Santa Monica, CA 90404,1530 Harvard St
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Sharlyn Nazarian & Paul Phillips

Sharlyn Nazarian & Paul Phillips

+1(323) 523-9366
$ 3,990,000
Est. payment /mo
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1530 Harvard St Santa Monica, CA 90404

16 Beds

13 Baths

7,080 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,080 sqft

Price per Sqft $563

MLS Listing ID 25611387

Bedrooms 16

Year Built 1961

Lot Size 7,391 Sqft

Acres 0.1697

Property Sub-Type Multi-Family

Property Description

We are pleased to present an exceptional 6-unit investment opportunity located in the heart of Santa Monica.This rare offering includes an incredible newly built 6-bedroom, 5-bath townhome-style owner's units panning approximately 3,080 square feet, representing one of the most extraordinary owner-user opportunities available in Santa Monica today. The owner's unit has been thoughtfully designed to allow for versatile use it can function as a single expansive 6-bedroom residence or be configured as two separate 3-bedroom, 2-bath living quarters ,providing flexibility for multigenerational living, partial rental income, or dual occupancy.The remaining five units feature an ideal mix of 2-bedroom floor plans, each offering tremendous rental upside and excellent natural light. The property has been family-owned and meticulously maintained for many years, providing both stability and strong income potential. With the impressive income from the five rental units, an owner-occupant can significantly offset any mortgage costs while enjoying the luxury and scale of the custom-built main residence.Ideally situated on a beautiful, tree-lined street, the property enjoys close proximity to Brentwood, Culver City, and Century City, offering convenient access to major employment hubs, studios, and entertainment destinations. Residents benefit from being just minutes away from Santa Monica's world class dining, high-end shopping, and vibrant nightlife, as well as the beach and the bustling Montana Avenue and Wilshire Boulevard corridors. This is a generational opportunity to acquire a premier multifamily asset with both strong in-place income and significant upside potential perfectly suited for an owner-user or investor seeking longterm appreciation and flexibility in one of Los Angeles' most sought-after coastal markets.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Central, Wall/Window

Equipment Microwave, Dishwasher, Range/Oven, Refrigerator

Exterior

Parking Features Assigned, Garage - 2 Car

Garage Spaces 11.0

Building

Story 2

Level or Stories Multi/Split, One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Sharlyn Nazarian & Paul Phillips

Sharlyn Nazarian & Paul Phillips

Realtor | License ID: DRE #02251393 DRE#02251387

+1(323) 523-9366

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1530 Harvard St