Santa Monica, CA 90405,2820 3rd ST
Santa Monica, CA 90405,2820 3rd ST
Santa Monica, CA 90405,2820 3rd ST
Santa Monica, CA 90405,2820 3rd ST
Santa Monica, CA 90405,2820 3rd ST
Santa Monica, CA 90405,2820 3rd ST
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$ 2,900,000
Est. payment | /mo

12 Beds

12 Baths

4,636 SqFt


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$ 2,900,000
Est. payment | /mo
Save

12 Beds

12 Baths

4,636 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,636 sqft

Price per Sqft $625

MLS Listing ID 25505533

Bedrooms 12

HOA Y/N No

Year Built 1962

Lot Size 5,370 Sqft

Property Description

PRICE REDUCED $300K. See Docs Section for OM. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the opportunity to acquire 2820 3rd St., a six (6) unit apartment property built in 1962. The property is located one parcel north of the corner of Ashland Ave. and 3rd Street, one block east of retail, dining and entertainment on Main Street and three blocks from the Ocean, in a prime part of Santa Monica. Property Description: 2820 3rd St., is a six (6) unit apartment property consisting of one two-story building, constructed of wood frame and stucco in 1962. The unit mix boasts all large 2bed+2bath units. The property totals 4,636 building square feet that sits on a 5,369 square foot lot. PROPERTY DETAILS: The property features all spacious two-bedroom, two-bathroom units of which most have some level of recent renovation. Both bathrooms are inside the bedrooms, a unique dual master bedroom feature making the units ideal for families or roommates. Each unit also features open kitchens and large living areas. Select units boast floor-to-ceiling windows and hardwood flooring throughout, providing an upscale aesthetic. The bottom unit facing 3rd St. enjoys the added benefit of a large, private, fenced-off outdoor patio, an attractive and rare feature for tenants seeking outdoor space. All units are separately metered for electricity and gas and the landlord pays for tenant water/sewer and trash. Parking is provided on site with seven (7) spaces, with some covered by a tuck-under carport. Tenants also have access to six (6) storage lockers in the parking area and laundry is provided on-site in a separate laundry room. Investors may also want to explore the possibility of ADU conversion for the tuck under parking area. Based on retrofit work that was completed by a prior owner back in 1997, the City of Santa Monica has approved the property as in compliance for the soft-story retrofit requirement.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Fireplace No

Exterior

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4287023014

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Josh Kaplan • Equity Union

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

rwgbjg

Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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