2230 Delaware Avenue,Santa Monica, CA 90404
Santa Monica, CA 90404
Description
"Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with easy access to shopping, dining, entertainment, and public transportation. Extensively renovated and thoughtfully upgraded, this income-producing property ( GREAT CASH FLOW ) consists of a REMODELED TRIPLEX plus a NEWLY BUILT legal 2-bedroom, 2-bath ADU, offering strong rental demand, stable income generation, and compelling long-term investment potential. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, hardwood flooring and or vinyl plank, dual-pane windows, fresh interior paint, new heaters, and modernized interiors throughout. Each unit features stainless steel appliances including an in-unit washer and dryer, dishwasher, built-in microwave, gas range, and refrigerator. Additional interior upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and designer Edison-style fixtures. These significant upgrades help support tenant satisfaction while reducing near-term maintenance concerns, enhancing the property's appeal as a well-positioned investment asset. The lower front unit enjoys a spacious private patio with panoramic city and Santa Monica Mountain views. Residents also benefit from a large shared rear patio and five onsite parking spaces, amenities that contribute to continued tenant desirability and rental strength. ALL UNITS ARE CURRENTLY TENANT OCCUPIED , providing immediate rental income and operational continuity for investors. DO NOT DISTURB TENANTS. Inside with an accepted offer, no exceptions! Call agent for more information - Make an offer on the CAR FORMS"
Details
| MLS # | 26841091 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 145 |
| Listing Provided By | ZARA Equity Corp. | Marc Chorin |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,075 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | SMR2* |
| Acreage | 0.12 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Dishwasher, Disposal, Refrigerator, Dryer, Washer |
Parking
| Parking Features | Assigned |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90404 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90404) | |
Price: $2,260,000 low | high Med: $899,500 sqft: 3,075 low | high Med: 1,424 $ / sqft: $735 low | high Med: $633 On site: 145 low | high Med: 95 | |
Market Activity 90404
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90404 |
| Area | C14 Santa Monica |
| Listing VS Median (in 90404) | |
Price: $2,260,000 low | high Med: $899,500 sqft: 3,075 low | high Med: 1,424 $ / sqft: $735 low | high Med: $633 On site: 145 low | high Med: 95 | |
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