• Description
  • Details
2618 2nd Street, Santa Monica, California 90405, is a 3-unit property comprised of a bungalow and a detached duplex located in Ocean Park submarket just 2 blocks from the ocean and within feet of Main Street/Downtown Santa Monica.
  • Property Type : Multi-Family
  • Property Size : 2,366
  • Stories : 1
  • Typical Floor Size : 2,366
John Swartz

Managing Director

Los Angeles, California

(213) 430-2526

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Josh Kaplan

Senior Vice President

Los Angeles, California

(213) 430-2538

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Troy Lucero

Senior Associate

Los Angeles, California

(213) 457-1656

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Photos

  • Exterior (2)
  • Interior (3)

Available Space (1)

Suite
Attachments
Sqft
Rate
Type
Max Contiguous
Lease Type
Cam Charges
2618 2nd St 2,366 $2,725,000.00 Sale 2,366
2618 2nd Street is a turnkey three-unit complex comprised of two buildings: A 910-square foot freestanding bungalow constructed in 1907 and a 1,456-square foot two-unit building constructed in 1928. All the units are large 2bed+2bath units. Both buildings are walk-up buildings situated on a 2,502-square-foot lot. Each unit has its own private entrance.
All of the units have been meticulously upgraded with upscale finishes and appliances. Each unit is equipped with a tankless hot water heater, dishwasher, and stackable washers and dryers. An investor will enjoy significant cashflow from day one. The location and unit types will allow an investor to increase rents as units become vacant.
Parking is provided on street with permits. Each of the units are separately metered for gas and electricity. The plumbing has been updated to all-copper plumbing.

Property Downloads (1)

Name Type
2618 2nd Street Offering Memorandum Flyer DOWNLOAD