901 19th Street

Santa Monica, CA 90403

$4,850,000
Price
12
Beds
11
Baths
6,524 Sq. Ft.
$743 / Sq. Ft.
6,524
Sq. Ft.
$743
per Sq. Ft.

Description

901 19th Street is the perfect Owner-User opportunity in Santa Monica. A huge, 3-bedroom, 2.5 bathroom townhouse-style front unit can be delivered vacant at close of escrow. The 6 other units bring in good income to subsidize the mortgage, yet still have tremendous upside potential for future rental growth. Located just 1 block from Montana Ave and all the trendy restaurants and shops Santa Monica has to offer, this prime North of Wilshire 90403 location is near impossible to beat. Please do not...901 19th Street is the perfect Owner-User opportunity in Santa Monica. A huge, 3-bedroom, 2.5 bathroom townhouse-style front unit can be delivered vacant at close of escrow. The 6 other units bring in good income to subsidize the mortgage, yet still have tremendous upside potential for future rental growth. Located just 1 block from Montana Ave and all the trendy restaurants and shops Santa Monica has to offer, this prime North of Wilshire 90403 location is near impossible to beat. Please do not disturb the tenants. Call listing agents for a potential tour of he front unit. All other units will be shown only upon an accepted offer.
  1. Listed by Chase Simonton • DRE #01766871 • Brokerage DRE #00590104 • RE/MAX One
  2. Listed by Keri White • DRE #01491049 • Brokerage DRE #00896039 • Element RE, Inc

Property Details for 901 19th Street

Zoning
SMR2*
Parcel Number
4277011013
Total Units
7.0
Living Area
6524
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
1
Lot Size Area
8009

Location

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871; Element RE, Inc, Keri White, DRE #01491049
Add your commute
LISTING UPDATED: 05/01/2024 09:56 AM

Property Details for 901 19th Street

StatusActive
MLS #24-380165
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.18 AC / 8,009 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871; Element RE, Inc, Keri White, DRE #01491049
Add your commute

Building Information for 901 19th Street

Stories2Residences-Year Built1948Building Size-Lot Size0.18 AC / 8,009 SF

Payment Calculator

$28,292 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,468

Property Taxes

$1,824

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 901 19th Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 7
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $263,580
  • Net Operating Income: $148,606.00
  • Gross Income: $263,580
  • Cap Rate: 3.06%
  • Gross Rent Multiplier: $18.40
  • Actual Annual Gross Rent: $263,580.00
  • Total Annual Expense: 107066
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1839
  • Lot Size Square Feet: 8009
  • Lot Size Dimensions: 50x160
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 7
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-15-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,128.00
  • Unit Actual Rent: $1,128.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,850.00
  • Unit Actual Rent: $2,850.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,611.00
  • Unit Actual Rent: $3,250.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,500.00
  • Unit Actual Rent: $6,500.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,184.00
  • Unit Actual Rent: $3,184.00
  • Unit Projected Rent: $4,250.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,612.00
  • Unit Actual Rent: $2,612.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,080.00
  • Unit Actual Rent: $3,080.00
  • Unit Projected Rent: $4,250.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $376,559.00
  • Assessed Improvement Percent: 21.85
  • Assessed Land Value: $1,346,945.00
  • Assessed Land Percent: 78.15
  • Assessed Total Value: $1,723,504.00

Property History for 901 19th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 901 19th Street

Taxable ValueLand$1,346,945Additions$376,559Total$1,723,504
Tax Record2023$21,884 ($1,824 / month)
Home Facts
Total Finished SqFt6,524 SqFtAbove Grade Finished SqFt6,524 SqFtLot Size8,007 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningSMR2*CountyLOS ANGELESAPN4277-011-013

Schools near 901 19th 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.

Similar Homes

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Similar Sold Homes

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901 19th Street is a multi-family home for sale in Santa Monica, CA 90403. This property was listed for sale on April 15, 2024 by RE/MAX One, it's currently listed at $4,850,000. It has been on the market for a total of 38 days and was last sold on June 26, 2000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Franklin Elementary School, Lincoln Middle School and Santa Monica High School. 901 19th Street is a 12-bed, 11-bath, 6,524 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX One, Chase Simonton, DRE #01766871; Element RE, Inc, Keri White, DRE #01491049

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.