Contact Xavier Gomez
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1330 10th Street, Santa Monica, CA 90401
Priced at Only: $2,695,000
For more Information Call
Mobile: 714.478.6676
Address: 1330 10th Street, Santa Monica, CA 90401
Property Photos
Property Location and Similar Properties
- MLS#: 24416825 ( )
- Street Address: 1330 10th Street
- Viewed: 2
- Price: $2,695,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1948
- Bldg sqft: 0
- Days On Market: 167
- Additional Information
- County: LOS ANGELES
- City: Santa Monica
- Zipcode: 90401
- Provided by: LA Commercial
- Contact: Peter Peter
- DMCA Notice
-
Description5 Unit Multifamily Investment Opportunity in Prime Santa Monica. This exceptional property offers a rare opportunity in an unbeatable Santa Monica location, just moments from the iconic Santa Monica Pier, Venice Beach, and the area's stunning coastline. With a current 5.00% cap rate and 13.06 GRM, there is upside potential to increase to a 5.48% cap rate and 12.27 GRM. Property Highlights* Front Duplex Perfect Owner Occupy Unit: Features a spacious 3 bedroom, 3 bathroom unit, perfect for owner occupancy. It offers flexibility to be used as a 2 bedroom, 2 bath unit with a 1 bedroom, 1 bath unit, each with private entrances, fireplaces, and patios. * Studio Unit: Includes a large private deck, ideal for added comfort and outdoor enjoyment. * Rear Units: Two well sized 1 bedroom, 1 bath units (600 SF each) and one Bachelor unit. * Additional Amenities: A shared laundry room, four enclosed garages, and beautifully maintained grounds. All units boast separate entrances, hardwood floors, and tasteful finishes throughout. The property features 100% copper piping, an upgraded electrical panel, and offers spacious, well appointed interiors in each unit. This is an incredible opportunity for investors or an owner user seeking a flexible living arrangement in the highly desirable area of Santa Monica.***Owner User Opportunity: The vacant 3 bedroom, 3 bathroom front unit is perfect for an owner user, offering the flexibility to live in a spacious 2 bed***Prime Santa Monica Location: Moments from the Santa Monica Pier, Venice Beach, and the vibrant local lifestyle.***Modern Upgrades: Property features 100% copper piping, an updated electrical panel, a shared laundry room, four enclosed garages, and beautifully main***Upside Potential: Current 5.00% cap rate and 13.06 GRM with potential to achieve 5.48% cap rate and 12.27 GRM.***Spacious Units: All units are generously sized and include hardwood floors, separate entrances, and tasteful finishes.***CONTACT US FOR AN OM***
Features
Building Area Total
- 4454.00
Carport Spaces
- 0.00
Cooling
- None
Country
- US
Garage Spaces
- 4.00
Heating
- Forced Air
Laundry Features
- Washer Included
- Dryer Included
Laundry Income
- 50.00
Levels
- Two
Netoperatingincome
- 134870.00
Parcel Number
- 4282011008
Sourcesystemkey
- 24-416825:CLAW
Tenant Pays
- Gas
- Electricity
Totalexpenses
- 65344.00
Uncovered Spaces
- 0.00
Year Built
- 1948
Zoning
- SMR3*
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com