CA > Santa Monica
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 681-1222
$2,875,000
Est. payment /mo
13 Beds
8 Baths
5,532 SqFt
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UPDATED:

09/30/2024 06:21 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,532 sqft

Price per Sqft $519

MLS Listing ID 24434514

Bedrooms 13

HOA Y/N No

Year Built 1971

Lot Size 5,749 Sqft

Acres 0.132

Property Description

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Heating Central, Wall Furnace

Cooling Central Air

Fireplace No

Appliance Dishwasher

Exterior

Garage Assigned

Parking Type Assigned

Total Parking Spaces 7

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4289011027

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
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