1547 Euclid St - Apartments FOR SALE


Santa Monica, CA 90404- Pico
$2,231,750 USD
310-968-6583
1547 Euclid St, Santa Monica, CA for Sale
$2,231,750 USD
Apartments - FOR SALE
1/15
null | 4.35% Cap Rate

1547 Euclid St
Santa Monica, CA 90404
Pico


OVERVIEW

This is a probate sale, subject to court confirmation. The court sale will be held at 111 N. Hill Street. Dept 62 Los Angeles, Ca. at 8:30am Discover an incredible investment opportunity at 1547 Euclid Street in Santa Monica, CA. This well-maintained property boasts 9 units, including a large three-bedroom, two-bathroom unit, a two-bedroom, one-and-a-half bathroom unit, and seven one-bedroom, one-bathroom units. Located in a desirable area of Santa Monica, this property features a laundry room, three garages, and four parking stalls. With proximity to transportation, shopping, and just 13 blocks from the pier and ocean, this is an ideal location for tenants. Three units will be vacant, offering immediate potential for growth and a perfect opportunity for a 1031 deferred exchange or probate investment. The building's exceptional upside, prime location just 13 blocks from the beach and pier, and strong investment return analysis make Middleton Estates a must-see property for savvy investors. Contact Michael Johnson for more information! (310) 968-6583

FOR SALE DETAILS

PRICE

$2,231,750 USD

PRICE/SF

$304 USD /SF

# OF UNITS

9

PRICE/UNIT

$247,972

CAP RATE

4.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,488 SF

ZONING

SMM1*

APN/PARCEL ID

4282-033-014

ASK ABOUT THIS PROPERTY

Michael JohnsonRealty Executives All CitiesMore Info
310-968-6583

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Michael JohnsonRealty Executives All CitiesMore Info
310-968-6583

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.