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$2,699,000

Beds
7
sq ft
4,741

1101 Euclid St, Santa Monica, CA 90403

1101 Euclid St

Santa Monica, CA 90403

  • 93 days on market
    • Price drop $100,000↓
**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property's location ensures a steady stream of income for potential investors.- The building's excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica's reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don't miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica's most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!

Details

Property type

Lot size

5,002 sq ft

Price per sq ft

$570

Year built

1948

HOA

No

Price History

06/18/2024
CLAW

CLAW #24373103

Price change
$2,699,000
-3.57%
05/07/2024
CLAW

CLAW #24373103

Price change
$2,799,000
-3.15%
04/03/2024
CLAW

CLAW #24373103

Listed
$2,890,000

Schools & Community

Neighborhood: 

Wilshire/Montana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 07/05/2024 at 9:55 PM

Listing updated: 06/19/2024 at 1:13 PM

Listed by: John Barrentine, Keller Williams Larchmont Phone #: (323) 762-2600

MLS: CLAW #24373103

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