$2,325,000 Price Analysis   ♡   Santa Monica, CA 90404 8 bed 6 bath 3,462 SqFt ($671/SqFt) 7,484SqFt lot. Built 1924 Listed 2024-05-22, Taxes $3,315 | Ⓧ USDA Ineligible due to price & location near Santa Monica |
Assumable Loan!
$1.075m @ 6.37% Fixed 5 Years Remaining. We are proud to present 1427 Euclid St, a 6-unt investment property in Santa Monica. This 6-unit property includes four private bungalows (two 2-Bed, 1-Bath and two 1-Bed, 1-Bath) each with their own private patios. The fifth, rear structure has two 1-Bed, 1-Bath units above four individual garages. Built in 1924, the property has 3, 462 square feet of living space and the soft story retrofit has already been completed.
Just steps away from Downtown Santa Monica, its prime location offers easy access to urban amenities. Additionally, its Walk Score of 90 signifies a Walker's Paradise , giving tenants unparalleled access to amenities in Downtown Santa Monica. The property features four individual garages and ample permit-only street parking for tenant convenience. Each unit is individually metered for gas and electricity. With potential for regular rent increases, this property is ideal for inves tors seeking long-term gains and stability in a prime Santa Monica neighborhood. Don't miss this opportunity at one of the best price points in Santa Monica!
Presented by Benjamin J. Hsiang at
Realty Investment Advisors, Inc.
Property MLS #24-394821 from TheMLSCLAW
Full Bathrooms: 6
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7484
Garage Description: Garage - 1 Car, Garage Is Detached
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 5790, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3300, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3500, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 5000
County: Los Angeles
Cap Rate: 5
Directions: East on Santa Monica Blvd, South on Euclid St
Source Property Type: Residential Income
Area: Santa Monica
Source Neighborhood: Santa Monica
Parcel Number: 4282-022-020
Zoning: SMR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $45,713 + $99,770 $145,483 | $3,315 |
| 2021 | $44,817 + $97,814 $142,631 | $3,195 |
| 2020 | $44,358 + $96,812 $141,170 | $3,172 |
| 2019 | $43,489 + $94,914 $138,403 | $3,133 |
| 2018 | $42,637 + $93,053 $135,690 | $2,924 |
| 2017 | $41,801 + $91,229 $133,030 | $2,850 |
| 2016 | $40,982 + $89,441 $130,423 | $2,736 |
| 2015 | $40,367 + $88,098 $128,465 | $2,701 |
| 2014 | $39,577 + $86,373 $125,950 | $2,725 |
| 2013 | $39,399 + $85,983 $125,382 | $2,699 |
| 2012 | $38,627 + $84,298 $122,925 | $2,653 |
| 2010 | $37,870 + $82,646 $120,516 | $2,497 |
| 2009 | $37,677 + $82,224 $119,901 | $2,442 |
| 2009 | $37,587 + $82,029 $119,616 | $2,442 |
| 2008 | $36,939 + $80,612 $117,551 | $2,411 |
| 2007 | $36,215 + $79,032 $115,247 | $2,364 |
$2,325,000
TheMLSCLAW
Listed 2024-05-22
$2,350,000
TheMLSCLAW
Sold 2024-03-18
$2,220,000
TheMLSCLAW
Listed 2023-09-12
$2,350,000
TheMLSCLAW
Year Built: 1924
Levels: Two Level, One Level
Living Area Source: Vendor Enhanced
Property Age: 100
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.