1433 EUCLID Street Santa Monica, CA 90404

0 Bedroom,

  • Residential Income
MLS: #17229028
$9,300,000
COMMENTS
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!

Property Features

  • Price per Sqft: $633
  • Year Built: 1962
  • Stories: 2
  • Lot Size: 15,017 SqFt
  • Acreage: 0.34
  • Parking Type: Assigned, Carport Attached, Other
  • Other Appliances: Garbage Disposal
  • Lot Features: Sprinklers None
  • Total Floors in Building: 2
  • Dryer: 1
  • Cooling System: See Remarks
  • Gas: 1
  • County: Los Angeles
  • Area: C14 - Santa Monica
  • Existing Rent: $32,443

Location

Directions: The subject property is walking distance to public transportation (Expo Line Train Station/Big Blue Bus), and 2 and a half blocks to Wilshire Blvd. Its neighboring cities are Pacific Palisades, Brentwood, Venice, and West Los Angeles

Listing courtesy of Remax Commercial and Investmen
Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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