Santa Monica, CA 90401,1332 10th St
Santa Monica, CA 90401,1332 10th St,Video Tour
Santa Monica, CA 90401,1332 10th St
36
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$2,675,000
Est. payment /mo
5 Beds
7 Baths
4,454 SqFt
Active

1332 10th St Santa Monica, CA 90401

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Key Details

Property Type Multi-Family

Sub 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

Year Built 1948

Lot Size 7,513 Sqft

Acres 0.1725

Property Sub-Type Multi-Family

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 and two of which are vacant. The property boasts a current cap rate of 5.29% and a GRM 12.69, 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 Santa Monica

Zoning SMR3*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Flooring Hardwood

Equipment Other, Gas Dryer Hookup, Refrigerator, Washer, Dishwasher, Dryer, Freezer

Exterior

Parking Features Garage - 1 Car, Garage - 4+ Car

Garage Spaces 4.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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agent

Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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1332 10th St