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Listing 4 out of 231
$4,350,000 New For Sale

1022 Euclid Street
Santa Monica, CA 90403

Residential Income
8,124 sq ft - MLS# 18405646
Property Photo
1/5

Description

1022 Euclid Street is located in in the heart of Santa Monica is north of Wilshire Boulevard and south of Montana Avenue, immediately west of 14th Street. Prominently located in one of the most expensive residential areas in Los Angeles with near impossible barriers to entry, 1022 Euclid Street offers an investor the unique opportunity to own an excellent piece of real estate in one of the healthiest and most coveted rental submarkets in the Southern California.1022 Euclid Street is a two-story, 10 unit multifamily property, constructed in 1968, with a total building size of ~8,124 square feet, on a ~7,495 square foot lot. The beautifully maintained, neatly landscaped property has seen capital improvements including new windows, new copper plumbing, and new drain lines. The property is separately metered for gas and electric, is serviced by a central water heater, and offers an on-site laundry facility, and a total 12 parking spaces.

Features

  • Property Type: Residential Income
  • Sub Type: Apartment Building
  • Listing Status: Active
  • County/Area: Los Angeles County
  • Zip Code: 90403
  • Year Built: 1968
  • Subdivision/Neighborhood: Santa Monica (C14)
  • Sq.Ft.: 8,124 sq ft
  • Stories: 2
  • # of Parking Spaces: 12
  • Zoning: SMR2*
  • Adjusted Gross Income: 204077.00
  • Agent License Number: 01435254
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • City Code: 10000054288
  • Cooking Appliances: Microwave
  • Cooling Type: Wall Unit(s)
  • Expense Electric: 901.00
  • Expense Gardener: 900.00
  • Expense Gas: 1854.00
  • Expense Insurance: 4160.00
  • Expense Licenses: 2138.00
  • Expense Maintenance: 6500.00
  • Expense Management: 10204.00
  • Expense Pest: 480.00
  • Expense Supplies: 2000.00
  • Expense Tax: 50674.00
  • Expense Total Annual: 87310.00
  • Expense Water: 7500.00
  • Gross Operating Income: 210388.00
  • Gross Rent Multiplier: 20.85
  • Heating Type: Wall Heater
  • Laundry Income: 1800.0
  • Lot Size SQ FT: 7495
  • Lot Size Source: Public Records
  • Net Operating Income: 116766.00
  • Number Of Buildings: 1
  • Parking Type: Carport, Garage
  • Square Footage Source: Public Records
  • Status: Active
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Partially
  • Unit Furnished05: Partially
  • Unit Furnished06: Partially
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 1531.28
  • Unit Monthly Rent02: 1503.75
  • Unit Monthly Rent03: 2062.44
  • Unit Number Of Bath01: 1.0
  • Unit Number Of Bath02: 1.5
  • Unit Number Of Bath03: 2.0
  • Unit Number Of Bed01: 1
  • Unit Number Of Bed02: 2
  • Unit Number Of Bed03: 2
  • Units In Complex: 10
Courtesy of Cb Richard Ellis, Inc., Priscilla Nee (CalBRE: 01435254)

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Tom Swanson
Exclusive Realty, Inc.
2945 Westwood Blvd
Los Angeles, CA 90064
Phone: 310-702-8559
Email: Tom@WestsideTom.com

Testimonials

Tom Swanson represented me in a very successful real estate purchase last year. Tom paid close attention to my property selection criteria and saved me a great deal of time by only sharing listings that met my criteria. Once we found the desired property, Tom moved quickly to submit my offer, facilitate removal of contingencies, negotiate terms and concessions, and ultimately close the deal for under asking price. I have referred Tom to several family and friends and have engaged him to assist me with the pursuit of my next real estate purchase mitchnahass
Tom is not only a leader to his agents and an amazing professional. He is the kind of person who changes the face of Real Estate by his kindness, his courtesy and his entrepreneurial spirit. He always finds time to make himself available when you need him. Anaik Levy
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