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$2,750,000 Santa Monica 4unit fixer with RTI plans (Santa Monica)

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Posted : Friday, December 22, 2023 06:25 PM

Welcome to a rare investment gem in the heart of Santa Monica! This property features a charming single-family home in the front and a triplex in the back, offering a unique blend of classic style and modern potential.
What sets this property apart is the inclusion of Ready-to-Issue (RTI) plans that unlock incredible value: Triplex Enhancement: RTI plans include the addition of bathrooms to each of the back units, ensuring comfort and modern amenities for residents.
Front SFR Remodel: The single-family residence at the front is poised for a complete remodel, allowing you to customize and modernize the space to your vision.
ADU Addition: The plans also incorporate the addition of an Accessory Dwelling Unit (ADU), transforming this property into a five-unit investment opportunity.
This prime Santa Monica location is known for its proximity to vibrant amenities, beaches, and excellent schools.
Whether you're an investor looking to maximize rental income or a homeowner seeking a project with substantial potential, this property is a canvas for your vision.
Key Features: Front SFR + Triplex RTI Plans for Back Units and Front SFR Remodel ADU Addition for Additional Income Prime Santa Monica Location Proximity to Amenities, Beaches, and Schools Cash or Hard Money.
Creative Financing available.
Moretta Co.
Acquisitions

• Phone : NA

• Location : Santa Monica,CA

• Post ID: 9059288201


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