1417 17th St

1417 17th St, Santa Monica, CA 90404

  • For Sale $2,995,000
  • Property Type Multi-Family
  • Property Size 4,722 SF
  • Units 7
  • Lot Size 7,500 SF
  • Cap Rate % 4.93
  • Additional Rent Contact for pricing
  • Year Built 1940
  • Date Updated Jul 31, 2024

Kidder Mathews is pleased to present the opportunity to acquire, 1417 17th Street, an immaculate newly constructed home with 5 bedrooms and 4 baths located in the highly coveted city of Santa Monica, CA. In addition to the brand new modern-luxury home, this offering comes with a detached income producing 5-unit multifamily building situated on the back of the large 7,493 square foot lot. Rarely does this type of property become available in one of the most desirable neighborhoods in Southern California. This rare opportunity appeals to both investors and owner/users who are looking to acquire a one-of-a-kind asset in one of the most desirable neighborhoods in Los Angeles. The brand new, modern home is a striking two-story structure featuring designer finishes throughout. The expansive chef’s kitchen is equipped with Viking appliances, a large center island, Carrera countertops, and custom cabinetry. Additional features include hardwood flooring, a stackable washer and dryer, and central air conditioning and heat with separate controls for the first and second floor. Additionally, bathroom features include custom cabinetry, Carrera marble, modern fixtures, and mosaic tile finishes. The property also comes equipped with a camera system, intercom and app-controlled garage door access. In addition to the single-family home, situated at the back of this oversized, is a multifamily building with five 1 bedroom 1 bath units. One of the five units has been renovated with high-end finishes which include new stainless-steel appliances, laminate and tile flooring, new kitchen cabinets and tile backsplashes, new fixtures, new paint, new base moldings, and an in-unit washer/dryer. There is also a communal laundry area on-site for the remaining units, along with five assigned parking spaces. Apartment building upgrades include a new roof, new exterior paint and new landscaping. Through a complete interior renovation program, an investor will have the opportunity to capitalize on the remaining rental upside. The Property is located in prime Santa Monica, one of the most sought-after neighborhoods in California, known for its exceptional amenities and beautiful beaches. The Property is in an amenity rich location surrounded by countless restaurants, shops, entertainment venues, and outdoor activities. Additional nearby attractions include the world-famous Santa Monica Pier, the Third Street Promenade and beaches in Santa Monica, Venice and Malibu. The property also offers convenient access to major employment centers, public transit, and the I-10 and 405 Freeways. 1417 17th Street offers both investors and homeowners the rare opportunity to acquire a newly constructed modern-luxury home and five multifamily units with significant rental upside.

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Contacts

broker

Janet Neman Is this you?

Kidder Mathews

broker

Angelica Gotzev Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    90/100 Walker's Paradise
  • Transit Score ®

    69/100 Good Transit
  • Bike Score ®

    97/100 Biker's Paradise
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  • City Santa Monica, CA
  • Neighborhood Mid-City Santa Monica
  • Zip Code 90404
  • Market Los Angeles

Points of Interest

  • Westwood/Rancho Park

    3.38 miles

  • Upper Tram Station

    3.63 miles

  • Lower Tram Station

    4.26 miles

  • Palms

    4.47 miles

  • West CTA

    7.11 miles

  • Center CTA

    7.21 miles

  • Zone 23

    7.23 miles

  • Zone 22

    7.23 miles

  • Zone 21

    7.24 miles

  • Zone 5

    7.26 miles

  • Tesla Supercharger

    0.22 miles

  • Chevron

    0.27 miles

  • 76

    0.65 miles

  • Shell

    0.68 miles

  • Mobil

    0.72 miles

  • Tesla Destination Charger

    0.74 miles

  • World Oil

    0.86 miles

  • Sinclair

    0.86 miles

  • eVgo

    0.99 miles

  • FLO

    1.92 miles

  • 17th Street/SMC Metro Parking

    0.25 miles

  • SMC Performing Arts Center Parking

    0.52 miles

  • Parking Structure 4

    0.81 miles

  • Parking Structure 3

    0.88 miles

  • Parking Structure 5

    1.03 miles

  • Parking Structure 7

    1.05 miles

  • Parking Structure 1

    1.05 miles

  • Lot 5

    1.08 miles

  • Civic Center Parking

    1.11 miles

  • Parking Structure 8

    1.13 miles

  • Gateway Hotel Santa Monica

    0.19 miles

  • The Ambrose

    0.30 miles

  • American Motel

    0.71 miles

  • Proper

    0.81 miles

  • Palm Motel

    0.82 miles

  • Comfort Inn Santa Monica - West Los Angeles

    0.84 miles

  • Holiday Motel

    0.86 miles

  • Hampton Inn & Suites Santa Monica

    0.93 miles

  • Courtyard by Marriott Santa Monica

    0.97 miles

  • Days Inn

    0.98 miles

  • Taco Bell

    0.06 miles

  • Lee's

    0.07 miles

  • Chomp Juice Station

    0.07 miles

  • DK Donuts

    0.08 miles

  • 18th Street Cafe

    0.08 miles

  • Socalo

    0.19 miles

  • Bludso's BBQ

    0.27 miles

  • UCLA Hospital Cafeteria

    0.29 miles

  • Fromin's Deli

    0.30 miles

  • Emmy Squared Pizza

    0.31 miles

  • Carter Christian Education Center

    0.22 miles

  • Pacifica Christian High School

    0.27 miles

  • Crossroads Elementary School

    0.29 miles

  • Garfield School

    0.31 miles

  • Saint Anne School

    0.32 miles

  • Emperors College of Traditional Oriental Medicine

    0.33 miles

  • Peter Boxenbaum Arts Education Center

    0.42 miles

  • University of Santa Monica

    0.44 miles

  • Crossroads Middle and Upper School

    0.48 miles

  • McKinley Elementary School

    0.50 miles

  • Blue Oak

    0.10 miles

  • Beach Moms Child Development Center

    0.10 miles

  • Lighthouse Preschool

    0.25 miles

  • Kidz Korner

    0.66 miles

  • Bright Horizons

    0.67 miles

  • Evergreen Community School

    0.86 miles

  • Sunny Days Preschool

    1.13 miles

  • Santa Monica Early Childhood Lab School

    1.15 miles

  • Kigala Preschool

    1.20 miles

  • Big and Tiny

    1.29 miles

Frequently Asked Questions

How much does 1417 17th St cost?

The space currently listed for sale at 1417 17th St asks for $2,995,000.

What is the total square footage of 1417 17th St?

1417 17th St totals 4,722 square feet.

When was this property built?

1417 17th St was built in 1940.

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