CA > Santa Monica
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
Santa Monica, CA 90405,443 Bay ST
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Louis DiGonzini

Louis DiGonzini

DiGonzini Group at Keller Williams

+1(949) 922-8420
$ 2,875,000
Est. payment | /mo

13 Beds

8 Baths

5,532 SqFt

Save
$ 2,875,000
Est. payment | /mo
Save

13 Beds

8 Baths

5,532 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,532 sqft

Price per Sqft $519

MLS Listing ID 25514273

Bedrooms 13

HOA Y/N No

Year Built 1971

Lot Size 5,749 Sqft

Property Description

We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor or owner user (there is a very large, luxuriously updated 3 bedroom unit), the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units) and central HVAC (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main Street, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 443 Bay Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Attached Carport, Assigned

Attached Garage Yes

Total Parking Spaces 10

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4289011027

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 922-8420

ldigonzini@thedigonzinigroup.com

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443 Bay ST