1518 Euclid Street Santa Monica, CA $ 7,000,000
1518 Euclid Street
$ 7,000,000
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1518 Euclid Street

Santa Monica, CA, 90404
$ 7,000,000
Baths0.0 Sq 20,276

Monthly Estimate*

$ 46,524

1518 Euclid Street, Santa Monica, CA 90404 - Image 1
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $7,000,000. This 20,276 square foot home was built in 1970 on a lot size of 0.34.

CBRE is pleased to exclusively offer for sale 1518-22 Euclid Street, First time on the market since the owner built the twenty-unit apartment complex in 1970. The property boasted a favorable unit mix of sixteen (16) two-bedroom two-bathroom units, two (2) three-bedroom two and a half-bathroom units, and two (2)one-bedroom and one bathroom units. 1518-22 Euclid Street is a prime investment opportunity for investors.1518-22 Euclid Street is a prime investment opportunity located in the highly sought-after market of Santa Monica. Situated less than a mile away from the iconic Santa Monica Pier and just minutes from the vibrant 3rd Street Promenade, this property offers convenience, lifestyle, and potential for strong returns. Just completed a complete re-roof that cost $100,000 and also recently installed a new water-main.

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Multi-Family Active

Price

$ 7,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.34

Year Built

1970

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024390411

Features
General
Zoning SMR3*
Year Built 1970
Levels Two
County Los Angeles
Net Operating Income 289374.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Santa Monica
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Square Feet 14993.0
Street Name Euclid
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Subterranean Carport
Lot Size Area 14993.0
Building Area Total 20276.0
Lot Size Acres 0.34
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
John Boyett

Listing Agent

Cbre

Broker

Affordability Calculator

$46,524
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Monthly Principal & Interest
$46,524
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$7,000,000 Listed Price

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1518 Euclid Street, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $7,000,000 with 20,276 sqft and a lot size of 0.34. 1518 Euclid Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 90404 which is in Santa Monica, CA