1330 10th Street , Santa Monica, CA - 90401 is For Sale

  • 24416825
  • 24416825
  • 24416825
  • 24416825
  • 24416825
  • 24416825
  • 24416825
  • 24416825
  • 24416825
$2,695,000· Income property

Description

5 unit multifamily investment property. The front duplex was built in 1948 and consists of a front 1,000 SFR 2+2 with a 500 SF 1+1 Attic, with fireplaces, and private patios and a Studio with a large deck. The rear units in the second structure consists of (2) 1+1 which are 600 SF, (1) Bachelor, a laundry room and (4) enclosed garages. Each unit has separate entrance, hardwood floors, and is nicely appointed. The Earthquake retrofitting has been completed. There are four garages in the rear, two of which are included in the rents of the property, and two of which are rented at$250/month. This property is completely redone with 100% Copper plumbing, updated electrical panel and beautiful grounds. The units are good sized with hardwood floors and tile sinks and slate floors in the kitchens. The property has 3 electrical meters and 3 gas meters which control the units and main house. Drive by only, do not disturb tenants. *PLEASE CONTACT US FOR AN OM*

Features

MLS#: 24416825
List Price : $2,695,000
Total Units : 5
CAP rate : $4.34
Gross Operating Income : $184,290
Net Operating Income : $117,051
Sq M : 698 M2
Year Built : 1948
Days on market : 54 Days
Gross taxes : N/A
Address : 1330 10th Street
City : Santa Monica
State : CA
Zip Code : 90401
Neighborhood : N/A
Stories : 2
Laundry : Washer Included, Dryer Included
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $2,695,000
Acres : 0.1725
Lot Size (Acres) : 0.1725
Heating : Forced Air
Cooling : None
Driving Directions : Just North of Santa Monica Blvd, 2 blocks east of Lincoln
 
Courtesy of : Peter Ciriello , LA Commercial

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