1530 Harvard ST new

Santa Monica,CA 90404

$ 3990000

16 Beds

13 Baths

7080 SqFt


Key Details

Property Type Single Family Home

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 7,392 Sqft

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 C14 - Santa Monica

Zoning SMR2*

Interior

Heating Central,Wall Furnace

Cooling Central Air,Wall/Window Unit(s)

Exterior

Parking Features Assigned,Door-Multi,Garage

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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