$2,484,000

3,641

square ft

1024 18th Street

Santa Monica, California 90403

Closed / MLS #NP24046247 / Condo / Santa Monica

Listing information updated 5/23/2024 at 10:42am

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!

Full Features

Cooling System:

See Remarks

Heating System:

Wall Furnace

Main Level Primary Bedroom:

Pool:

Age:

100 Years

Parking Spaces:

Garage:

Garage - 4 Car(s)

Square Feet:

3,641

Lot Size:

6612 Square Feet

Acreage:

0.1518

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

90403

City:

Santa Monica

County:

Los Angeles

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Cooling System:

See Remarks

Heating System:

Wall Furnace

Main Level Primary Bedroom:

Pool:

Age:

100 Years

Parking Spaces:

Garage:

Garage - 4 Car(s)

Square Feet:

3,641

Lot Size:

6612 Square Feet

Acreage:

0.1518

Listing Office: Coldwell Banker Realty

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.