1427 17th Street

Santa Monica, CA 90404

$3,290,000
Price
8
Beds
5
Baths
3,950 Sq. Ft.
$833 / Sq. Ft.
3,950
Sq. Ft.
$833
per Sq. Ft.

Description

Discover this fully remodeled California Bungalow building in the coveted area of Santa Monica. There are Five units. All Units are tastefully Upgraded and offer a comfortable and modern living experience. Make your way inside and be greeted by restored wood flooring. Main House with its beautifully redesigned bathroom and standup glass shower enclosure adding a touch of elegance and functionality to your daily routine. All units stands apart as it has no attached walls, offering a sense of privacy...Discover this fully remodeled California Bungalow building in the coveted area of Santa Monica. There are Five units. All Units are tastefully Upgraded and offer a comfortable and modern living experience. Make your way inside and be greeted by restored wood flooring. Main House with its beautifully redesigned bathroom and standup glass shower enclosure adding a touch of elegance and functionality to your daily routine. All units stands apart as it has no attached walls, offering a sense of privacy and tranquility that feels more like a standalone home. The main house is vacant and great for Owner users. All Units are totally remodeled with New Bathroom and done Showers. In unit Washer and Dryer in the Three Units. Separate two other Studio upstairs and they are Sharing community washer and Dryer. Four Cover Parking garage spaces with alley access. Phenominal Location with easy access to some many top dining, markets, parks, and schools. Embrace the vibrant Santa Monica lifestyle with all the amenities and conveniences at your fingertips. Don't miss the opportunity to call this beautiful building a home and a fantastic generational investment vehicle.
  1. Listed by Timothy Di Prizito • DRE #01433017 • Brokerage DRE #00824452 • Christie's International Real Estate SoCal
  2. Listed by Clodia Esfandi • DRE #01332997 • Brokerage DRE #00824452 • Christie's International Real Estate SoCal

Property Details for 1427 17th Street

Water Front
None
Zoning
SMR2*
Style
California Bungalow
Cross Streets
Santa Monicea
Parcel Number
4275011020
Total Units
5.0
Living Area
3950
Source Living Area
Estimated
LISTING UPDATED: 08/13/2024 06:25 PM

Property Details for 1427 17th Street

StatusActive
MLS #24-406829
Days on Market152
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.17 AC / 7,495 SF
CountyLos Angeles County

Building Information for 1427 17th Street

Stories1Residences-Year Built1928Building Size-Lot Size0.17 AC / 7,495 SF

Property Information for 1427 17th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • View: Yes
  • View Description: Courtyard
  • View: Courtyard
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $180,340
  • Net Operating Income: $160,705.00
  • Gross Income: $180,340
  • Cap Rate: 3.70%
  • Gross Rent Multiplier: $23.80
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 19635
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.1721
  • Lot Size Square Feet: 7495
  • Lot Features: Front Yard, Back Yard, Yard, Lawn
  • Lot Description: Front Yard, Back Yard, Fenced, Fenced Yard, Exterior Security Lights, Yard, Walk Street, Sidewalks, Lawn
  • Lot Location: Alley Access, Flats, Greenbelt
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 4
  • Covered Parking: 4
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Laminate
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Electric Dryer Hookup, Gas Dryer Hookup, Garbage Disposal, Hood Fan
  • Interior Features: Ceiling Fan(s)
  • Room Kitchen Features: Remodeled Kitchen
  • Kitchen Features: Remodeled
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Oven-Gas
  • Laundry: Community, In Unit
  • Laundry Equipment: Own
  • TV Services: Cable TV
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Sprinklers: None
  • Entry Location: Ground Level w/steps
  • Windows: Double Pane Windows
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-21-2024
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,175.00
  • Unit Actual Rent: $3,175.00
  • Unit Projected Rent: $3,175.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,175.00
  • Unit Actual Rent: $3,175.00
  • Unit Projected Rent: $3,175.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,750.00
  • Unit Actual Rent: $4,750.00
  • Unit Projected Rent: $4,750.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,720.00
  • Unit Actual Rent: $1,720.00
  • Unit Projected Rent: $1,720.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,125.00
  • Unit Actual Rent: $2,125.00
  • Unit Projected Rent: $2,125.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Property History for 1427 17th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1427 17th Street

Taxable ValueLand$1,448,730Additions$386,320Total$1,835,050
Tax Record2024$22,792 ($1,899 / month)
Home Facts
Total Finished SqFt3,025 SqFtAbove Grade Finished SqFt3,025 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningSMR2*CountyLOS ANGELESAPN4275-011-020

Schools near 1427 17th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1427 17th Street is a multi-family home for sale in Santa Monica, CA 90404. This property was listed for sale on June 21, 2024 by Christie's International Real Estate SoCal, it's currently listed at $3,290,000. It has been on the market for a total of 152 days and was last sold on June 20, 2008. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include McKinley Elementary School, Lincoln Middle School and Santa Monica High School. 1427 17th Street is a 8-bed, 5-bath, 3,950 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's International Real Estate SoCal, Timothy Di Prizito, DRE #01433017; Christie's International Real Estate SoCal, Clodia Esfandi, DRE #01332997

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.