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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

$2,675,000

Est. payment - /mo

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5 Beds

4,454 SqFt

Active

1332 10th ST Santa Monica, CA 90401

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Xavier Williams

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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,454 sqft

Price per Sqft $600

MLS Listing ID CRSB25072490

Bedrooms 5

Originating Board California Regional MLS

Year Built 1948

Lot Size 7,513 Sqft

Property Sub-Type Single Family Home

Property Description

** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. W

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR3*

Rooms

Family Room Other

Kitchen Dishwasher, Refrigerator

Interior

Cooling Other

Fireplaces Type Living Room, Other

Laundry Washer, Dryer

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool None

View Other

Building

Story Split Level

Water District - Public

Others

Tax ID 4282011008

Special Listing Condition Not Applicable

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+1(408) 774-4300

info@xavierwilliams.com

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