1053 18th Street,  Santa Monica CA, 90403 (Residential Income)

9,650 sqft
Status: Active
MLS#: 16182736
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Last Updated: 12/11/2016 2:57 AM
Description for 1053 18th Street Santa Monica, CA 90403
Pride of ownership- Prime Santa Monica area- Exceptional owner's UNIT- Very well built & maintained- Front 1600 s.f (house-like)+(full basement with windows) (Exceptional work/ live unit) with A/C +2 parkings can be delivered vacant- Two fantastic renovated vacant upper units with 1 parking each can be delivered vacant for limited time- Earthquake retrofit done by permit- Copper Plumbing- All units have large porch or balcony. Original hardwood floor, some exposed- Rent for unit #1 includes $210/mo for a garage (month to month lease) Additional $4860/year income from two storage rooms and laundry- Projected rents for vacant units are VERY REALISTIC- Property is being sold as is with no credits to buyer. Buyer and Buyer's agents to do any and all investigations and verify all information regardless of the source including but not limited to condition, size of structure, room quantity, lot size, permits and etc. Please do not engage with tenants. Units can be shown to qualified prospects
Price
$5,625,000
Los Angeles
9,650 (approx)
16182736
Active
Description
Pride of ownership- Prime Santa Monica area- Exceptional owner's UNIT- Very well built & maintained- Front 1600 s.f (house-like)+(full basement with windows) (Exceptional work/ live unit) with A/C +2 parkings can be delivered vacant- Two fantastic renovated vacant upper units with 1 parking each can be delivered vacant for limited time- Earthquake retrofit done by permit- Copper Plumbing- All units have large porch or balcony. Original hardwood floor, some exposed- Rent for unit #1 includes $210/mo for a garage (month to month lease) Additional $4860/year income from two storage rooms and laundry- Projected rents for vacant units are VERY REALISTIC- Property is being sold as is with no credits to buyer. Buyer and Buyer's agents to do any and all investigations and verify all information regardless of the source including but not limited to condition, size of structure, room quantity, lot size, permits and etc. Please do not engage with tenants. Units can be shown to qualified prospects
Listing Information
Property Type: Cluster, Other
0.22 Acres 960,800 sq.ft. 9,650 (approx)
$582.9 1958
Stucco
Gas Water Heater
7 Total
Neighborhood
Room Information
Common
Interior Features
Garbage Disposal
Window Drapes-curtains
Exterior / Lot Features
Stucco
Asphalt
60X160
SMR2*
Driving Directions
North of Wilshire, Between California Ave and Washington Ave
Financial Considerations
4277026022
,$80,503
Listing Price History

Santa Monica Real Estate

Santa Monica is located in California. Santa Monica, California 90403 has a population of 90,008.

The median household income in Santa Monica, California 90403 is $72,271. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Santa Monica 90403 is 40.2 years.

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Courtesy: Premier Real Estate Broker, In Moussa Mahyar
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