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$7,510,000
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Property Description
BEST opportunity in BEST part of Santa Monica. HUGE $1,600,000 REDUCTION FROM ORIGINAL LIST PRICE!!! Bring all offers. We are pleased to offer for sale rare multifamily assets at 937 & 943 2nd Street in the coveted beachside community of Santa Monica. These side by side properties each have their own APN and share a beautiful stone paved courtyard. The properties boasts a great unit mix of 1 & 2 bedrooms, all with significant rental upside. Just a block to Montana Avenue and a block to the beach, these properties truly reflect the Santa Monica beachside vibe. 937 & 943 2nd Street puts residents in the center of everything Santa Monica has to offer. Additionally, the property has on-site parking, an on-site laundry room (machines owned by Seller) and lushly landscaped grounds.
Full Property Details
Full Property Details for 943 2nd St
General
- Sold For: $7,510,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-358269
- Added to Site: 327 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 20
Bedrooms
- Total Bedrooms: 24
Additional Information
- Other Features: None
Parking
- Garage Description: Assigned
Location
- Area: Santa Monica
- County: Los Angeles
- Driving Directions: Just South of Idaho Avenue, and 1 block East of Ocean Avenue
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 14,544
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Year Built Source: Assessor
Unit Information
- Units in Complex: 20
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size: 15017
- Lot Size Source: Assessor
- Zoning: SMR3*
Financial Considerations
- Price Per Sq. Ft.: $522.21
- Assessment Year: 1955
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4292-023-012
Listed by Remax Commercial and Investment Realty, Jonathan Taksa
Sold by Exclusive Realty Inc, Shari Varnoos
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Schools
Schools serving 943 2nd St
School District:Santa Monica-Malibu Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
801 Montana Ave, Santa Monica, CA 90403 | K-5 | 0.5 mi | |
1501 California Ave, Santa Monica, CA 90403 | 6-8 | 1 mi | |
601 Pico Blvd, Santa Monica, CA 90405 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 943 2nd St
Date
Details
Price
Change
Source
10/08/2024
Sold
$7,510,000
-1.12%
MLS
7/30/2024
Price Reduced
$7,595,000
-2.57%
MLS
7/08/2024
Price Reduced
$7,795,000
-2.5%
MLS
6/03/2024
Price Reduced
$7,995,000
-2.5%
MLS
5/07/2024
Price Reduced
$8,200,000
-2.96%
MLS
4/12/2024
Price Reduced
$8,450,000
-2.82%
MLS
3/19/2024
Price Reduced
$8,695,000
-2.85%
MLS
2/29/2024
Price Reduced
$8,950,000
-2.66%
MLS
2/14/2024
Listed
$9,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
943 2nd St, Santa Monica, CA 90403 (MLS# 24-358269) is a Multi-Family property that was sold at $7,510,000 on October 08, 2024. Want to learn more about 943 2nd St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.