• 1101 Euclid Street Santa Monica, CA 90403

  • $2,890,000
  • 7
    Bed(s)
  • 0
    Baths
  • 4,741
    Sq Ft
  • 5002
    Sqft
  • Listed By: John Barrentine, Keller Williams Larchmont, DRE #01207185
  • Source: CRMLS

**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property's location ensures a steady stream of income for potential investors.- The building's excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica's reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don't miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica's most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 7

Bathroom Information

Total Baths: 7

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Forced Air

Has Heating

Building Information

Year Built: 1948

Building Area Total: 4,741

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1148

Lot Size Dimensions: 100x50

Lot Size Source: Assessor

Lot Size Square Feet: 5002

Listing Price Information

Original List Price: 2,890,000

Listing Contract Date: 2024-04-03

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 4281012015

Garage and Parking

Garage Description: On Street

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C14 - Santa Monica

Postal Code Plus 4: 6322

Directions: One block north of Wilshire.

Zoning: SMR2*

Source Property Type: Residential Income

Area: C14 - Santa Monica

Building and Construction

Property Age: 76

Year Built Source: Appraiser

Total Square Feet Living: 4741

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1040 4th Street #112, Santa Monica, CA,90403 $699,900 1 -- 1,043 30025 Sqft
1128 15th Street #6, Santa Monica, CA,90403 $1,675,000 2 2 1,669 7506 Sqft
825 Ocean Avenue, Santa Monica, CA,90403 $7,999,000 20 20 6,593 11257 Sqft
825 Ocean Avenue, Santa Monica, CA,90403 $7,999,000 -- -- -- 11257 Sqft
135 Montana Avenue #1BD.., Santa Monica, CA,90403 $5,800 1 1 670 14998 Sqft
1019 6th Street, Santa Monica, CA,90403 $4,450,000 13 -- 7,764 7496 Sqft
101 California Avenue #.., Santa Monica, CA,90403 $899,000 1 1 674 18751 Sqft
930 15th Street #3, Santa Monica, CA,90403 $3,535,000 3 3 2,781 7511 Sqft
930 15th Street #2, Santa Monica, CA,90403 $3,570,000 3 3 2,704 7511 Sqft
519 California Avenue #.., Santa Monica, CA,90403 $1,478,000 2 2 1,266 11228 Sqft

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ByOwner last updated this listing 05/05/2024 @ 00:09

MLS: 24373103
LISTED BY: John Barrentine, Keller Williams Larchmont
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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