1523 18Th St

Santa Monica, CA 90404 $275,000.00 (-11%) Active for $2,225,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 7,500 sqft


Property Facts
MLS SB24030349
Year Built 1976
Property Type Apartment
County Los Angeles
Status Active
Active $2,225,000
Structure Size N/A sqft
Lot Size 7,500 sqft
Beds N/A
Baths N/A

Description

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

Listing information courtesy of: Bruce Kusada, Capital RE Group 310-717-9405. *Based on information from the Association of REALTORS/Multiple Listing as of 11/15/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.


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