1024 18th Street
1024 18th Street
$2,499,000
6
6
3,641
3,641
$686
Active Under Contract
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...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!
- Listed by Blake Nelle • DRE #02081490 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 1024 18th Street
Parking Spaces Total
4
Private PoolNo
Cooling TypeOther/Remarks
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area3641
Assessor Parcel Number4277-027-017
Location
LISTING UPDATED: 04/22/2024 10:49 AM
Property Details for 1024 18th Street
Status | Active Under Contract |
---|---|
MLS # | NP24046247 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
County | Los Angeles County |
Location
Building Information for 1024 18th Street
Building/Complex1024 18th StFloor-Stories2Residences-Pet Policy-Year Built1924Building Size-
Payment Calculator
$15,977 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1024 18th Street
Property History for 1024 18th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1024 18th Street
Taxable ValueLand$1,639,896Additions$649,290Total$2,289,186
Tax Record2023$28,065 ($2,339 / month)
Home Facts
Total Finished SqFt3,641 SqFtAbove Grade Finished SqFt3,641 SqFtLot Size6,610 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningSMR2*CountyLOS ANGELESAPN4277-027-017
Schools near 1024 18th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Franklin Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Olympic High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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