Ignite FB Tracking Pixel2616 2618 3rd Street, Santa Monica, CA 90405 - Nicole Grey
Pinnacle Estate Properties, Inc.
Nicole Grey, Pinnacle Estate Properties, Inc.Phone: (818) 469-5007
Email: [email protected]
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listing
1 of 75
Residential IncomeFor Sale
$3,200,000
2616 2618 3rd Street
Santa Monica, CA 90405
Listed by Edo Brizio DRE#02146912 [email protected] Pellego, Inc.
MLS: California Regional MLS (CRMLS)
6Beds
5Baths
3,750Sq Ft
Est. Mortgage
$16,618/mo

Marvelous Historic Victorian Triplex in Prime Santa Monica Location. 2616 - 2618 3rd Street is located in the highly sought-after Ocean Park neighborhood of Santa Monica. This elegant property offers a rare opportunity to own a piece of history in one of the best locations in the city, just steps away from the beach, vibrant Santa Monica Main Street, and the iconic Santa Monica Pier. Boasting a total of 6 bedrooms, 5 bathrooms, and 3,786 square feet of livable space spread across 3 stories, this exquisite triplex exudes charm and sophistication. Currently, 2 units are rented at market rates, providing a lucrative investment opportunity. The sun filled upper unit, a 1,000 square feet 2-bedroom, 2-bathroom with ocean views is currently leased at $5,500 per month, this apartment offers a rare opportunity to enjoy the beauty of the Pacific Ocean from the comfort of home. The lower 1 bedroom unit, completely remodeled in 2004, is spanning 1,250 square feet, featuring a luxurious resort-style bathroom and gas fireplace, this unit opens up to an expansive backyard adorned with mature trees and a charming cobblestone patio, offering a peaceful retreat for residents. Currently listed for lease at $6,000 per month, this unit is a true gem and if you buy the property before it's leased this unit could be delivered vacant at closing of escrow for the new owners to move in and apply for rent control exemption. The Larger 1,500 sq ft middle floor unit, rented at $6,000 per month comprises 3 bedrooms and 2 bathrooms, offering ample space and comfort to the current family. Situated on a spacious 6,496 square foot lot, the property provides ample room for potential future development, including the addition of multiple two-story ADUs, 1 per unit. Whether you're looking for a smart investment opportunity or a charming place to call home, 2616 - 2618 3rd Street offers the best of Santa Monica living in a historic and elegant setting. Don't miss your chance to own this exceptional triplex in one of the most desirable neighborhoods on the Westside. IMPORTANT: if owner occupied this property qualifies for rent control exemption. Bottom unit is available starting September 15 for new owners to move in. No open claims on this property, general, thermite and sewer inspection are available for review.

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Information courtesy of Pellego, Inc. is subject to verification and is not guaranteed.
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