1518 Euclid Street Santa Monica, CA ^$ 7,000,000

1518 Euclid Street

^$ 7,000,000

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1518 Euclid Street

Santa Monica, CA, 90404

^$ 7,000,000

Bedrooms38 Baths40.0 Sq 20,276

Monthly Estimate*

^$ 46,524

Listed by CBRE

1518 Euclid Street, Santa Monica, CA 90404 - Image 1

1518 Euclid Street, Santa Monica, CA 90404 - Image 2

1518 Euclid Street, Santa Monica, CA 90404 - Image 3

1518 Euclid Street, Santa Monica, CA 90404 - Image 4

1518 Euclid Street, Santa Monica, CA 90404 - Image 5

1518 Euclid Street, Santa Monica, CA 90404 - Image 6

1518 Euclid Street, Santa Monica, CA 90404 - Image 7

1518 Euclid Street, Santa Monica, CA 90404 - Image 8

1518 Euclid Street, Santa Monica, CA 90404 - Image 9

1518 Euclid Street, Santa Monica, CA 90404 - Image 10

1518 Euclid Street, Santa Monica, CA 90404 - Image 11

1518 Euclid Street, Santa Monica, CA 90404 - Image 12

1518 Euclid Street, Santa Monica, CA 90404 - Image 13

Multi-Family Home for sale in Santa Monica, CA

for $7,000,000 with 38 bedrooms and 40 full baths. This 20,276 square foot home was built in 1970 on a lot size of 0.3442.

CBRE is 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.

Multi-Family Active

Price

^$ 7,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3442

Year Built

1970

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24390411

Days on Market

Features

General

Zoning SMR3*

Year Built 1970

Stories 2

Levels Two

Gross Income 506844.0

County Los Angeles

Net Operating Income 289374.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Off of Broadway

City Santa Monica

View Y/N N

Senior Community Y/N N

Total Units 20

MLS Area C14 - Santa Monica

Lot Size Square Feet 14993.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Street Name Euclid

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Exterior

Parking Features Carport Underground

Total Parking 0.0

Lot Size Area 14993.0

Number of Buildings 1

Spa N

Building Area Total 20276.0

Lot Size Acres 0.3442

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 38

Electric On Property Y/N N

Total Baths 40

Internal Only

Street Number 1 1518

* Excluded Features

List By

Cbre

Broker

John.Boyett@cbre.com

Affordability Calculator

$46,524

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Monthly Principal & Interest: $46,524
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$4,093,192

Percent of Sale Price 42%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$7,000,000		Listed Price

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1518 Euclid Street, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $7,000,000 with 20,276 sqft and a lot size of 0.3442. 1518 Euclid Street has 38 bedrooms, 40.0 baths, and was built in 1970. The property's zip code is 90404 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1518 Euclid Street

Multi-Family Home for sale in Santa Monica, CA

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