Active

1523 18th St

Santa Monica CA, 90404

$2,225,000


$424.78 per sqft

Active

5,238 sqft

Condos

Built in 1976

Listed by Bruce Kusada with Capital RE Group 310-717-9405

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62.

Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite.

Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair,

Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals.

Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

SB24030349

MLS ID

May 6, 2024

Listed

December 5, 2024

Updated

Map

1523 18th St
Santa Monica CA, 90404

Interior Features

Total Stories

2


Interior Features

High Ceilings, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)


Appliances

Electric Range, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator


Laundry Description

Common Area


Floor Description

See Remarks, Wood


Fireplace

Yes


Fireplace Description

Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Front Yard, Landscaped, Level, Near Public Transit, Street Level


Architectual Style

See Remarks


Sewer

Public Sewer

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

212


Garage

Yes


Garage Spaces

9


Parking

Covered, Carport, Garage Faces Front, Garage, Gated


Parking Total

9


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

SMR2

Listing History

Date

Event

Price

8/7/2024

Price change

$2,225,000

-11%

Listing Contact: 310-717-7405 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 12/5/2024 at 4:24 AM UTC

 

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