2019 18th Street
2019 18th Street
$2,237,000
5
4
2,050
2,050
$1,091
Sold 11/1/21
Description
RUN! Unheard of cap rate for Santa Monica at 5%. Endless investment opportunities on this three unit large lot with Civic Zoning in the Pico Neighborhood. Move right into one of these adorable, detached bungalows and/or start earning high rents right away. Each bungalow has privacy, original detail, private courtyards & parking. The vacant front unit is approx. 902 sq. ft. w/ high ceilings, skylights, built-in wooden shelving & cherry beaded trim work. The rented middle unit is approx. 674 sq. ft....RUN! Unheard of cap rate for Santa Monica at 5%. Endless investment opportunities on this three unit large lot with Civic Zoning in the Pico Neighborhood. Move right into one of these adorable, detached bungalows and/or start earning high rents right away. Each bungalow has privacy, original detail, private courtyards & parking. The vacant front unit is approx. 902 sq. ft. w/ high ceilings, skylights, built-in wooden shelving & cherry beaded trim work. The rented middle unit is approx. 674 sq. ft. and has Saltillo flooring, high ceilings, skylights & a greenhouse room. The rented back unit is approx. 550 sq. ft. w/ vaulted beam ceilings, skylights & was beautifully remodeled in 2007. This middle & back unit are currently rented for $3,560 each. Mature pomegranate trees & several other fruit tress throughout the property. Zoning is R2-NC (residential/commercial). Near SMC, parks and recreation, transport, dining and Whole Foods. Three units can qualify for an owner occupied rent control waiver. Buyer to perform due diligence with the City.
Property Details for 2019 18th Street
Zoning
SMC2*
StyleBungalow
Parcel Number4274017016
Total Units3.0
Living Area2050
Source Living AreaAppraiser
AreaSanta Monica (C14)
Vacancy Rate0
Location
LISTING UPDATED: 11/01/2021 06:24 PM
Property Details for 2019 18th Street
Status | Sold |
---|---|
MLS # | 21-743080 |
Days on Market | 99 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1946 |
Lot Size | 0.18 AC / 7,991 SF |
County | Los Angeles County |
Location
Building Information for 2019 18th Street
Stories1Residences-Year Built1946Building Size-Lot Size0.18 AC / 7,991 SF
Payment Calculator
$14,471 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2019 18th Street
Property History for 2019 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 2019 18th Street
Taxable ValueLand$1,734,000Additions$547,740Total$2,281,740
Tax Record2023$27,158 ($2,263 / month)
Home Facts
Total Finished SqFt2,050 SqFtAbove Grade Finished SqFt2,050 SqFtLot Size7,991 SqFtStyleTriplexYear Built1946ZoningSMC2*CountyLOS ANGELESAPN4274-017-016
Schools near 2019 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 - | K to 5 |
Rating | School | Distance |
---|---|---|
Will Rogers Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Juan Cabrillo Elementary School PublicK to 5 |
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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