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2505 14th Street
Santa Monica, CA 90405
Sold
2505 14th Street presents a unique investment opportunity in the highly desirable Sunset Park neighborhood of Santa Monica, just 1 mile from the beach. This triplex, built in 1940, is composed of 2 separate structures consisting of (3) 1 Bed + 1 Bath units, totaling approximately 1,807 square feet on a 6,429 square foot lot Zoned SMR2. With a current cap rate of 4.0% and a market cap rate of 6.0%, this property is an attractive opportunity for investors seeking a location-driven asset with strong upside potential.
PROPERTY INFORMATION
| MLS # | 24378759 | Lot Size | 6,431 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,748,755
Price Per SqFt: $ 968 |
DOM | 463 Days |
| Address | 2505 14th Street | Type | Residential Income |
| City | Santa Monica | Sq.Ft. | 1,807 Sq. Ft. |
| Postal Code | 90405 | Garage | N/A |
| County | Los Angeles | Year Built | 1940 |
| Bed / Bath | 3 / 0 | Parking | 3 |
| Built In | 1940 | Status | Closed |
| Sold Date | 2024-05-28 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Oven |
| Kitchen Information | Tile Counters |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Living Room |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Wood, Tile, Vinyl |
| InteriorFeatures Information | Beamed Ceilings |
| Bathroom Information | Tile Counters |
EXTERIOR FEATURES
| Has Patio | Yes |
| Patio | Porch, Front Porch, Deck |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,865
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/11/2024 | Listed | $1,748,755 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of David Weinberger, Keller Williams Studio City. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
