$4,200,000
- Beds
- Unknown
- sq ft
- 7,580
1534 Euclid St, Santa Monica, CA 90404
1534 Euclid St
Santa Monica, CA 90404
- 86 days on market
7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a
buyer can stabilize this at a 6.25% CAP and 13.13 GRM which
includes the cost of renovation and building ADUs. 1534 Euclid St
provides an investor with the opportunity to own a trophy asset in
a desirable pocket of Santa Monica, while also picking their own
tenants!
The subject property is comprised of (1) 2Bed+2Bath, (3)
2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units.
Additionally, there is an opportunity to build (2) ADUs for added
income. There are 13 parking spaces on site, as well as a common
laundry area.
1534 Euclid St is conveniently located just minutes away from Third
Street Promenade, Santa Monica Airport, Miramar Hotel, and many
more developments. With an A+ location and ideal curb appeal,
the subject property is ideal for any investor looking for immediate
upside and an ADU opportunity.
Details
Property type
Apartment
Lot size
7,504 sq ft
Price per sq ft
$555
Year built
1965
Price History
04/11/2024
CRMLS #SB24070429
Listed
$4,200,000
Schools & Community
Neighborhood:
Downtown/Third Street Promenade
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/05/2024 at 8:05 PM
Listing updated: 04/11/2024 at 4:07 PM
Listed by: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838
MLS: CRMLS #SB24070429
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