1523 18th St, Santa Monica, CA

$2,225,000

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6

Beds

4

Baths

0.17

Acres

About 1523 18th St

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.

Features of 1523 18th St

MLS® # SB24030349
Price $2,225,000
Bedrooms 6
Bathrooms 4.00
Acres 0.17
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1523 18th St
Area SANTA MONICA (90404)
Subdivision Mid-City
City Santa Monica
County Los Angeles
State CA
Zip Code 90404

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed August 25th, 2023
Days on Market 650
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCapital RE Group

Listing Map

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