Description:

Lambert Investments, Inc. introduces this private bungalow enclave and compound with no detail overlooked. Property was taken down to studs and fully rebuilt. Most units have never been occupied. Recent Multi-Million Dollar remodel by award-winning architect/contractor Marmol-Radziner, the property includes 11 charming single-level residences situated at 2403 - 2409 Centinela Avenue in Santa Monica. Seller will carry 50%. 4% interest-only in year 1. 4% interest-only in year 2 with 1 point added at the end of year 2. Total payoff 1 year: $2,375,000. Total payoff 2 years: $2,398,750 (Loan amount + 1 point). Unit mix: one two-bedroom unit, six one-bedroom units and four singles. All with kitchens and high-end appliances, including Mini Split Heating/AC Units and washer/dryers! These homes showcase modern stainless steel kitchen appliances and elegant wood flooring, as well as energy-efficient dual pane windows for sound suppression. Each residence includes allocated parking for one vehicle, including seven garages, new automatic garage doors plus 5 parking spaces. The lush landscaping of the communal areas is meticulously kept and includes beautiful sycamores, enhancing the overall appeal. Please do not curb appraise. The neighborhood of Sunset Park, a family-friendly suburb, offers an appealing locale with picturesque scenery. This neighborhood is known for its excellent educational institutions located in the Santa Monica-Malibu School District and Santa Monica College. Convenient amenities including the Santa Monica Airport, shopping, and specialty markets. The area boasts sandy coastlines, exceptional shopping, and scenic oceanfront walkways, making it an inviting place to explore. Sunset Park’s community spaces include Clover Park, where you’ll find almost 18 acres of recreational facilities such as ball fields, tennis courts, and numerous delightful dining options for breakfast, lunch, and dinner. Strategically located, these residences provide convenient access to Santa Monica, Westwood, Century City, and Culver City, along with easy reach to the Metro for seamless exploration of all that Los Angeles has to offer.