Santa Monica, CA 90405,443 Bay Street
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Santa Monica, CA 90405,443 Bay Street
Santa Monica, CA 90405,443 Bay Street
Santa Monica, CA 90405,443 Bay Street
Santa Monica, CA 90405,443 Bay Street
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$ 2,700,000
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443 Bay Street Santa Monica, CA 90405

5,532 SqFt


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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,532 sqft

Price per Sqft $488

MLS Listing ID CL25514273

HOA Y/N No

Year Built 1971

Lot Size 5,752 Sqft

Acres 0.13

Property Sub-Type Other

Property Description

SIGNIFICANT PRICE IMPROVEMENT. PRICED TO SELL IN PRIME SANTA MONICA. 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 or owner user (there is a very large, luxuriously updated 3 bedroom unit), the property has incredible rental upside, a secured 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) and central HVAC (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 S

Location

State CA

County Los Angeles

Zoning SMOP

Interior

Heating Wall Furnace, Other

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 4289011027


Bridge MLS
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
agent
E3 Realty

Broker | DRE# 01726225

+1(925) 603-3615 | contact@e3realty.com

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443 Bay Street