443 Bay Street Active Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,532 sqft
Price per Sqft $488
MLS Listing ID CL25514273
Year Built 1971
Lot Size 5,752 Sqft
Property Sub-Type Other
Property Description
SIGNIFICANT PRICE IMPROVEMENT. PRICED TO SELL IN PRIME SANTA MONICA. We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor or owner user (there is a very large, luxuriously updated 3 bedroom unit), the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units) and central HVAC (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main S
Location
State CA
County Los Angeles
Zoning SMOP
Interior
Heating Wall Furnace,Other
Cooling Central Air,Wall/Window Unit(s)
Building
New Construction No