Active

101 Strand St

Santa Monica CA, 90405

$5,685,000


$992.49 per sqft

Active

9 Beds

9 Baths

5,728 sqft

Multi-family

Built in 1955

101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1300 Per Sq Ft plus homeowners dues averaging $1475. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.

24-406481

MLS ID

June 20, 2024

Listed

July 13, 2024

Updated

Map

101 Strand St
Santa Monica CA, 90405

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

9


Appliances

Range/Oven


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.12 Acres

Other Property Details

Area Name

Santa Monica


Days on Market

8


Garage

Yes


Garage Spaces

2


Parking

None


Parking Total

7


View

No


County

Los Angeles


Pool

No


Zoning

SMOP3*

Listed by Francyne Lambert with Lambert Investments, Inc.
Listing Contact: 310-720-9299 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lee LaPlante shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/13/2024

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