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Listed by Bruce Kusada • Capital RE Group
$ 2,225,000
Est. payment /mo
Active
1523 18th St Santa Monica, CA 90404
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,238 sqft
Price per Sqft $424
MLS Listing ID CRSB24030349
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1976
Lot Size 7,500 Sqft
Property Sub-Type Other
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
Interior
Heating Wall Furnace
Cooling None
Flooring Wood, See Remarks
Fireplace No
Laundry Other
Exterior
View None
Handicap Access See Remarks
Building
Lot Description Level, Other, Front Yard
Water Public
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