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1518-1522 Euclid St
Santa Monica, CA 90404
Multifamily Property For Sale
·
20 Units
Investment Highlights
- First time on the market ever as the current ownership’s family developed the property in 1970
- Additional passive income generated from Laundry
- Strong in-place cash flow with ~50% upside in rents
- 48 Subterranean parking with 3 currently vacant garages for additional income
- One (1) 2+2 unit to be delivered vacant at close of escrow
Property Facts
| No. Units | 20 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 21,588 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | ||
| Zoning | SMR3* | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 21,588 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | SMR3* |
Amenities
Unit Amenities
- Air Conditioning
- Oven
- Tub/Shower
- Carpet
- Grill
Site Amenities
- Grill
- Recycling
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
Property Taxes
| Parcel Number | 4282-032-031 | Improvements Assessment | $1,320,000 |
| Land Assessment | $5,272,000 | Total Assessment | $6,592,000 |
Property Taxes
Parcel Number
4282-032-031
Land Assessment
$5,272,000
Improvements Assessment
$1,320,000
Total Assessment
$6,592,000
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