Call For Appointment to See This Home Dmitry Litvishkov (310)-709-4920
1534 Euclid Street , Santa Monica, CA - 90404 is For Sale
Details
: $4,200,000
: 1534 Euclid Street
: Santa Monica
: CA
: C14 - Santa Monica
: Residential Income
: 697 M2
: 10
: $5
: $217,405
: SB24070429
: 0.1723 ac
Property Description
Santa Monica Home For Sale. 7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.
Listed By
Lyon Stahl Investment Real Estate, Inc.
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