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1024 18th Street
Santa Monica, CA 90403
Sold
Welcome to your next investment opportunity in the heart of Santa Monica's prestigious Wilshire Montana neighborhood! This meticulously maintained 5-unit property boasts a desirable unit mix, including four spacious 1-bedroom/1-bathroom apartments and a charming freestanding home with 2 bedrooms and 2 bathrooms. Investors will appreciate the convenience of four single-car garages dedicated to the 1-bedroom units, offering tenants coveted parking in this sought-after area. Each unit is equipped with separate meters, ensuring hassle-free management and maximizing efficiency for potential landlords. Generating additional income, the property features an onsite laundry area, further enhancing its appeal to savvy investors looking to optimize revenue streams. Situated on a nearly 7,000 square foot lot, with alley access, this property offers both space and convenience. Don't miss out on this rare opportunity to own a prime multi-family property in one of Santa Monica's most coveted neighborhoods. Seize the potential for steady cash flow and long-term appreciation in this thriving rental market. Take the next step towards building your investment portfolio with this exceptional property!
PROPERTY INFORMATION
| MLS # | NP24046247 | Lot Size | 6,612 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 2,499,000
Price Per SqFt: $ 686 |
DOM | 465 Days |
| Address | 1024 18th Street | Type | Residential Income |
| City | Santa Monica | Sq.Ft. | 3,641 Sq. Ft. |
| Postal Code | 90403 | Garage | 4 |
| County | Los Angeles | Year Built | 1924 |
| Bed / Bath | 6 / 0 | Parking | 4 |
| Built In | 1924 | Status | Closed |
| Sold Date | 2024-05-21 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | See Remarks |
| EntryLocation | first and second floors |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,666
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/21/2024 | Sold | $2,484,000 |
| 04/22/2024 | Active Under Contract | $2,499,000 |
| 04/08/2024 | Listed | $2,499,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Blake Nelle, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
