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     For additional information, contact Wolf Baschung, Ccim, Cpm Phone: (213) 927-2113
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, Santa Monica, CA 90404
Listing# 17229028
 
 
 
 
Price: $9,300,000
Sq. Feet: 14698
Type: Residential Income
County: Los Angeles
 
 
 
 
    Photo of home for sale at EUCLID Street, Santa Monica CA
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Remarks
 
 
 
 
We are proud to present a rare opportunity to acquire (2) two side by side (11) unit apartment complexes in beautiful Santa Monica located at 1433 & 1437 Euclid Street. The properties sit on an expansive 15, 017 sq ft double lot, and consists of eighteen (18) 1+1 units, two (2) 2+1 units and two (2) 2+2 units. Centered in a prime location within Santa Monica just south of Santa Monica Blvd, and less than 2 miles from the attractions of the Santa Monica Pier, Third Street Promenade, Santa Monica Place, and bright sandy Santa Monica Beaches. Current owner has recently upgraded the laundry room in addition to being in process of upgrading the electrical systems! Enjoy the strongest rental upside in the Los Angeles market by increasing rents significantly upon future vacancies. These gems will surely be the high point in any investor's portfolio producing stable income for years to come!

 
 
 
 
OVERVIEW:
 
 
 
 
Original MLS:17-229028:CLAW
Property Type:Residential Income
Listing Status:Active
Area Name:Santa Monica
Year Built:1962
Square Feet:14698
Parking Type:Assigned, Carport Attached, Other
Garage Spaces:22
Heat Type:Other
Cooling Type:Air Conditioning, Other
 
 
 
 
FEATURES:
 
 
 
 
Interior Features:Other
Appliances:Garbage Disposal
 
 
 
 
ROOM INFO:
 
 
 
 
Laundry:Laundry Area, Individual Room
 
 
 
 
ROOM SIZES:
 
 
 
 
RoomDescription
Laundry RoomLaundry Area, Individual Room
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$9,300,000
Annual Insurance:$5,879
Annual Maintenance:$17,519
Annual Management Fees:$13,626
Gross Operating Income:$377,631
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Broker Reciprocity Courtesy of Benjamin J. Hsiang - Remax Commercial And Investment Realty

 

 

The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

 

CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 08/22/2017


Call For an Appointment: 213-927-2113