502 Bay Street
Santa Monica, CA 90405
Sold
Get ready to make this five unit beauty, your very own! Walking distance to the beach, close proximity to Santa Monica College, minutes to UCLA and the Promenade in Santa Monica. This gem is an investment opportunity just south of Pico Blvd. Investors, 1031 or cash buyers, this is it! One parcel, two units, 8000+ lot size. The duplex is on the corner lot with a private fenced yard. The duplex consist of (one) 2 bed / 1 bath and (one) 2 bed / 1 bath. The three units consist of (3) 2 bed/1 baths with laundry hook-up inside the units! Do not contact /disturb tenants!! Seller will need a 1031 exchange at COE. Showing of interior with accepted offer. Contact LA for information. Seller is highly motivated and ready to go to escrow..will consider all offers! LA is related to seller.
PROPERTY INFORMATION
MLS # | 23253495 | Lot Size | 8,082 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 2,500,000
Price Per SqFt: $ 670 |
DOM | 849 Days |
Address | 502 Bay Street | Type | Residential Income |
City | Santa Monica | Sq.Ft. | 3,729 Sq. Ft. |
Postal Code | 90405 | Garage | N/A |
County | Los Angeles | Year Built | 1963 |
Bed / Bath | 7 / 0 | Parking | 4 |
Built In | 1963 | Status | Closed |
Sold Date | 2023-05-04 |
INTERIOR FEATURES
Has Appliances | Yes |
Kitchen Appliances | Disposal |
Has Heating | Yes |
Heating Information | Natural Gas, Wall Furnace |
Has Cooling | No |
Cooling Information | None |
EntryLocation | Ground Level w/steps |
Has Spa | No |
SpaDescription | None |
WindowFeatures | Screens |
EXTERIOR FEATURES
Roof | Composition, Shingle |
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,667
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
05/04/2023 | Sold | $1,609,000 |
03/31/2023 | Active Under Contract | $2,500,000 |
03/22/2023 | Listed | $2,500,000 |

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(844)-333-8033
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Listing provided courtesy of Michelle K. Smith-Pullum, eXp Realty of California Inc. 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.