1824 10th ST, Santa Monica, CA 90404 - MLS#25612851

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,700,000

Est. payment | -/mo

5 Beds

7 Baths

3,225 SqFt

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$ 2,700,000

Est. payment | -/mo

Save

5 Beds

7 Baths

3,225 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,225 sqft

Price per Sqft $837

MLS Listing ID 25612851

Bedrooms 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1952

Lot Size 7,496 Sqft

Property Description

5 LARGE & PRIVATE OUTDOOR SPACES with LOTS OF LIGHT make this a Gem for owners and renters alike. In a sea of box like rental units the discerning buyer and renter will choose this property every time!... Newly offered at a 5.5% Cap rate and 12.88GRM, this turn-key 6-unit is an exceptional value for the investor that wants a stand out product in a desirable market. Expertly managed and maintained inside and out with upgraded interiors and curated exteriors; the current owners have ensured ease of ownership. A fully permitted ADU has been added to the property so to further capture high area rents. This is a most attractive asset for todays post Covid renters who are willing to pay a premium for modern conveniences with quiet, private and light filled outdoor space. Due to its unique appeal this property should continue to provide stable returns for its lucky new owner!!!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s)

Heating Electric

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Oven, Range, Refrigerator, Range Hood, Dryer, Washer

Exterior

Parking Features Assigned, Driveway, Permit Required, Shared Driveway

View Y/N No

View None

Porch Deck

Total Parking Spaces 5

Building

Faces East

Story 2

Entry Level One

Architectural Style Cottage

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4283022006

Special Listing Condition Standard

Listed by Christopher Newell Berkshire Hathaway HomeServices California Properties

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1824 10th ST Santa Monica, CA 90404