101 Strand Street

Santa Monica, CA 90405

$5,595,000

List Price

9

bed Beds

9

shower Baths

5,728 sqft

straighten / sqft

1955

calendar_month Built

Property Description

101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1245 Per Sq Ft plus homeowners dues averaging $1587. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.

Listing Information

List Price $5,595,000
Status Active
MLS 24462503
Type Residential Income
Year Built 1955
Lot Size 5,173
Structure Size 5,728
DOM 14
Courtesy Of Lambert Investments, Inc.
Listing Agent Francyne Lambert DRE#00827267

Interior Features

Total Bedroom
Bedrooms 9
Total Bathroom
Bathrooms 9
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Francyne Lambert, Lambert Investments, Inc. 310-453-9656. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 25th, 2024 at 10:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.