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Listing Details

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School Ratings & Info

Description

We are pleased to present The Idaho Bungalows. Located in the highly desirable, prime Wilshire/Montana neighborhood of Santa Monica, The Idaho Bungalows is just one block S of Montana Avenue & only 5 blocks from Ocean Avenue. The subject property offers a strategic, walk anywhere location, mere steps to Montana Avenue, Wilshire Blvd & 3rd Street Promenade shops & restaurants. The Idaho Bungalows are situated on a quiet, tree lined street & consist of six charming Junior One Bedroom, One Bathroom Casitas, each of which are individually metered for gas & electricity & have individual water heaters. Each residence features a service porch with a rare entrance with the potential to add washer & dryers. The astute investor will quickly recognize that The Idaho Bungalows provides its residents with a platinum, walk anywhere location in one of the most sought after neighborhoods in the world. This is a unique opportunity to own a charming, Wilshire/Montana, Santa Monica asset only five short blocks from the Ocean Avenue cliffs. Santa Monica is known for its superior climate, great night life, beaches, cultural diversity, & walkability. *The subject property has a historic classification with the City of Santa Monica, and therefore is subject to a review as to whether or not it has any specific historic distinction. Buyer to rely on their own investigation. Seller would consider a carry back loan, call listing agent to discuss.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T06:43:23.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/118687296
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522 Idaho Ave Santa Monica, CA 90403

  • Price: $2,675,000
  • Status: Active
  • Updated: 42 min ago
  • MLS #: 21-752544
6
Beds
0
Baths
0
½ Baths
0.17
Acres
3,360
SQFT
$796
$/SQFT
1922
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
We are pleased to present The Idaho Bungalows. Located in the highly desirable, prime Wilshire/Montana neighborhood of Santa Monica, The Idaho Bungalows is just one block S of Montana Avenue & only 5 blocks from Ocean Avenue. The subject property offers a strategic, walk anywhere location, mere steps to Montana Avenue, Wilshire Blvd & 3rd Street Promenade shops & restaurants. The Idaho Bungalows are situated on a quiet, tree lined street & consist of six charming Junior One Bedroom, One Bathroom Casitas, each of which are individually metered for gas & electricity & have individual water heaters. Each residence features a service porch with a rare entrance with the potential to add washer & dryers. The astute investor will quickly recognize that The Idaho Bungalows provides its residents with a platinum, walk anywhere location in one of the most sought after neighborhoods in the world. This is a unique opportunity to own a charming, Wilshire/Montana, Santa Monica asset only five short blocks from the Ocean Avenue cliffs. Santa Monica is known for its superior climate, great night life, beaches, cultural diversity, & walkability. *The subject property has a historic classification with the City of Santa Monica, and therefore is subject to a review as to whether or not it has any specific historic distinction. Buyer to rely on their own investigation. Seller would consider a carry back loan, call listing agent to discuss.
Exterior Features

Lot Size Area 7480 Other Structures None Parking Garage None Style Bungalow Total Parking 0

Interior Features

Baths Total 6.00 Cooling Ceiling Fan Equipment Ceiling FanRange/OvenRefrigerator Heating Wall

Property Features

Assessed Total Value 2496959 Gross Income 119100 Gross Operating Income 115527 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 66726.00 Number Of Buildings 3 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 48801 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Smr2*

Listing provided courtesy of Glenn Brander DRE#01020228 of Miller & Desatnik Realty Co..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T06:43:23.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211