About 1868 10th St
Just reduced by $500k. Large two story, six units BUILDING, well maintained, with tremendous cash flow , 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine street restaurants & shops. The property includes 2( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have inside owner's stackable washer & dryer and A/C- wall units. The building features an additional community laundry room. 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully tenant occupied. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit well below market rent/ major future rent increase potential. Rent roll and estimated financial sheet is in attached MLS documents. Space to Potentially build ADUS and increase the property cash flow in the rear of the property. MAKE AN OFFER OR CALL AGENT FOR MORE INFO.
Features of 1868 10th St
| MLS® # | 24-369337 |
|---|---|
| Price | $3,499,000 |
| Bedrooms | 14 |
| Bathrooms | 8.00 |
| Square Footage | 6,004 |
| Acres | 0.17 |
| Year Built | 1959 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 1868 10th St |
|---|---|
| Area | Santa Monica |
| City | SANTA MONICA |
| County | Los Angeles |
| State | CA |
| Zip Code | 90404 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Garages | Assigned, Above Street Level, Carport Detached |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Common Walls, 2 Staircases |
|---|---|
| Heating | Wall |
| Cooling | Ceiling Fan, Air Conditioning, Wall Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Fenced |
|---|
Additional Information
| Date Listed | March 14th, 2024 |
|---|---|
| Days on Market | 66 |
| Zoning | SMR2* |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Marc Chorin (01143383) |
|---|---|
| Office | Rodeo Realty - Pacific Palisades |