Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

3,186 sqft

Lot size

3,593 sqft

Year built

1923

Stories

3

Garage spaces

3

Style

Craftsman

Heating

Central

Cooling

Central Air

Pool

None

View

Ocean

Status

Active

Days on market

8

MLS #

247221228

About this property

In one of Santa Monica's most sought-after settings, this classic California Craftsman combines original architectural character, adaptable living spaces, and an established income-producing opportunity just moments from the beach. Currently operated as a successful vacation rental, the property presents a rare turnkey opportunity for a buyer looking to continue the current rental operation or create a versatile coastal retreat for extended family and guests. The compound encompasses five bedrooms, five bathrooms, three kitchens, and a detached ADU, creating a series of distinct, self-contained areas across the residence and grounds. The configuration lends itself to a range of uses, from multi-generational living and private guest accommodations to dedicated workspaces or continued rental use. The main residence preserves its Craftsman-era detailing, including original hardwood floors, a wood-burning fireplace, and period architectural elements that remain throughout the home. The kitchen is anchored by a pristine Gaffers & Sattler double oven with six burners, an exceptionally well-preserved piece of the home's original character. Upstairs, the main-house bedrooms frame ocean views, keeping the Pacific in constant view. Outside, a grassy yard is complemented by multiple areas for lounging, dining, and entertaining, ideal for enjoying Santa Monica's temperate coastal climate throughout the year. The street-to-alley parcel includes a spacious three-car garage, providing ample parking and storage while adding a layer of privacy to the property. From Ocean Avenue and Palisades Park to the Santa Monica Pier and the beach, the home is surrounded by acclaimed restaurants, oceanfront bike paths, walking trails, and shopping, with the Pacific Ocean just moments away. Property to be delivered 100% vacant.

Location

41 Vicente Terrace

Santa Monica, Los Angeles, CA, 90401