1847 18TH Street

    Santa Monica, CA 90404
    • $1,850,000
    • STATUS: Closed
    • ON SITE: 241 days
    • ID#: 19515628
    Sold - 02/28/2020
    $1,850,000
    SOLD - 02/28/2020
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:

    School Ratings & Info

    Description

    2 UNITS DELIVERED VACANT. Currently three 2 bedroom/ 1 bathroom units, where one of the units has an additional studio / office / bonus space with bathroom, across from the enclosed yard for owners unit. Unit A, in front vacant and Unit B, middle/ below, delivered vacant perfect for the owner / occupier or income opportunity. One garage space being rented out for $250 per month. Building has newer roof, newer plumbing, newer rain gutters, newer electrical panel, newer windows, newer landscaping, Major remodel in Unit B. This is a corner lot which could be developed to put condos to reflect what is occurring directly across the street with projected 3 luxury condos. Santa Monica Rent Control exemption / inquire with city. Walking distance to Metro station, Whole Foods365, Santa Monica schools like SMC and JAMS....

    Sold by Alex 'Zan' Sacker of Keller Williams-Santa Monica.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-29T00:26:12.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/99451616

    1847 18TH Street Santa Monica, CA 90404

    • Price: $1,849,997
    • Status: Closed
    • ID#: 19515628
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1944
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    2 UNITS DELIVERED VACANT. Currently three 2 bedroom/ 1 bathroom units, where one of the units has an additional studio / office / bonus space with bathroom, across from the enclosed yard for owners unit. Unit A, in front vacant and Unit B, middle/ below, delivered vacant perfect for the owner / occupier or income opportunity. One garage space being rented out for $250 per month. Building has newer roof, newer plumbing, newer rain gutters, newer electrical panel, newer windows, newer landscaping, Major remodel in Unit B. This is a corner lot which could be developed to put condos to reflect what is occurring directly across the street with projected 3 luxury condos. Santa Monica Rent Control exemption / inquire with city. Walking distance to Metro station, Whole Foods365, Santa Monica schools like SMC and JAMS....
    Exterior Features

    Lot Size Units Square Feet Other Structures Guest House

    Interior Features

    Appliances DisposalRefrigerator Appliances YN Yes Heating CentralWall Furnace Heating YN Yes Laundry Features Individual Room

    Property Features

    Gross Income 135600.00 Gross Multiplier 14.01 Gross Operating Income 135600.00 Laundry YN Yes Net Operating Income 129000.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 66.00 Zoning Smr2*

    Listing provided courtesy of Alex 'Zan' Sacker of Keller Williams-Santa Monica


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-29T00:26:12.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

     
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