3040 Exposition Boulevard

Santa Monica, CA 90404

$1,600,000
Last Sold Price
4
Beds
4
Baths
2,340 Sq. Ft.
$684 / Sq. Ft.
2,340
Sq. Ft.
$684
per Sq. Ft.

Description

Excellent investment opportunity four-unit building in Santa Monica. 1 unit vacant, perfect for owner user or to establish market rent. All four units are 1 bed + 1 bath floorplan, two units on the ground level and two on the second level. Building features on site laundry, outdoor common space and two 2 car garages that are accessible from the alley and ample street parking. Outstanding location near 10 fwy and 405 fwy, two Expo Stations (Bundy & Bergamot), Bergamot Station Art Gallery, Ishihara...Excellent investment opportunity four-unit building in Santa Monica. 1 unit vacant, perfect for owner user or to establish market rent. All four units are 1 bed + 1 bath floorplan, two units on the ground level and two on the second level. Building features on site laundry, outdoor common space and two 2 car garages that are accessible from the alley and ample street parking. Outstanding location near 10 fwy and 405 fwy, two Expo Stations (Bundy & Bergamot), Bergamot Station Art Gallery, Ishihara & Gandara Parks, Corporate Offices: Riot Games, etc and the trendiest shops and restaurants! Please do not disturb tenants.

Listing Agent

  1. Julia McKinney

    Julia McKinney

    Listing Agent

    Compass

    DRE #02081636

Property Details for 3040 Exposition Boulevard

Zoning
SMR2*
Parcel Number
4268023008
Total Units
4.0
Living Area
2340
Source Living Area
Assessor
Area
Santa Monica (C14)
Vacancy Rate
none
Lot Size Area
5006

Location

Listing Courtesy of Compass, Julia McKinney, DRE #02081636

Sold By Industry Partners, Daniel Pickart, DRE #01914551

Add your commute
LISTING UPDATED: 08/20/2023 11:28 AM

Property Details for 3040 Exposition Boulevard

StatusSold
MLS #23-275035
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.11 AC / 5,006 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Julia McKinney, DRE #02081636

Sold By Industry Partners, Daniel Pickart, DRE #01914551

Add your commute

Virtual Tour

Building Information for 3040 Exposition Boulevard

Stories2Residences-Year Built1959Building Size-Lot Size0.11 AC / 5,006 SF

Payment Calculator

$10,073 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,341

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3040 Exposition Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: .
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $67,320
  • Net Operating Income: $41,047.00
  • Gross Income: $2,600
  • Gross Rent Multiplier: $25.49
  • Actual Annual Gross Rent: $64,732.00
  • Garage Income: $2,500
  • Laundry Income: $100
  • Total Annual Expense: 23685.00
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1149
  • Lot Size Square Feet: 5006
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached, On street
  • Total Parking: 4
  • Covered Parking: 4
  • Garage Spaces Total: 4
  • Parking Features: Street
  • Attached Garage: No
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Cooling Type: Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-01-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $520.50
  • Unit Actual Rent: $520.50
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $823.00
  • Unit Actual Rent: $823.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,492.50
  • Unit Actual Rent: $1,492.50
  • Unit Projected Rent: $2,500.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $226,002.00
  • Assessed Improvement Percent: 17.7
  • Assessed Land Value: $1,051,178.00
  • Assessed Land Percent: 82.3
  • Assessed Total Value: $1,277,180.00

Property History for 3040 Exposition Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3040 Exposition Boulevard

Taxable ValueLand$1,072,201Additions$230,522Total$1,302,723
Tax Record2023$16,092 ($1,341 / month)
Home Facts
Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtLot Size5,006 SqFtStyleQuadraplexYear Built1959ZoningSMR2*CountyLOS ANGELESAPN4268-023-008

Schools near 3040 Exposition Boulevard

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 - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

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 Compass, Julia McKinney, DRE #02081636

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.