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Lorenzo Vasquez

sold@lorenzovasquez.com +1(559) 667-7612

$2,495,000

Est. payment - /mo

9 Beds

6 Baths

3,802 SqFt

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Open House

Sun Oct 05, 2:00pm - 5:00pm

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,802 sqft

Price per Sqft $656

MLS Listing ID 25596345

Bedrooms 9

HOA Y/N No

Year Built 1989

Lot Size 4,839 Sqft

Property Description

INCREDIBLE OPPORTUNITY IN PRIME SANTA MONICA! Nestled on the very quiet, tree-lined Highland Avenue, within the highly sought-after Silicon Beach area, this gated estate blends classic, elegant beach house charm with calming nature and modern upgrades across two distinct structures, split by a fenced courtyard garden. The home is a short walk to the nearby attractions on Rose Avenue, Main Street, the ocean, Abbott Kinney, and more, with top-rated Santa Monica schools nearby. The front residence is a two-story, four-bedroom, two-bath home of approximately 1,750 square feet, capped by a private rooftop terrace with stunning views. Across the fenced courtyard garden stands a charming duplex built in 1989 featuring a separate entrance and rear parking, boasting two 900 sq. ft two-bedroom single-level apartments, crowned by a spacious 628 sq ft rooftop lounge that offers city, treetop, mountain, partial Pacific views, and a calming natural breeze. On the ground level, you'll find a studio apartment (the owner always kept for family), perfect as a guest suite or potential permitted project for further income. With only a wall between this and the existing four-car garage, there's another potential opportunity for an ADU expansion (Buyer to verify). All units are separately metered for gas and electricity and equipped with separate water heaters, simplifying cost allocation. Both units in the duplex are currently rented for $3,650 (2 bed 1 bath) and $3,750 (2 bed 2 bath) respectively, guaranteeing cash-flow from the onset. The front house residence is currently vacant and has previously rented at $8,000 (4 bed 2 bath). The property has recently undergone significant value-adding upgrades, including upgraded kitchens, baths, new windows, plumbing, new roofing on both buildings, and an entirely new weatherproof, spacious sundeck in the back! Over the previous month, further upgrades were made with new fencing, painting, landscaping, new garage doors for the four-car garage, refreshed common areas, and more. Amazing property and absolutely extraordinary deal.Note: the virtual tour is of the back two 2-bedroom apartments and the studio unit.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Interior Features Ceiling Fan(s), Attic

Heating Central, Fireplace(s)

Flooring Bamboo, Wood

Fireplaces Type Gas, Living Room

Fireplace Yes

Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway, Guest

Garage Spaces 4.0

Garage Description 4.0

View Y/N Yes

View City Lights, Mountain(s), Ocean, Panoramic

Porch Porch, Rooftop

Total Parking Spaces 5

Building

Lot Description Back Yard, Front Yard, Yard

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4287037029

Special Listing Condition Standard

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Listed by Omar Abaza The Oppenheim Group, Inc.

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Lorenzo Vasquez

+1(559) 667-7612

Agent | License ID: 02072805

Agent License ID: 02072805

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3110 Highland AVE Santa Monica, CA 90405

Lorenzo Vasquez

Open House

Key Details

Location

Interior

Exterior

Building

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