$7,000,000 Price Analysis   ♡   Santa Monica, CA 90404 38 bed 40 bath 20,276 SqFt ($345/SqFt) 0.34 acre lot. Built 1970 Listed 2024-05-10, Taxes $13,373 | Ⓧ USDA Ineligible due to price & location near Santa Monica |
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 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 nstalled a new water-main.
Presented by John Boyett at
CBRE.
Property MLS #24-390411 from TheMLSCLAW
Full Bathrooms: 40
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 14993
Calculated Total Monthly Association Fees: 0
Number of Units: 20
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 1950, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 3200, 3 BedsTotal: 3, 3 BathsTotal: 2.5, 3 SquareFeet: 4100
County: Los Angeles
Directions: Off of Broadway
Source Property Type: Residential Income
Area: Santa Monica
Source Neighborhood: Santa Monica
Parcel Number: 4282-032-031
Postal Code Plus 4: 3328
Zoning: SMR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $663,072 + $192,197 $855,269 | $13,373 |
| 2021 | $650,071 + $188,429 $838,500 | $12,918 |
| 2020 | $643,406 + $186,497 $829,903 | $12,888 |
| 2019 | $630,791 + $182,841 $813,632 | $12,634 |
| 2018 | $618,423 + $179,256 $797,679 | $11,683 |
| 2017 | $606,298 + $175,742 $782,040 | $11,565 |
| 2016 | $594,410 + $172,297 $766,707 | $10,353 |
| 2015 | $585,482 + $169,709 $755,191 | $10,233 |
| 2014 | $574,014 + $166,385 $740,399 | $10,098 |
| 2013 | $571,420 + $165,634 $737,054 | $10,043 |
| 2012 | $560,216 + $162,387 $722,603 | $10,424 |
| 2010 | $549,232 + $159,203 $708,435 | $9,781 |
| 2009 | $546,424 + $158,390 $704,814 | $9,531 |
| 2009 | $545,128 + $158,014 $703,142 | $9,531 |
| 2008 | $535,710 + $155,285 $690,995 | $9,347 |
| 2007 | $525,206 + $152,241 $677,447 | $9,105 |
$7,000,000
TheMLSCLAW
Year Built: 1970
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 54
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.