23
See all 23 photos
$2,225,000
Est. payment /mo
6 Beds
4 Baths
Active Under Contract
1523 18th St Santa Monica, CA 90404
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB24030349
Bedrooms 6
Lot Dimensions 50x150
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction 1 1/2 blocks south of Santa Monica Bl, west of 20th Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4725013025
Listed by Bruce Kusada Capital RE Group