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    1015 18TH Street

    Santa Monica, CA 90403
    • $4,300,000
    • STATUS: Active
    • ON SITE: 366 days
    • ID#: 20578542
    UPDATED: 207 min ago
    $4,300,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,998
      SQFT
    • $478
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    Don't miss out on the rare opportunity to acquire this unique six-unit building located in a prime area in Santa Monica, on a lush and peaceful street north of Wilshire Blvd. Luxurious and huge units, much larger than the normal sized SM apartment. These are units of which family compounds are made. The Spanish-inspired exterior highlights classic features, including a red tile roof, rod iron details, custom sconces, and drought-friendly landscaping. The property is being delivered with a huge front three-level vacant unit (3 BD/2 BA) which the buyer can bring to market rent with all the huge upside. Two of the 2 BD / 2 BA have been completely remodeled including new floors, new countertops stainless steel appliances, a four-burner gas range, subway tiles in the bathrooms, and large mirrored closets.The three-level front unit would be ideal for an owner occupancy, featuring three bedrooms, two and a half bathrooms, and a two-car garage with driveway.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T00:32:03.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/105855961
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    1015 18TH Street Santa Monica, CA 90403

    • Price: $4,300,000
    • Status: Active
    • Updated: 207 min ago
    • ID#: 20578542
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,998
    SQFT
    $478
    $/SQFT
    1968
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Don't miss out on the rare opportunity to acquire this unique six-unit building located in a prime area in Santa Monica, on a lush and peaceful street north of Wilshire Blvd. Luxurious and huge units, much larger than the normal sized SM apartment. These are units of which family compounds are made. The Spanish-inspired exterior highlights classic features, including a red tile roof, rod iron details, custom sconces, and drought-friendly landscaping. The property is being delivered with a huge front three-level vacant unit (3 BD/2 BA) which the buyer can bring to market rent with all the huge upside. Two of the 2 BD / 2 BA have been completely remodeled including new floors, new countertops stainless steel appliances, a four-burner gas range, subway tiles in the bathrooms, and large mirrored closets.The three-level front unit would be ideal for an owner occupancy, featuring three bedrooms, two and a half bathrooms, and a two-car garage with driveway.
    Exterior Features

    Parking Features Door-MultiGarageOne Space

    Interior Features

    Appliances DishwasherRefrigerator Cooling None Cooling YN No

    Property Features

    Disclosures Rent Control Garage YN Yes Gross Income 280176 Insurance Expense 6567 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 7622 Net Operating Income 183994 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Water Sewer Expense 6203 Zoning Smr2*

    Listing provided courtesy of Vanessa Pineda of La's Best Property Management, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T00:32:03.42. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
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