1523 18TH ST, SANTA MONICA CA 90404

  • 5,238 sq.ft.
  • 7,500 sq.ft. lot
offered at $2,225,000
MLS#:SB24030349
Status: Active Under Contract // Property Type:
County: Los Angeles // Year Built: 1976

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.

Listing Courtesy of Bruce Kusada, Capital RE Group

Interior Features

Interior Features: High Ceilings // Heating: Wall Furnace

Exterior Features

Exterior Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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