Santa Monica CA Commercial for Sale
$4,000,000
943 19th Street Santa Monica, CA 90403
- Type:
- Other
- Sq.Ft.:
- 7,180
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- SR24024760
ADDITIONAL INFORMATION
An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
Santa Monica Real Estate
The median home value in Santa Monica, CA is $1,772,900. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Santa Monica, CA is $1,772,900. Approximately 24.99% of Santa Monica homes are owned, compared to 65.15% rented, while 9.86% are vacant. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Monica real estate agent to arrange a tour today!
Santa Monica, California 90403 has a population of 92,495. Santa Monica 90403 is less family-centric than the surrounding county with 29.61% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Santa Monica, California 90403 is $86,084. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Santa Monica 90403 is 40.5 years.
Santa Monica Weather
The average high temperature in July is 71.8 degrees, with an average low temperature in January of 50 degrees. The average rainfall is approximately 16 inches per year, with 0 inches of snow per year.