1868 10th Street
Santa Monica, CA 90404
- – beds
- – baths
- – sqft
- 7,493 sqft lot
- 1959 build
- – on site
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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 #1 (3+2 + private yard ) currently vacant. 6 Large spacious units in a two story building, well maintained with tremendous cash flow . ONLY 10 blocks from 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 !!
Listed By CRMLS_CA / Marc Chorin / Rodeo Realty - Pacific Palisades
Last checked:
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Last updated Aug 14, 2024
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MLS# 24369337 —
The Building
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Year Built:1959
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New Construction:No
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Building Area Total:6004.00
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Total Number Of Units:6
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# of Buildings:6
Interior
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Features:Ceiling Fan(s), 2 Staircases
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Levels:Multi/Split, Two
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Laundry:Washer Included, Dryer Included
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:SOUTH OF MICHIGAN ST , WEST OF 11 TH ST , EAST OF LINCOLN BLVD, 10 BLOCKS FROM THE BEACH
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Latitude:34.01375400
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Longitude:-118.48153400
The Property
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Property Type:Residential Income
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Zoning:SMR2*
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Lot Size Area:7493.0000
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Lot Size Acres:0.1720
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Lot Size SqFt:7493.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4283022014
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Dishwasher, Refrigerator
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Driveway Down Slope From Street, Detached Carport
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Parking Spaces:9.00
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Uncovered Spaces:4.00
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Carport Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/14/24
Aug 14, 2024
|
Sold | CRMLS_CA | $3,215,000 | -2.5% |
7/15/24
Jul 15, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $3,299,000 | |
6/18/24
Jun 18, 2024
|
Price Changed | CRMLS_CA | $3,299,000 | -5.7% |