main Street, this property is situated close to all SantaMonica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 443 Bay Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

Interior:
  • Bedrooms: 13
  • Baths: 0.0
  • Sq Ft: 5532
  • Year Built: 1971
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Central Furnace
  • Garage: Assigned
Exterior:
  • Lot Size: 0.132 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 24-434514
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Contact Information:
Beach Home For Sale in Santa Monica, California
Listing Agent: Jonathan Taksa, RE/MAX Commercial & Investment, 213-817-1000, 213-817-1000 Listing Site, Listing Status: Active
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5339052
Viewed 18 times.
Updated: Sep 05, 2024

This property is a Home located at 443 Bay St, Santa Monica, California 90405, and is currently For Sale at $2,875,000. This Home has 13 bedrooms, 0.0 baths, 5532 sq ft.

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