RE/MAX Gateway
Mark Bolender
310-857-4956310-857-4956
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RE/MAX Gateway
Venice. Santa Clarita. Topanga. Santa Monica. Malibu.

2601 Arizona Avenue, Santa Monica, CA 90404 (MLS # SB19168818)

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PRICE $2,100,000
BEDS n/a
BATHS 0 baths
HOME SIZE 3,308 sq ft
LOT SIZE 6,452 sqft

We are pleased to present 2601 Arizona Avenue, an outstanding value-add multifamily investment opportunity in Northern Santa Monica. The property is located north of Santa Monica Boulevard, on a beautiful tree-lined street. The location is ideally situated just minutes from Brentwood, Bergamot Station and provides easy access to the 10 and 405 Freeways. 2601 Arizona Avenue is a 3,308 SF 5-unit apartment building on a 6,452 SF street-to-alley corner lot. The building is comprised of two (2) one-bedroom/one-bathroom units, one (1) one-bedroom/one-bathroom detached bungalow and two (2) studio units above the garages. There are a total of four (4) garage spaces – two (2) single car garages and one (1) two-car garage, as well as an abundance of permitted street parking. Three of the one-bedroom/one-bathroom units will be delivered vacant at COE. Roof was completely replaced in 2018. The vacant units provide an immediate opportunity to renovate them and bring their rents up to market rates. The lot is zoned SMR2 providing the potential to build four (3) new units/condos by-right, to maximize the full potential of the lot. If you are looking for an owner-user, this property provides a multitude of options. 2601 Arizona Avenue presents an exciting opportunity to renovate a property with great bones and turn it into a well producing multifamily investment in a prime neighborhood of Northern Santa Monica.

DAYS ON MARKET 36 LAST UPDATED 8/12/2019
YEAR BUILT 1940 COMMUNITY Santa Monica
GARAGE SPACES 4.0 COUNTY Los Angeles
TOTAL PARKING 9 STATUS Active
PROPERTY TYPE(S) ResidentialIncome

PRICE HISTORY
Prior to Aug 12, '19 $2,225,000
Aug 12, '19 - Today $2,100,000


ADDITIONAL DETAILS
BUILDINGAREAUNITS Square Feet
COLISTAGENTFIRSTNAME Nico
COLISTAGENTLASTNAME Rosmarin
COLISTAGENTSTATELICENSE 02023847
COLISTOFFICENAME Lyon Stahl Investment Real Estate, Inc.
COMMONWALLS 2+ common walls
COMMUNITYFEATURES Curbs, Sidewalks
ELEVATIONUNITS Feet
GARAGESPACES 4.00
LANDLEASEYN 0
LAUNDRYFEATURES Individual Room
LEVELS One, Two
LISTAGENTSTATELICENSE 02042837
LOTFEATURES 0-1 Unit/Acre
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C14 - Santa Monica
PARCELNUMBER 4267007019
PARKINGFEATURES Assigned, Garage, Garage - Single Door, Garage - Two Door, Garage Faces Front, Garage Faces Side, On Site
POOLFEATURES None
PRICEPERSQUAREFOOT 634.82
PROPERTYTYPE Residential Income
SENIORCOMMUNITYYN 0
SEWER Public Sewer
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER 8437
WATERSOURCE Public

ZESTIMATE
$2098743  2601 Arizona Avenue, Santa Monica, CA

RENT ZESTIMATE
$3695 / mo.  2601 Arizona Avenue, Santa Monica, CA

93 Walker's Paradise



 
CONTACT US ABOUT 2601 ARIZONA AVENUE
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Listing provided by : Albert Corey Rasmussen License # 02042837, Lyon Stahl Investment Real Estate, Inc. Co-Listed with Nico Rosmarin License # 02023847, Lyon Stahl Investment Real Estate, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 8/22/19 6:35 AM PDT and /or other sources. 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

About Us

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Mark Bolender

Cal BRE# 01065007

markbolender@remax.net

661-714-0510661-714-0510 mobile

Mark Bolender has been a driving force for good, in the Southern California real estate scene for 25 years. His innovations in service, technology and transparency has given him a rewarding career with many clients. "Calm, cool and collected" best describes him. Detailed and caring define his character. His first hand knowledge of the housing industry and Southern California culture blends with his seasoned experience in helping people and negotiating on their behalf. Mark feels strongly about assisting people in finding real estate that will enhance and enrich one's life.