Active

1868 10th Street

Santa Monica CA, 90404

$3,499,000


$582.78 per sqft

Active

14 Beds

8 Baths

6,004 sqft

Residential

Built in 1959

Listed by Marc Chorin with Rodeo Realty - Pacific Palisades 310-566-4400

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.

24369337

MLS ID

March 14, 2024

Listed

May 3, 2024

Updated

Map

1868 10th Street
Santa Monica CA, 90404

Interior Features

Total Stories

2


Bedrooms

14


Total Bathrooms

8


Interior Features

Ceiling Fan(s), Multiple Staircases


Appliances

Dishwasher, Refrigerator, Dryer, Washer


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

50


Garage

No


Parking

Assigned, Detached Carport, Driveway Down Slope From Street


Parking Total

9


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

SMR2*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/3/2024

Price Change

$3,499,000

-6%

4/3/2024

Price Change

$3,695,000

-8%

Listing Contact: 310-566-4400 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/3/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/3/2024 at 11:38 PM UTC

 

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