1868 10th Street, Santa Monica
Santa Monica Home For Sale
ONLY 10 BLOCKS FROM THE BEACH!!, SOUTH OF MICHIGAN ST , WEST OF 11 TH ST , EAST OF LINCOLN BLVD, Remarks : ONE FRONT UNIT 3+2 + YARD POSSIBLY DELIVERED VACANT AT COE. LARGE, spacious units in a two story building. Hard to find, 6 well maintained units with tremendous cash flow . ONLY 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine (MAIN) street restaurants & shops. The property consists of 2 ( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have stackable washer & dryer inside PLUS A/C- wall units. The building features a community laundry room for tenant's convenience ( see additional income in attached docs) . 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully occupied, with stable tenants paying on time. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit with well below market rent provides tremendous opportunity for major future rent and gross income increase . Rent roll and estimated financial sheet is in attached MLS documents. All this and there's Space in the rear of the property for Potential ADU build out to increase the property value and cash flow even more !!
Property Details
Additional Information
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- City:
- Santa Monica
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- County:
- Los Angeles
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- Zip:
- 90404
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- MLS® #:
- 24369337
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- Bedrooms:
- 12
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- Bathrooms:
- 7
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- Square Ft:
- 6,004
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- Lot Size:
- 0.17
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- Levels:
- Two, Multi/Split
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- HOA Dues:
- $
Price Change History for 1868 10th Street, Santa Monica, (MLS® #24369337)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $3,299,000 | $200,000 (5.72%) | |
| Price Reduced | $3,499,000 | $196,000 (5.30%) | |
| Price Reduced (from $3,995,000) | $3,695,000 | $300,000 (7.51%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 10th, 2024 at 1:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.