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1547 Euclid St 9 Unit Apartment Building $2,430,000 ($270,000/Unit) 4.79% Cap Rate Santa Monica, CA 90404
EXECUTIVE SUMMARY
This is a probate sale, subject to court confirmation. The court sale will be held at 111 N. Hill Street. Dept 62 Los Angeles, Ca. at 8:30am
Discover an incredible investment opportunity at 1547 Euclid Street in Santa Monica, CA. This well-maintained property boasts 9 units, including a large three-bedroom, two-bathroom unit, a two-bedroom, one-and-a-half bathroom unit, and seven one-bedroom, one-bathroom units. Located in a desirable area of Santa Monica, this property features a laundry room, three garages, and four parking stalls. With proximity to transportation, shopping, and just 13 blocks from the pier and ocean, this is an ideal location for tenants. Four units will be vacant, offering immediate potential for growth and a perfect opportunity for a 1031 deferred exchange or probate investment. The building's exceptional upside, prime location just 13 blocks from the beach and pier, and strong investment return analysis make Middleton Estates a must-see property for savvy investors. Contact Michael Johnson for more information! (310) 968-6583
Discover an incredible investment opportunity at 1547 Euclid Street in Santa Monica, CA. This well-maintained property boasts 9 units, including a large three-bedroom, two-bathroom unit, a two-bedroom, one-and-a-half bathroom unit, and seven one-bedroom, one-bathroom units. Located in a desirable area of Santa Monica, this property features a laundry room, three garages, and four parking stalls. With proximity to transportation, shopping, and just 13 blocks from the pier and ocean, this is an ideal location for tenants. Four units will be vacant, offering immediate potential for growth and a perfect opportunity for a 1031 deferred exchange or probate investment. The building's exceptional upside, prime location just 13 blocks from the beach and pier, and strong investment return analysis make Middleton Estates a must-see property for savvy investors. Contact Michael Johnson for more information! (310) 968-6583
PROPERTY FACTS
| Price | $2,430,000 | Apartment Style | Low-Rise |
| Price Per Unit | $270,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.79% | Building Size | 7,336 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 0.81/1,000 SF |
| Zoning | SMM1* | ||
| Price | $2,430,000 |
| Price Per Unit | $270,000 |
| Sale Type | Investment |
| Cap Rate | 4.79% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,336 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | SMM1* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1.5 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 4282-033-014 | Improvements Assessment | $586,215 |
| Land Assessment | $893,525 | Total Assessment | $1,479,740 |
PROPERTY TAXES
Parcel Number
4282-033-014
Land Assessment
$893,525
Improvements Assessment
$586,215
Total Assessment
$1,479,740
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1547 Euclid St
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