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Santa Monica Rent Control Exempt Triplex

1847 18th, Santa Monica, California 90404

$2,001,999
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex
Santa Monica Rent Control Exempt Triplex

Property Details

Beds7 Baths4 Garage0 Lot Size6,422 sq. ft
MLS #16-170442 Bldg Size2,451 sq. ft

Property Description

Great opportunity to live in a Triplex with NO RENT CONTROL or keep as-is tenant occupied and bring in good income with upside in rent. Large middle unit B recently remodeled per owners specs offering numerous upgrades such as french doors leading to a private backyard with fruit trees, custom kitchen, inside WD units and additional mother in law quarters perfect for a visitor/ office or bonus space. (Unit B 2+1 with Bonus Studio across yard) Well taken care of building: New paint through out, New dual paned energy efficient windows, New roof and rain gutters, upgraded electrical, newer plumbing, all units oak floors. Unit A recently renovated with New windows, kitchen upgrades and WD units. Development opportunity to build an additional unit on the property given zoning and size of lot. Multiple locations to enjoy outside. Walking distance to the Metro line @ Colorado / 17th, close to SMC. SM triplex rent control exemption with owner living on property."Unit 4" is garage income.

Property Highlights
3 Units
One vacant unit
Yard
Santa Monica Schools
High Rents
Rent Control Exempt*
Designer remodeled rear unit
Bonus storage
Well Kept
Location

Property Type Commercial, Income

Property Status:

Property Features

Location

1847 18th, Santa Monica, California 90404

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