2403 Centinela Avenue Santa Monica, CA ^$ 3,990,000

2403 Centinela Avenue

^$ 3,990,000

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2403 Centinela Avenue

Santa Monica, CA, 90405

^$ 3,990,000

Studio Baths0.0 Sq 5,337

Monthly Estimate*

^$ 27,871

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 1

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2403 Centinela Avenue, Santa Monica, CA 90405 - Image 3

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 4

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 5

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 6

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 7

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 8

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 9

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 10

2403 Centinela Avenue, Santa Monica, CA 90405 - Image 11

Studio

Multi-Family Home for sale in Santa Monica, CA

for $3,990,000. This 5,337 square foot home was built in 1937 on a lot size of 0.41.

This is a private bungalow enclave and compound with no detail overlooked. Property was taken down to studs and fully rebuilt. Most units have never been occupied. Recent Multi-Million Dollar remodel by award-winning architect, the property includes 11 charming single-level residences. This is a huge 18,027 Square Foot Lot. 6.5 CAP at asking price. Unit mix: one two-bedroom unit, six one-bedroom units and four singles. All with kitchens and high-end appliances, including Mini Split Heating/AC Units and washer/dryers! These homes showcase modern stainless steel kitchen appliances and elegant wood flooring, as well as energy-efficient dual pane windows for sound suppression. Each residence includes allocated parking for one vehicle, including seven garages, new automatic garage doors plus 5 parking spaces. The lush landscaping of the communal areas is meticulously kept and includes beautiful sycamores, enhancing the overall appeal. Please do not curb appraise.

Multi-Family Active

Price

^$ 3,990,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Bungalow

Lot Size

0.41

Year Built

1937

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0023323957

Features

General

Sewer Sewer Paid

Heating Combination

Possession Close of Escrow

Roof Shingle Composition

Zoning SMR2*

Architectural Style Bungalow

Security Features Smoke Detector(s) Automatic Gate Carbon Monoxide Detector(s) Gated Community Fire and Smoke Detection System Card/Code Access

Exclusions Furniture

Year Built 1937

Tenant Pays Electricity

View Courtyard

Levels One

County Los Angeles

Net Operating Income 262529.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Santa Monica

Buyer Agent Compensation 1.50

View Y/N Yes

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Square Feet 18027.0

Street Name Centinela

Land Lease Y/N No

Property Condition Updated/Remodeled Repairs Major

Additional Parcels Y/N No

Structure Type None

Standard Status Active

Year Built Source Other

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Microwave Gas Range Oven

Heater Fuel Type Electric Natural Gas

Fireplace Features Blower Fan Decorative Kitchen Bath

Total Stories 1

Heating Y/N Yes

Window Features Blinds

Fireplace Y/N Yes

Street Suffix Avenue

Laundry Features Stackable

Total Baths 0

Exterior

Parking Features Driveway Auto Driveway Gate Controlled Entrance

Lot Features Landscaped

Water Source Public

Inclusions Appliances: Washer Dryers Stainless stoves and Micros. Entry card reader system. Security camera system.

Lot Size Area 18027.0

Spa No

Pool Y/N? No

Building Area Total 5337.0

Lot Size Acres 0.41

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Carl Lambert

Listing Agent

Lambert Investments, Inc.

Broker

Affordability Calculator

$27,871

Per Month

Monthly Principal & Interest: $27,871
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$3,781,509

Percent of Sale Price 5%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2024	$3,990,000	-16.00%	Price Down
10/21/2023	$4,750,000		Listed Price

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2403 Centinela Avenue, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $3,990,000 with 5,337 sqft and a lot size of 0.41. 2403 Centinela Avenue is a studio with 0.0 baths and was built in 1937. The property's zip code is 90405 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/14/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2403 Centinela Avenue

Multi-Family Home for sale in Santa Monica, CA

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