943 2nd Street Santa Monica, CA $ 8,450,000
943 2nd Street
$ 8,450,000
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943 2nd Street

Santa Monica, CA, 90403
$ 8,450,000
Bedrooms24 Baths20.0 Sq 14,544

Monthly Estimate*

$ 59,026

Listed by Remax Commercial and Investment Realty
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943 2nd Street, Santa Monica, CA 90403 - Image 12
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Multi-Family Home for sale in Santa Monica, CA

for $8,450,000 with 24 bedrooms and 20 full baths. This 14,544 square foot home was built in 1955 on a lot size of 0.3447.

HUGE $745,000 REDUCTION FROM ORIGINAL LIST PRICE!!! 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.

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Multi-Family Active

Price

$ 8,450,000

Bedrooms

24

Full Bath

20

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3447

Year Built

1955

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24358269

Days on Market

74

Features
General
Heating WallFurnace
Zoning SMR3*
Year Built 1955
Levels MultiSplit
Gross Income 512256.0
County Los Angeles
Net Operating Income 323029.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Just South of Idaho Avenue and 1 block East of Ocean Avenue
City Santa Monica
View Y/N N
Senior Community Y/N N
Total Units 20
MLS Area C14 - Santa Monica
Lot Size Square Feet 15017.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 2nd
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 59
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features Assigned
Total Parking 16.0
Lot Size Area 15017.0
Number of Buildings 2
Spa N
Building Area Total 14544.0
Lot Size Acres 0.3447
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 24
Electric On Property Y/N N
Total Baths 20
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Internal Only
Street Number 1 943
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

(424) 672-8220

Phone

Affordability Calculator

$59,026
Per Month
100%
0%
0%
Monthly Principal & Interest
$59,026
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$8,450,000 -2.82% Price Down
3/19/2024$8,695,000 -2.85% Price Down
2/29/2024$8,950,000 -2.66% Price Down
2/14/2024$9,195,000 Listed Price

Map


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943 2nd Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $8,450,000 with 14,544 sqft and a lot size of 0.3447. 943 2nd Street has 24 bedrooms, 20.0 baths, and was built in 1955. The property's zip code is 90403 which is in Santa Monica, CA