This Multifamily Property is no longer advertised on LoopNet.com.

848 18th St
Santa Monica, CA 90403
Multifamily Property For Sale · 7 Units

Investment Highlights

  • 4.99% in-place Cap Rate
  • Copper plumbing | New Roof (2018)
  • Newly Gated | New Water Heater
  • 4 of the units are beautifully upgraded with in-unit washers/dryers
  • Upgraded Electrical | Parking with Electrical Chargers
  • Potential to add an ADU with plans ready to submit

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 9,318 SF
Average Occupancy 100%
No. Stories 3
Year Built 1962
Parking Ratio 0.97/1,000 SF
Zoning SMR2* - Multiple Dwelling

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer
  • Granite Countertops
  • Island Kitchen
  • Patio

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities

Property Taxes

Property Taxes

Parcel Number
4277-008-010
Land Assessment
$3,825,000
Improvements Assessment
$1,020,000
Total Assessment
$4,845,000
  • Listing ID: 31292255

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 848 18th St, Santa Monica, CA 90403

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