$3,299,000
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1868 10th Street Santa Monica, CA 90404
Cluster
Residence
14
Beds
8
Baths
...
Bed/Bath
6,004
Sq. Ft.
Property Activity
Time on Site
days
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ONLY 10 BLOCKS FROM THE BEACH!!, SOUTH OF MICHIGAN ST , WEST OF 11 TH ST , EAST OF LINCOLN BLVD, Remarks : ONE FRONT UNIT 3+2 + YARD POSSIBLY DELIVERED VACANT AT COE. LARGE, spacious units in a two story building. Hard to find, 6 well maintained units with tremendous cash flow . ONLY 10 blocks fr...om Santa Monica Beach& Pier, 3rd St promenade and Maine (MAIN) street restaurants & shops. The property consists of 2 ( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have stackable washer & dryer inside PLUS A/C- wall units. The building features a community laundry room for tenant's convenience ( see additional income in attached docs) . 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully occupied, with stable tenants paying on time. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit with well below market rent provides tremendous opportunity for major future rent and gross income increase . Rent roll and estimated financial sheet is in attached MLS documents. All this and there's Space in the rear of the property for Potential ADU build out to increase the property value and cash flow even more !!
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MLS#
24369337
Property Type
Cluster
Bedrooms
14
Bathrooms
Year Built
1959
Square Feet
6,004
sq. ft
Lot Size
0.17
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