CA > Santa Monica
Santa Monica, CA 90401,1332 10th ST
Santa Monica, CA 90401,1332 10th ST,Video Tour
Santa Monica, CA 90401,1332 10th ST
Santa Monica, CA 90401,1332 10th ST
Santa Monica, CA 90401,1332 10th ST
Santa Monica, CA 90401,1332 10th ST
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,675,000
Est. payment | /mo

5 Beds

7 Baths

4,454 SqFt

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$ 2,675,000
Est. payment | /mo
Save Video Tour

5 Beds

7 Baths

4,454 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,454 sqft

Price per Sqft $600

MLS Listing ID 25506801

Bedrooms 5

HOA Y/N No

Year Built 1948

Lot Size 7,514 Sqft

Property Description

** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica's most sought-after neighborhoods.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR3*

Interior

Flooring Wood

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Door-Single, Garage

Total Parking Spaces 4

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4282011008

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by David Messiah • Lyon Stahl Investment Real Estate, Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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1332 10th ST