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$ 3,195,000
Est. payment /mo
New
1142 Harvard ST Santa Monica, CA 90403
7 Beds
7 Baths
4,001 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,001 sqft
Price per Sqft $798
MLS Listing ID 26105395
Bedrooms 7
HOA Y/N No
Year Built 1930
Lot Size 6,965 Sqft
Property Description
Exceptional investment opportunity in the heart of Santa Monica! This charming 7-unit property features five classic Spanish-style one-bedroom, one-bath bungalow units, along with two newly constructed contemporary ADU residences. The original bungalow units are filled with character and timeless appeal, offering hardwood floors throughout, abundant natural charm, and the convenience of in-unit washers and dryers. The newly built ADUs provide modern living, with the upper unit featuring a spacious one-bedroom floor plan plus a loft, and the lower unit offering a well-designed one-bedroom, one-bath layout. The property also offers the potential for 3-4 on-site parking spaces and presents an exciting future development opportunity, with the possibility of redeveloping the bungalow portion of the site (buyer to verify). 3-4 units will be delivered vacant at the close of escrow, with the potential for a 5th vacant unit as well, providing immediate flexibility for an owner-user, investor, or value-add repositioning. ADU units will be finished within apx. 1 month and were not calculated into the Projected Rents or Income.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Floor Furnace, Radiant
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplace No
Appliance Refrigerator, Dryer, Washer
Exterior
Parking Features On Street
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4266016027
Special Listing Condition Standard
Listed by Susan Kastner Compass #01237053