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1824 10th St

santa monica, CA 90404

$2,700,000

  • 5 BR
    approx. 3,225 SF
  • Contract signed

Interested? Let's Connect

5 LARGE & PRIVATE OUTDOOR SPACES with LOTS OF LIGHT make this a Gem for owners and renters alike. In a sea of box like rental units the discerning buyer and renter will choose this property every time!... Newly offered at a 5.5% Cap rate and 12.88GRM, this turn-key 6-unit is an exceptional value for the investor that wants a stand out product in a desirable market. Expertly managed and maintained inside and out with upgraded interiors and curated exteriors; the current owners have ensured ease of ownership. A fully permitted ADU has been added to the property so to further capture high area rents. This is a most attractive asset for todays post Covid renters who are willing to pay a premium for modern conveniences with quiet, private and light filled outdoor space. Due to its unique appeal this property should continue to provide stable returns for its lucky new owner!!!

Details

3,225 Sq Ft

7,498 Sq Ft Lot Size

investment

Built in 1952

MLS/Listing ID 25612851

2 Stories

6 Units

Amenities & Features

In Unit Laundry

Parking - Shared Driveway

Parking - Driveway

Parking - Assigned

Balcony

Cathedral/Vaulted Ceilings

Range Hood

Range

Oven

Microwave

Style - Cottage

Cooling - Wall Units

Heating - Electric

Beamed Ceilings

Interested In 1824 10th St?