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$ 2,225,000
Est. payment /mo
Active
1523 18th St Santa Monica, CA 90404
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24030349
Style Other
Originating Board California Regional MLS
Year Built 1976
Lot Size 7,500 Sqft
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
Area C14 - Santa Monica
Rooms
Kitchen Garbage Disposal, Microwave, Oven Range - Gas, Oven Range, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Other
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Carport , Covered Parking, Garage, Gate / Door Opener
Garage Spaces 9.0
Pool None
View None
Building
Lot Description Grade - Level
Water District - Public
Architectural Style Other
Others
Tax ID 4725013025
Special Listing Condition Not Applicable
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Listed by Bruce Kusada • Capital RE Group