3110 Highland Avenue

3110 Highland Ave
Santa Monica, CA 90405

$2,895,000
Price
8
Beds
6
Baths
3,802 Sq. Ft.
$761 / Sq. Ft.
3,802
Sq. Ft.
$761
per Sq. Ft.

Virtual Tour

Virtual Tour

a view of a backyard with table and chairs and a fire pit
a living room with furniture fireplace and flat screen tv
a kitchen with a sink a counter top space and stainless steel appliances
a view of a dining room with furniture a chandelier and wooden floor
a living room with furniture and a large window
a living room with furniture and a wooden floor
a living room with furniture and a flat screen tv
a view of a dining room with furniture and a potted plant
a large bed sitting in a bedroom next to a window
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a bedroom with a bed and a window
a bedroom with a bed and a window
a bedroom with a bed and a flat screen tv
a bedroom with furniture and a window
a bedroom with a bed and a table in it
a view of a a dining room with furniture window and wooden floor
a view of a dining room with furniture window and outside view
a living room with furniture a flat screen tv and a fireplace
a bedroom with a bed and a large window
a bedroom with a bed a chair and potted plant on the table
a bedroom with a bed and a large window
a backyard of a house with table and chairs
a view of a couches in the patio
a front view of a house with garden
a house view with a outdoor space
a view of outdoor space and yard
an aerial view of multiple houses with a yard
an aerial view of a houses with a lake view

Description

We are proud to present The Seaside, a tranquil retreat located in the charming beachside community of Ocean Park in the City of Santa Monica. Situated on the quiet residential street of Highland Ave., this unique property, which is just 6 blocks from the beach, offers an amazing opportunity and endless possibilities for either someone looking to call this property home or a seasoned investor. The property is not subject to Santa Monica Rent Control, allowing for 5% + CPI annual rent increases per...We are proud to present The Seaside, a tranquil retreat located in the charming beachside community of Ocean Park in the City of Santa Monica. Situated on the quiet residential street of Highland Ave., this unique property, which is just 6 blocks from the beach, offers an amazing opportunity and endless possibilities for either someone looking to call this property home or a seasoned investor. The property is not subject to Santa Monica Rent Control, allowing for 5% + CPI annual rent increases per AB 1482, was originally built in 1920 and in 1988, the construction of (2) detached apartment units and workshop was completed. Over the course of the last few years, the property has undergone extensive renovation to both the main home, as well as the apartment units. This wonderful opportunity encompasses an impressive 3,802 sq ft. building and consists of a 4 Bedroom + 3 Bath Two-Story Single-Family Home with a private 106 sq ft. 3rd-floor rooftop terrace, as well as (2) detached 2-Bedroom apartment units averaging 895 sq ft. in a 3-story structure with the 4th floor consisting of a massive 628 sq ft. sundeck and lounge with partial views of the Pacific Ocean and surrounding city. In addition, there’s a 1st floor, non-conforming studio unit that could be used as an office or potentially converted into a legal apartment unit. Each of these fantastic units is individually metered for gas and electricity, and offers individual hot water heaters, further lowering utility costs, as well as an on-site laundry facility for tenants. Though certain upgrades have been made, there is still a considerable amount of value to add to this incredible property, as well as a tremendous amount of rental income that has yet to be unlocked, making The Seaside an incredible opportunity. Though certain upgrades have been made, there is still a considerable amount of value to add to this incredible property, as well as a tremendous amount of rental income that has yet to be unlocked, making The Seaside an incredible opportunity (1) Four-Bedroom + Three-Bath House – 1,708 sq ft. (1) Four-Bedroom + Three-Bath House – 1,708 sq ft (1) Two-Bedroom + Two-Bath – 895 sq ft. (1) Two-Bedroom + Two-Bath – 895 sq ft (1) Two-Bedroom + One-Bath – 895 sq ft. (1) Two-Bedroom + One-Bath – 895 sq ft (1) Studio + One-Bath ( Non-Conforming Unit) – 306 sq ft. Santa Monica’s real estate market is characterized by high demand and limited supply, resulting in property values that are among the highest in the region. Buyer to Verify with the City of Santa Monica All material presented herein is intended for discussion purposes only. It is the sole responsibility of the Buyer to conduct their own due diligence as to the accuracy of the information contained herein and the Seller nor their agents make any warranties expressed or implied
  1. Listed by Raymond Rodriguez • DRE #01402283 • Brokerage DRE #01811831 • Equity Union • 818-581-5829

Property Details for 3110 Highland Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
3802
Assessor Parcel Number
4287-037-029
Property Attached YN
true
LISTING UPDATED: 10/21/2024 07:05 AM

Property Details for 3110 Highland Avenue

StatusActive
MLS #SR24189485
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.11 AC / 4,838 SF
CountyLos Angeles County

Building

3110 Highland Ave

3 StoriesBuilt in 1920

Virtual Tour

Building Information for 3110 Highland Avenue

Stories3Residences-Year Built1920Building Size-Lot Size0.11 AC / 4,838 SF

Property Information for 3110 Highland Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $184,140
  • Gross Scheduled Income: $184,140
  • Net Operating Income: $127,228
Expense Details
  • Operating Expense: $51,388
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $51,388
Tax / Assessment Info
  • Tax Block: C
  • Tax Tract Number: 0
  • Tax Census Tract: 7021.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Biking, Watersports
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Garden
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: On Site
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 7500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,050
  • Unit Type Total Rent: $4,050
  • Unit Type Pro Forma: 4150
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3795
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 3110 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3110 Highland Avenue

Taxable ValueLand$1,869,607Additions$468,515Total$2,338,122
Tax Record2024$27,884 ($2,324 / month)
Home Facts
Total Finished SqFt3,232 SqFtAbove Grade Finished SqFt3,232 SqFtLot Size4,838 SqFtStyleDuplexZoningSMOP2*CountyLOS ANGELESAPN4287-037-029

Schools near 3110 Highland Avenue

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
John Muir Elementary School
Public - K to 5
John Adams Middle School
Public - 6 to 8
Santa Monica High School
Public - 9 to 12
Olympic High (Continuation) School
Public - 9 to 12
Rating
School
Distance
John Muir Elementary School
PublicK to 5

John Adams 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.

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More information about 3110 Highland Avenue, Santa Monica, CA 90405

3110 Highland Avenue is a multi-family home for sale in Santa Monica, CA 90405. This property was listed for sale on September 11, 2024 by Equity Union, it's currently listed at $2,895,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include John Muir Elementary School, John Adams Middle School and Santa Monica High School. 3110 Highland Avenue is a 8-bed, 6-bath, 3,802 sqft multi-family home built in 1920.

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 Equity Union, Raymond Rodriguez, DRE #01402283

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.