$2,176,000
$2,225,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
1523 18th St Santa Monica, CA 90404
7,501 Sqft Lot
Key Details
Sold Price $2,176,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24030349
Year Built 1976
Lot Size 7,501 Sqft
Property Sub-Type Apartment
Property Description
UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62.
Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite.
Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair,
Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals.
Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2
Interior
Heating Wall Furnace
Cooling None
Flooring See Remarks, Wood
Fireplaces Type Bath, Dining Room, Electric, Gas, Kitchen, Living Room, Outside
Laundry Common Area
Exterior
Parking Features Covered, Carport, Garage Faces Front, Garage, Gated
Pool None
Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Building
Lot Description Front Yard, Landscaped, Level, Near Public Transit, Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Hank Hoang Treeline Realty & Investment