1523 18th St Active

Santa Monica,CA 90404

$ 2225000

- Bed

0 Bath

5238 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,238 sqft

Price per Sqft $424

MLS Listing ID SB-24030349

Style See Remarks

Year Built 1976

Lot Size 7,500 Sqft

Property Description

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

Location

State CA

County Los Angeles

Zoning SMR2

Interior

Interior Features High Ceilings

Heating Wall Furnace

Cooling None

Flooring Wood,See Remarks

Fireplaces Type Bath,Dining Room,Electric,Gas,Kitchen,Living Room,Patio

Inclusions Most units include refrigerator, oven/store and microwave.

Laundry Common Area

Exterior

Parking Features Garage,Garage Faces Front,Carport,Covered

Garage Spaces 9.0

Pool None

Community Features Biking,Curbs,Park,Sidewalks,Storm Drains,Street Lights,Suburban

Utilities Available Sewer Connected,Water Connected,Cable Available,Electricity Connected,Natural Gas Connected,Phone Available

View Y/N No

View None

Building

Lot Description Front Yard,Landscaped,Level,Level with Street,Lot 6500-9999,Near Public Transit

Sewer Public Sewer

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