Santa Monica, CA 90404,1868 10th ST
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Santa Monica, CA 90404,1868 10th ST
Santa Monica, CA 90404,1868 10th ST
Santa Monica, CA 90404,1868 10th ST
Santa Monica, CA 90404,1868 10th ST

$3,215,000

Est. payment /mo

$3,299,000

2.5%
Est.Price: ?

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1868 10th ST Santa Monica, CA 90404

14 Beds

8 Baths

6,004 SqFt

SOLD DATE : 08/14/2024

Key Details

Sold Price $3,215,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,004 sqft

Price per Sqft $535

MLS Listing ID 24369337

Sold Date 08/14/24

Bedrooms 14

HOA Y/N No

Year Built 1959

Lot Size 7,492 Sqft

Acres 0.172

Property Description

ONLY 10 BLOCKS FROM THE BEACH!!, SOUTH OF MICHIGAN ST , WEST OF 11 TH ST , EAST OF LINCOLN BLVD, Remarks : ONE FRONT UNIT #1 (3+2 + private yard ) currently vacant. 6 Large spacious units in a two story building, well maintained with tremendous cash flow . ONLY 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine (MAIN) street restaurants & shops. The property consists of 2 ( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have stackable washer & dryer inside PLUS A/C- wall units. The building features a community laundry room for tenant's convenience ( see additional income in attached docs) . 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully occupied, with stable tenants paying on time. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit with well below market rent provides tremendous opportunity for major future rent and gross income increase . Rent roll and estimated financial sheet is in attached MLS documents. All this and there's Space in the rear of the property for Potential ADU build out to increase the property value and cash flow even more !!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Interior Features Ceiling Fan(s), Multiple Staircases

Heating Wall Furnace

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Garage Assigned, Detached Carport, Driveway Down Slope From Street

Carport Spaces 5

Pool None

Parking Type Assigned, Detached Carport, Driveway Down Slope From Street

Attached Garage No

Total Parking Spaces 9

Private Pool No

Building

Entry Level Two,Multi/Split

Level or Stories Two, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4283022014

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Marc Chorin • Rodeo Realty - Pacific Palisades
Bought with Anita Chen • Rodeo Realty - Pacific Palisades

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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