Description
Incredible opportunity in the heart of Santa Monica! Situated in a premier location in Sunset Park, this triplex opportunity is nestled a stone's throw from Santa Monica College, and a mere minutes to some of the westside's best restaurants, coffee shops, parks, and golf course. This traditional fourplex sits on a 6,100 + sqft lot, offering a 2 Bdrm/1 Bath unit, and a 1 Bdrm/1 Bath unit -- both of that are tenant-occupied. There is another unit that is currently not habitable, and another unit on the property w/ 4 garages are attached. Exuding charm, as you step into the property you will be surrounded by lush greenery. Both units are currently leased out at under-market rents, and it is unknown if there are any formal lease agreements in place; sellers make no guarantees. Calling all investors, developers, or owners/users - this property offers upside potential and tons of opportunity! All tenant-occupied units will not be delivered vacant, Buyers will be taking on all tenants, the property will be sold "as-is" and sellers will not be making any repairs or giving any credits. Offers will need to be presented, through a specific Mandatory Bid Process. **There will be 1 opportunity to walk through property for prospective bidders, on May 20, 2022 @ 10:00am (must be at property no later than 10:00m to participate)** **Please see private remarks for details on the bidding process, instructions, and required documents**
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4BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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2,376SQFT
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$547$/SQFT
School Ratings & Info
Description
Incredible opportunity in the heart of Santa Monica! Situated in a premier location in Sunset Park, this triplex opportunity is nestled a stone's throw from Santa Monica College, and a mere minutes to some of the westside's best restaurants, coffee shops, parks, and golf course. This traditional fourplex sits on a 6,100 + sqft lot, offering a 2 Bdrm/1 Bath unit, and a 1 Bdrm/1 Bath unit -- both of that are tenant-occupied. There is another unit that is currently not habitable, and another unit on the property w/ 4 garages are attached. Exuding charm, as you step into the property you will be surrounded by lush greenery. Both units are currently leased out at under-market rents, and it is unknown if there are any formal lease agreements in place; sellers make no guarantees. Calling all investors, developers, or owners/users - this property offers upside potential and tons of opportunity! All tenant-occupied units will not be delivered vacant, Buyers will be taking on all tenants, the property will be sold "as-is" and sellers will not be making any repairs or giving any credits. Offers will need to be presented, through a specific Mandatory Bid Process. **There will be 1 opportunity to walk through property for prospective bidders, on May 20, 2022 @ 10:00am (must be at property no later than 10:00m to participate)** **Please see private remarks for details on the bidding process, instructions, and required documents**
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T23:42:55.19. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.