Santa Monica, CA 90401,1332 10th Street
Santa Monica, CA 90401,1332 10th Street,Video Tour
Santa Monica, CA 90401,1332 10th Street
Santa Monica, CA 90401,1332 10th Street
Santa Monica, CA 90401,1332 10th Street
Santa Monica, CA 90401,1332 10th Street
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$ 2,675,000
Est. payment | /mo

5 Beds

4,454 SqFt


$ 2,675,000
Est. payment | /mo

5 Beds

4,454 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,454 sqft

Price per Sqft $600

MLS Listing ID SB25072490

Bedrooms 5

Year Built 1948

Property Sub-Type Detached

Property Description

** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica's most sought-after neighborhoods.

Location

State CA

County Los Angeles

Zoning SMR3*

Direction Just North of Santa Monica Blvd & East of Lincoln Blvd

Interior

Cooling Other/Remarks

Flooring Wood

Fireplaces Type FP in Living Room, Other/Remarks

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Washer

Exterior

Parking Features Garage - Single Door

Garage Spaces 4.0

View Y/N Yes

Water Access Desc Public

View Other/Remarks

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 4282011008

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=kCMo31yyrZP

MLS Router / San Diego MLS
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 893-9200

gary@avenurealestate.com

1715 R St # 130, Sacramento, CA, 95811, United States

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