1332 10th Street, Santa Monica, CA, US, 90401
1332 10th Street, Santa Monica, CA, US, 90401Basics
- Date added: Added 2日 ago
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 5
- Bathrooms: 0
- Half baths: 0
- Floors: 2
- Area: 4454 sq ft
- Lot size: 7513, 7513 sq ft
- Year built: 1948
- Zoning: SMR3*
- County: Los Angeles
- MLS ID: SB25072490
Description
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Description:
** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica's most sought-after neighborhoods.
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Location
- Directions: Just North of Santa Monica Blvd & East of Lincoln Blvd
- Lot Size Acres: 0.1725 acres
Building Details
- Structure Type: House
- Water Source: Public
- Lot Features: ZeroToOneUnitAcre
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Garage Spaces: 4
- Levels: MultiSplit
- Floor covering: Wood
Amenities & Features
- Pool Features: None
- Parking Features: DoorSingle,Garage
- Parking Total: 4
- Cooling: SeeRemarks
- Fireplace Features: LivingRoom,SeeRemarks
- Interior Features: Attic
- Appliances: Dishwasher,Refrigerator,Dryer,Washer
Nearby Schools
- High School District: Santa Monica-Malibu Unified
Expenses, Fees & Taxes
- Association Fee: 0
Miscellaneous
- List Office Name: Lyon Stahl Investment Real Estate, Inc.
- Listing Terms: OwnerWillCarry,OwnerMayCarry
- Common Interest: None
- Community Features: Urban
- Attribution Contact: 310-259-7556