1868 10th St

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Address: 1868 10th St, Santa Monica, CA 90404, USA
Created date: May 23, 2024
Date last updated: May 23, 2024

Property Description

Just reduced by $500k. Large two story, six units BUILDING, well maintained, with tremendous cash flow , 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine street restaurants & shops. The property includes 2( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have inside owner's stackable washer & dryer and A/C- wall units. The building features an additional community laundry room. 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully tenant occupied. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit well below market rent/ major future rent increase potential. Rent roll and estimated financial sheet is in attached MLS documents. Space to Potentially build ADUS and increase the property cash flow in the rear of the property. MAKE AN OFFER OR CALL AGENT FOR MORE INFO.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $3,499,000
No. of Units: 6
Year Built: 1959
Lot Size: 6,004.00 Sq ft
Opportunity Zone: No
Price per unit: $583,167
Property Website Click Here
Number of Bedrooms: 14
Number of Bathrooms: 0
Address: 1868 10th St, Santa Monica, CA 90404, USA
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