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848 18Th St

Santa Monica, CA 90403
  • $5,195,000
  • STATUS: Active
  • ON SITE: 25 days
  • MLS #: 21-736294
$5,195,000
  • 14
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,318
    SQFT
  • $558
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

Description

Best Property in Santa Monica! 800 block of 18th Street at the top of Montana's strip. 7 extra large 2+2s, (5) 1250 SF, (2) 1450 SF. Laundry in unit for 3 of 7 units. New roof in 2018, Copper Plumbing, all electric building (low expenses). Units have separate entrances and large private balconies/patios. Parking for 9. The owner is in the process of gating the property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T23:42:44.66. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.haciendagroupinc.com/homes/117571952
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848 18Th St Santa Monica, CA 90403

  • Price: $5,195,000
  • Status: Active
  • MLS #: 21-736294
14
Beds
0
Baths
0
½ Baths
0.18
Acres
9,318
SQFT
$558
$/SQFT
1962
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
Best Property in Santa Monica! 800 block of 18th Street at the top of Montana's strip. 7 extra large 2+2s, (5) 1250 SF, (2) 1450 SF. Laundry in unit for 3 of 7 units. New roof in 2018, Copper Plumbing, all electric building (low expenses). Units have separate entrances and large private balconies/patios. Parking for 9. The owner is in the process of gating the property.
Exterior Features

Covered Parking 9 Cross Streets Montana Lot Description 5 + Lots Lot Size Area 7975 Other Structures None Parking Garage Carport Total Parking 9

Interior Features

Baths Total 14.00 Common Walls Attached Cooling Other Equipment DishwasherDryerGarbage DisposalFreezerWasher Flooring Hardwood Heating Central Laundry In UnitLaundry Area Laundry Equipment Lease

Property Features

Alley YN Yes Assessed Total Value 4000000 Gross Income 282888 Gross Operating Income 274401 Like Units1 7 Net Operating Income 181643.00 Number Of Buildings 1 Number Of Units 7 Owner Pays ElectricityGasWaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityCable Tv Total Annual Expense 92757 Type Of Units 2+2 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Smr2*

Listing provided courtesy of Peter Ciriello DRE#01418188 of La Commercial.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T23:42:44.66. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253