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$4,995,000

Beds
17
sq ft
10,384

1311 Euclid St, Santa Monica, CA 90404

1311 Euclid St

Santa Monica, CA 90404

  • 31 days on market
1311 Euclid Street offers a new investor a clean 11-unit apartment building in a prime location of Santa Monica. These 11 units boast an incredible unit mix of 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. Many units have been extensively remodeled with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. The building is fully occupied, so no showings without an accepted offer. 11 units (3) 3+2 , (3) 2+2, (2) 2+1, (3) 1+1 Extensively Remodeled Units Units #1, 4, 5, and 7 include Washer/Dryer 21 Parking Spots (9 Tandem + 3 Single Spots)

Details

Property type

Est. home value

$7,417,279

Lot size

7,494 sq ft

Price per sq ft

$482

Year built

1968

HOA

No

Price History

10/21/2024
CLAW

CLAW #24455129

Listed
$4,995,000
-3.48%
09/26/2024
CLAW

CLAW #24383995

Removed
$5,175,000
08/23/2024
CLAW

CLAW #24383995

Price change
$5,175,000
-1.43%

Schools & Community

Neighborhood: 

Downtown/Third Street Promenade

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2018

Original loan amount

$2,900,000

Est. remaining balance

Not provided

Interest rate

3.63%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Sek Property Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 11:25 PM

Listing updated: 10/29/2024 at 5:15 AM

Listed by: Chase Simonton, RE/MAX One Phone #: (818) 366-3300

MLS: CLAW #24455129

CLAW logo

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