1704 Washington Ave
Santa Monica, CA 90403

Bd   Ba   4,100 Sqft   94 Days
Truly a rare and exceptional property/parcel ( Developer's dream ) of land. Rare opportunity to acquire, LIVE-in and in future build to its maximum potential. All units have characteristic of a private residence. This four-unit building in Prime Santa Monica area sits on an exceptionally situated 9322 s.f. lot with 150 feet of frontage on Washington Ave open on three sides (The property's income is based on projected amount of $3400/mo for unit #1 but current new tenant has a lease till Feb 2018 for $4500/month ) (Rent for#3 includes $730/month for 2 additional garages, one storage room and a dog charge which tenant has been paying for some years) Buyer and Buyer's agents to verify all information regardless of the source including but not limited to sq ft, room quantity, lot size, permit and etc. The Property is subject to city of Santa Monica rent control. Property is being sold as is with no credits to buyer( Next door house on a 2500 s.f. lot recently sold for $1,770,000 )
  • $0 HOA
  • $854/Sqft
  • MLS#17244424 provided by Moussa Mahyar of Premier Real Estate Broker, In
  • Movoto last checked CRMLS for new data 11 minutes ago
  • CRMLS last updated this listing 3 weeks ago

Home Features for 1704 Washington Avenue, Santa Monica

Year Built: 1940
Lot Size Acres: 0.21
Lot Size Square Feet: 9322
Lot Size Units: Square Feet
Lot Size Area: 9322
Price Per Square Foot: 853.66
Parcel Number: 4277027001
Special Listing Conditions: Standard
Standard Status: Active
Interior
Flooring: Wood
Exterior
Number Of Buildings: 2
Building Area Total: 4100
Parking Features: Community Garage
Parking Total: 5
Garage Spaces: 5
Number Of Units Total: 4
Amenities / Utilities
Water Sewer Expense: 3100
Electric Expense: 650
Appliances: Garbage Disposal
Laundry Features: Individual Room
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Property History for 1704 Washington Avenue, Santa Monica

Status
Date
Price
Listed
Jun 23, 2017
$3,500,000
#17244424

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Real Estate Market Statistics for 1704 Washington Avenue, Santa Monica

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1704 Washington Avenue

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Wilshire-Montana
Santa Monica
90403
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$3.5M

1704 Washington Avenue

$1.2M

Wilshire-Montana

0% y/y

Wilshire-Montana

$1.48M

90403

14% y/y

90403

$2.4M

Santa Monica

-6% y/y

Santa Monica

See all trends for Santa Monica

Public Record for 1704 Washington Avenue, Santa Monica

6 Beds
5 Baths
3,946 Sqft Building Area
Quadruplex (4 units, any combination)
9,321 Sqft Lot Size
1940 Year Built
03/21/2007 Last Sale Date
As of today, there are 19 properties listed for sale in ZIP code 90403 and 108 properties listed for sale in the city of Santa Monica, CA. This property at 1704 Washington Ave in 90403 is currently listed for $3,500,000. This is 46% above the $2,397,500 median price for Santa Monica and 137% above the 90403 median of $1,475,000. Of the 108 properties for sale in Santa Monica, 48 are single family homes and 60 are condos. 1704 Washington Ave is a multi family home that is approximately 4,100 Sqft, 124% above the Santa Monica median of 1,830 and 174% above the 90403 ZIP code median of 1,496. The price per Sqft is $854, which is 12% below the median price in 90403 of $974 and 21% below the Santa Monica median of $1,083 per square foot.
Built in 1940, this multi family house at 1704 Washington Ave is approximately 4,100 square feet and comes with 5 parking spots. It is listed on 06/23/2017 with a cost per Sqft of $854. 1704 Washington Ave is located in the Wilshire-Montana neighborhood in the Santa Monica-Malibu Unified School District. The closest school is Lincoln Middle School.

1704 Washington Ave has been on the market for 94 days. The median days on the market for properties in this area is 32 with a median list price of $2,397,500 and median cost per square foot of $1,083. It's currently listed as active under the MLS #17244424.

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