1518 10TH Street

    Santa Monica, CA 90401
    • $4,495,000
    • STATUS: Active
    • ON SITE: 116 days
    • ID#: 19447592
    UPDATED: 33 min ago
    $4,495,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,080
      SQFT
    • $446
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Well maintained 11 unit apt building consisting of 10,008 sq ft in the heart of Santa Monica's bustling community. Great mix, ample parking, 8 Subterranean parking in front along withe 10 tandem spaces in the rear off the alley. 10 Private balconies, and lots of storage. The Soft Story Retrofitting is in compliance with the ordinance and no further action is required. Building is very clean, and stairways have been resurfaced. For more information see Offering Memorandum.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-20T19:35:51.477. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.legacy15.com/homes/93023865

    1518 10TH Street Santa Monica, CA 90401

    • Price: $4,495,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 19447592
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    10,080
    SQFT
    $446
    $/SQFT
    1974
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Well maintained 11 unit apt building consisting of 10,008 sq ft in the heart of Santa Monica's bustling community. Great mix, ample parking, 8 Subterranean parking in front along withe 10 tandem spaces in the rear off the alley. 10 Private balconies, and lots of storage. The Soft Story Retrofitting is in compliance with the ordinance and no further action is required. Building is very clean, and stairways have been resurfaced. For more information see Offering Memorandum.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 3.60 Gross Multiplier 18.00 Gross Operating Income 249516.00 Improvements Amount 533266 Land Value 420997 Laundry YN Yes Net Operating Income 161722.00 Special Listing Conditions Standard Total Expenses 87794.00 Zoning Smr3*

    Listing provided courtesy of Francyne Lambert of Lambert Investments, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-20T19:35:51.477. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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