$6,590,000
$7,000,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
38 Beds
40 Baths
20,276 SqFt
SOLD DATE : 08/01/2024
Key Details
Sold Price $6,590,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 20,276 sqft
Price per Sqft $325
MLS Listing ID 24390411
Sold Date 08/01/24
Bedrooms 38
HOA Y/N No
Year Built 1970
Lot Size 0.344 Acres
Acres 0.3442
Property Description
We are pleased to exclusively offer for sale 1518-22 Euclid Street, First time on the market since the owner built the twenty-unit apartment complex in 1970. The property boasted a favorable unit mix of sixteen (16) two-bedroom two-bathroom units, two (2) three-bedroom two and a half-bathroom units, and two (2)one-bedroom and one bathroom units. 1518-22 Euclid Street is a prime investment opportunity for investors.1518-22 Euclid Street is a prime investment opportunity located in the highly sought-after market of Santa Monica. Situated less than a mile away from the iconic Santa Monica Pier and just minutes from the vibrant 3rd Street Promenade, this property offers convenience, lifestyle, and potential for strong returns. Just completed a complete re-roof that cost $100,000 and also recently installed a new water-main.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Fireplace No
Exterior
Garage Carport, Underground
Parking Type Carport, Underground
Attached Garage Yes
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4282032031
Special Listing Condition Standard
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Bought with John Boyett • CBRE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "