$2,890,000
1101 Euclid Street, Santa Monica 90403
7
Beds
6
Baths
4,741
Square feet
5,002
Lot Size
5
# Of Units
Listing Agent
John Barrentine - Keller Williams Larchmont**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!
Facts & Features
MLS® # | 24373103 |
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Price | $2,890,000 |
Bedrooms | 7 |
Bathrooms | 6.00 |
Square Footage | 4,741 |
Lot Size | 5,002 |
Year Built | 1948 |
Type | Residential Income |
Status | Active |
# Of Units | 5 |
Community Information
Address | 1101 Euclid Street |
---|---|
Area | C14 - Santa Monica |
City | Santa Monica |
County | Los Angeles |
Zip Code | 90403 |
Amenities
Parking | On Street |
---|---|
Garages | On Street |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dishwasher, Disposal, Refrigerator, Dryer, Washer |
---|---|
Heating | Forced Air |
Cooling | Wall/Window Unit(s) |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Additional Information
Date Listed | April 3rd, 2024 |
---|---|
Days on Market | 33 |
Zoning | SMR2* |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | John Barrentine |
---|---|
Office | Keller Williams Larchmont |