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$2,225,000

Est. payment - /mo

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7,500 Sqft Lot

Active

1523 18th St Santa Monica, CA 90404

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Xavier Williams

[email protected] +1(408) 774-4300

UPDATED:

10/26/2024 12:01 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB24030349

Style Other

Originating Board California Regional MLS

Year Built 1976

Lot Size 7,500 Sqft

Property Description

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Rooms

Kitchen Garbage Disposal, Microwave, Oven Range - Gas, Oven Range, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Other

Laundry Laundry Area, Washer/Dryer - Leased

Exterior

Parking Features Carport , Covered Parking, Garage, Gate / Door Opener

Garage Spaces 9.0

Pool None

View None

Building

Lot Description Grade - Level

Water District - Public

Architectural Style Other

Others

Tax ID 4725013025

Special Listing Condition Not Applicable

Listed by Bruce Kusada • Capital RE Group

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "

+1(408) 774-4300

[email protected]

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA