1815 10th St - Apartments FOR SALE


Santa Monica, CA 90404- Pico
$2,950,000 USD
310-383-5927
1815 10th St, Santa Monica, CA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/9
null | 5.42% Cap Rate

1815 10th St
Santa Monica, CA 90404
Pico


HIGHLIGHTS

  • Large 6+5 Front House
  • 12.24 GRM
  • 5.42% Cap Rate

OVERVIEW

Discover a rare investment opportunity in the heart of Santa Monica with 1815 10th St—a unique 6-unit property featuring a spacious 3,000 SF front house with 6 bedrooms and 5 bathrooms, ideal for premium rental income or owner occupancy. Tucked behind the main residence is a separate structure containing five additional rental units: three 2-bedroom units, one 1-bedroom unit, and one studio—offering a versatile mix that appeals to a broad tenant base. With its prime location, strong rental demand, and flexible layout, 1815 10th St presents a compelling opportunity for investors seeking stable income, future upside, or a rare live rent hybrid in one of Los Angeles’ most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$551 USD /SF

# OF UNITS

6

PRICE/UNIT

$491,667

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

SMR2*

APN/PARCEL ID

4283-023-019

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

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Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

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