1868 10th Street, Santa Monica

$3,695,000

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12 Beds
7 Baths
6,004 Sqft
.17 Acre
0 Garage

Invest in a large two story six units well maintained building, currently with tremendous cash flow , 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine street restaurants & shops. The property includes 2( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 of the units have inside owner's stackable washer & dryer and A/C- wall units. The building also features an additional community laundry room. 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully tenant occupied, all tenants are current. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit well below market rent/ major future rent increase potential. Rent roll in attached documents. Space to build ADUS above carports and increase the property cash flow. MAKE AN OFFER! CALL AGENT FOR MORE INFO.

Essential Information

MLS® #
24369337
Price
$3,695,000
Bedrooms
12
Bathrooms
7.00
Square Footage
6,004
Acres
0.17
Year Built
1959
Type
Residential Income
Status
Active

Community Information

Address
1868 10th Street
Area
C14 - Santa Monica
City
Santa Monica
County
Los Angeles
Zip Code
90404
Senior Community
N

Amenities

Parking Spaces
9
Pool
None

Parking

Assigned, Detached Carport, Driveway Down Slope From Street

Garages

Assigned, Detached Carport, Driveway Down Slope From Street

Interior

Heating
Wall Furnace
Stories
Two, Multi/Split

Interior Features

Ceiling Fan(s), Multiple Staircases

Appliances

Dishwasher, Refrigerator, Dryer, Washer

Additional Information

Date Listed
March 14th, 2024
Days on Market
49
Zoning
SMR2*

Listing Details

Agent
Marc Chorin

Office

Rodeo Realty - Pacific Palisades

Property History
Price Reduced from $3,995,000 to $3,695,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 4:55pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.