1165 N Stanford St, Santa Monica, CA 90403

$3,300,000
6
BD
5
BA
2,524
SqFt
List Price
$3,300,000
MLS#
20-616904
Year Built
1939
Bedrooms
6
Bathrooms
5
Living Sq. Ft
2,524
Lot Size
8,513
Lot Location
City
Days on Market
44
Property Type
Multifamily
Style
California Bungalow
Stories
1

Property Description

Attention all developers and local investors. Some units can be delivered vacant at COE. This ideal development property is zoned SMR2 and sits on approx 8,513 sq ft located in the heart of Santa Monica. Currently there is a 2 bedroom ,1 bath house in the front with a detached 2 car garage behind it,in the middle of the property is a small building which has 2 singles each with their own entrance in the rear are two 1 bedroom apartments which are above 4 single garages, all of which could be continued to be rented. Seller is open to a short or long escrow perfect for a 1031 exchange. Seller believes it maybe possible to build up to 5- 6 condos side by side approximately 1,800 to 2,100 sq ft each or ten units multifamily rental .Buyer to Verify with city since guidelines are a moving target. Please Do not walk on Property. Do not disturb tenants. Drive by only

Additional Information

Lot Description
Landscaped
Other Buildings
Accessory Dwelling Unit
Kitchen Features
Granite Counters, Remodeled
Heat
Baseboard, Wall Gas, Central
Cooling
Air Conditioning
View
Mountains
Exterior Construction
Stucco, Vertical Siding
Number of Cars in Garage
Assigned, Auto Driveway Gate, Attached, Detached, Driveway - Concrete, Garage - 4+ Car, Garage Is Detached
Garage Spaces Total
6
Water
District
School District
Santa Monica-Malibu Unified School District

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Courtesy of , Marc Krief - CA DRE#

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