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$2,499,000
6 bed
6 bath
0 Sqft
6,612 Sqft lot

1024 18th Street, Santa Monica, California 90403

  • Residential Income Property Type
  • 17 Days Time on market
  • 1924 Year Built
Property Description

Welcome to your next investment opportunity in the heart of Santa Monica’s prestigious Wilshire Montana neighborhood! This meticulously maintained 5-unit property boasts a desirable unit mix, including four spacious 1-bedroom/1-bathroom apartments and a charming freestanding home with 2 bedrooms and 2 bathrooms. Investors will appreciate the convenience of four single-car garages dedicated to the 1-bedroom units, offering tenants coveted parking in this sought-after area. Each unit is equipped with separate meters, ensuring hassle-free management and maximizing efficiency for potential landlords. Generating additional income, the property features an onsite laundry area, further enhancing its appeal to savvy investors looking to optimize revenue streams. Situated on a nearly 7,000 square foot lot, with alley access, this property offers both space and convenience. Don’t miss out on this rare opportunity to own a prime multi-family property in one of Santa Monica’s most coveted neighborhoods. Seize the potential for steady cash flow and long-term appreciation in this thriving rental market. Take the next step towards building your investment portfolio with this exceptional property!

Basic Details
Residential Income
Buy
NP24046247
$2,499,000
6
6
0 Sqft
1924
6,612 Sqft
Activeundercontract
Apartment
Houses
Features
: Wall Furnace
: Seeremarks
: Park, Curbs, Suburban, Street Lights
4
$0
: Public Sewer
Address
CA
Los Angeles
Santa Monica
90403
1024 18th Street
1024
Street
0
W119° 30' 43.5''
N34° 1' 54.6''
Additional Information
17
1
2
2
: Two
1
: Common Area
4
3,641 Sqft
1
0 Sqft
0 Sqft
0.15 Sqft
6,612 Sqft
1
: 2+ Common Walls
0 Sqft
SMR2*
4277027017
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
17/04/2024 00:00:00
$0
: Standard
Cash,CashtoNewLoan,1031 Exchange
On the West side of 18th Street, one block North of Wilshire Blvd between California and Washington.
Destrahan
Harry Hurst
Coldwell Banker Realty
Blake Nelle
U6312
NP41838
$0
4
14
1
: Item25unitsacre
1
1
: Square Feet
: Community Apartment
1
1
2
5
5
5
5
1
9
165000
US-06037-N-4277027017-R-N
Apartment
09/04/2024 01:47:40
18th
C14 - Santa Monica
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