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839 Grant St, Santa Monica, CA 90405

Sale Price: $2,095,000
Jun 18, 20243,084 sqft6 beds4 baths
Listed by: Ronald Goldhammer
License #: 01173657
Phone #: 310-927-5222
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 24405217

Property Description

Motivated Seller just reduced from $2,350,000 to $2,175,000 CAP RATE NOW is 5% Prime Santa Monica blocks from the beach...Charming Immaculate Pride of ownership 4 plex first time on market in 23 years. 2 / 2 Bed 1 bath & 2 / 1bed 1 bath. Buildings have been maintained with consistant attention to detail throughout the years...Including recent termite tenting 1/2023, sewer mainline connection, Copper re-pipe & Gas repipe. Includes a laundry room with seller owned new coin machines with annual income of approx. $2400. Great tenants...5 garages with one vacant/owner...potential to add second garage to make ADU..very easy management. Bread & Butter building with very low maintenance. 5 garages....1 garage come vacant w/estimated income of $400 which would change CAP RATE to 5.22
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$28,557

TurboHome Estimated Value

$2,039,400

$661 sqft

High Valuation
$2,141,370
$694/sqft
Normal Valuation
$2,039,400
$661/sqft
Low Valuation
$1,937,430
$628/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$661/sqft$2,039,400

Neighborhood

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Comparative Value

$1.55M

$2.05M

$2.10M

$2.17M

$2.22M

$2.25M

1856 9th St, Santa Monica, CA 90404

Sale Price: $1,550,000

Selected Comparable

1027 12th St, Santa Monica, CA 90403

Sale Price: $2,050,000

Selected Comparable

839 Grant St, Santa Monica, CA 90405

Sale Price: $2,095,000

Selected Comparable

839 Grant St, Santa Monica, CA 90405

List Price: $2,175,000

Subject Property

205 5th Ave, Venice, CA 90291

Sale Price: $2,217,000

Selected Comparable

2702 17th St, Santa Monica, CA 90405

Sale Price: $2,250,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
839 Grant St, Santa Monica, CA 90405

839 Grant St, Santa Monica, CA 90405

List: $2,175,000

Listed: 6/18/2024

Area:3,084 sqft
Price/sqft:$705
Beds:6
Baths:4
Year Built:
Lot Size:6,492

Comparable Properties

COMPARABLE
Choose comps
839 Grant St, Santa Monica, CA 90405

839 Grant St, Santa Monica, CA 90405

Sale: $2,095,000

10/23/20240.00 mi

Area:3,084 sqft
Price/sqft:$679
Beds:6
Baths:4
Year Built:
Weight:25.3%
1856 9th St, Santa Monica, CA 90404

1856 9th St, Santa Monica, CA 90404

Sale: $1,550,000

2/14/20250.17 mi

Area:2,568 sqft
Price/sqft:$604
Beds:6
Baths:4
Year Built:
Weight:22.7%
1027 12th St, Santa Monica, CA 90403

1027 12th St, Santa Monica, CA 90403

Sale: $2,050,000

7/9/20251.31 mi

Area:3,095 sqft
Price/sqft:$662
Beds:5
Baths:5
Year Built:
Weight:17.8%
205 5th Ave, Venice, CA 90291

205 5th Ave, Venice, CA 90291

Sale: $2,217,000

1/13/20250.90 mi

Area:2,743 sqft
Price/sqft:$808
Beds:5
Baths:4
Year Built:
Weight:17.4%
2702 17th St, Santa Monica, CA 90405

2702 17th St, Santa Monica, CA 90405

Sale: $2,250,000

9/27/20240.82 mi

Area:2,670 sqft
Price/sqft:$843
Beds:5
Baths:4
Year Built:
Weight:16.7%

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