2547 3rd Street

Santa Monica, CA 90405

$2,350,000
Last Sold Price
8
Beds
5
Baths
3,164 Sq. Ft.
$743 / Sq. Ft.
3,164
Sq. Ft.
$743
per Sq. Ft.

Description

Amazing opportunity to own three single story separate bungalows, one with two units on elevated lot in the Historic District of Santa Monica. 2547, 2547 1/2,2551 & 2549 are all being sold together on one oversized corner lot and has significant upside potential and picture window views with glimpses of the ocean. The front bungalow consists of 2br, 1ba with a partially finished attic with skylights. Attached to the first bungalow is a separate unit with 1br, 1ba with your own private entrance. Bungalow...Amazing opportunity to own three single story separate bungalows, one with two units on elevated lot in the Historic District of Santa Monica. 2547, 2547 1/2,2551 & 2549 are all being sold together on one oversized corner lot and has significant upside potential and picture window views with glimpses of the ocean. The front bungalow consists of 2br, 1ba with a partially finished attic with skylights. Attached to the first bungalow is a separate unit with 1br, 1ba with your own private entrance. Bungalow #2 has 3bd, 2ba with cute back patio. Behind the two Bungalows is another separate structure that has 2 bd, 1ba. Each unit has a garage storage space. Both front units have front yard landscaping. Don't miss these very unique properties superbly located on Ocean Parks Blvd and 3rd street, just 3 blocks from the beach. An easy stroll to trendy Main St, beaches, shopping and Farmers Market. Leave your car at home and enjoy beach life.
  1. Listed by Heidi Bowser • DRE #01902265 • Brokerage DRE #01897784 • Century 21 Award-Tem Redhawk • 951-691-7892

Property Details for 2547 3rd Street

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3164
Assessor Parcel Number
4287-011-017
Property Attached YN
false

Location

Listing Courtesy of Century 21 Award-Tem Redhawk, Heidi Bowser, DRE #01902265

Sold By Century 21 Award-Tem Redhawk, Heidi Bowser, DRE #01902265; Century 21 Award-Tem Redhawk, Ralph Bowser, DRE #02024015

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LISTING UPDATED: 06/30/2022 02:46 AM

Property Details for 2547 3rd Street

StatusClosed
MLS #SW21130322
Days on Market345
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1904
Lot Size0.23 AC / 10,092 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Award-Tem Redhawk, Heidi Bowser, DRE #01902265

Sold By Century 21 Award-Tem Redhawk, Heidi Bowser, DRE #01902265; Century 21 Award-Tem Redhawk, Ralph Bowser, DRE #02024015

Add your commute

Building Information for 2547 3rd Street

Stories1Residences-Year Built1904Building Size-Lot Size0.23 AC / 10,092 SF

Payment Calculator

$15,257 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

$2,432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2547 3rd Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $36,251
  • Gross Scheduled Income: $36,251
  • Net Operating Income: $28,659
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $7,592
  • Insurance Expense: $2,100
  • Trash Expense: $3,108
  • Water Sewer Expense: $3,275
  • Total Expenses: $8,483
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 7021
  • Tax Census Tract: 7021.02
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Fishing
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Value In Land
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,163
  • Unit Type Total Rent: $1,163
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $639
  • Unit Type Total Rent: $639
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,219
  • Unit Type Total Rent: $1,219
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2547 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2547 3rd Street

Taxable ValueLand$1,677,900Additions$719,100Total$2,397,000
Tax Record2023$29,187 ($2,432 / month)
Home Facts
Total Finished SqFt3,164 SqFtAbove Grade Finished SqFt3,164 SqFtLot Size10,092 SqFtStyleQuadraplexYear Built1904ZoningSMOP2*CountyLOS ANGELESAPN4287-011-017

Schools near 2547 3rd Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
John Muir Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Award-Tem Redhawk, Heidi Bowser, DRE #01902265

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.