1101 Euclid St, SANTA MONICA, CA

$2,799,000

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7

Beds

7

Baths

4,741

Square feet

0.11

Acres

About 1101 Euclid St

**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property's location ensures a steady stream of income for potential investors.- The building's excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica's reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don't miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica's most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!

Features of 1101 Euclid St

MLS® # 24-373103
Price $2,799,000
Bedrooms 7
Bathrooms 7.00
Square Footage 4,741
Acres 0.11
Year Built 1948
Type Residential Income
Sub-Type Apartment Building
Status Active

Community Information

Address 1101 Euclid St
Area Santa Monica
City SANTA MONICA
County Los Angeles
State CA
Zip Code 90403

Amenities

Garages Garage - 4+ Car, On street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Wall/Window
Fireplace No
# of Stories 2
Has Basement No

Additional Information

Date Listed April 3rd, 2024
Days on Market 35
Zoning SMR2*
Foreclosure No
RE / Bank Owned No

Listing Details

AgentJohn Barrentine (01207185)
OfficeKeller Williams Larchmont

Listing Map

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