Santa Monica Homes with Quadruplex Subtype

Santa Monica Homes with Quadruplex Subtype

Welcome to Santa Monica, a stunning coastal gem nestled in Los Angeles County, California. Known for its picturesque beaches, vibrant atmosphere, and rich cultural scene, Santa Monica is a place where sun-soaked days and ocean breezes create an idyllic lifestyle. With its iconic pier, bustling Third Street Promenade, and an array of trendy shops and restaurants, this city offers a perfect blend of relaxation and excitement.

For those seeking a unique investment opportunity, homes with a quadruplex subtype in Santa Monica present a fantastic option. These properties, designed to accommodate four separate living units, are ideal for both seasoned investors and first-time buyers looking to maximize their rental income. Imagine owning a piece of this desirable coastal community, where you can tap into the thriving rental market fueled by tourists, students, and professionals alike.

Living in a quadruplex in Santa Monica means not only enjoying the benefits of multiple rental incomes but also embracing the vibrant lifestyle the city offers. Residents can take leisurely strolls along the sandy beaches, partake in outdoor activities at Palisades Park, or indulge in the culinary delights of local eateries. With excellent schools, a strong sense of community, and convenient access to public transportation, Santa Monica is an attractive destination for families and individuals alike.

Investing in a quadruplex here is not just about the property; it’s about becoming part of a dynamic coastal lifestyle that celebrates the best of Southern California living. Experience the charm of Santa Monica and explore the possibilities that a quadruplex home can offer!

Newest Santa Monica Homes with Quadruplex Subtype

$1,915,000
PV26043221 MLS Active Status
Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?

2117 Stewart Street, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.