Homes for sale - 1101 Euclid ST, Santa Monica, CA 90403

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$2,699,000

Est. payment - /mo

7 Beds

7 Baths

4,741 SqFt

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UPDATED:

11/12/2024 05:56 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,741 sqft

Price per Sqft $569

MLS Listing ID 24446741

Bedrooms 7

HOA Y/N No

Year Built 1948

Lot Size 5,000 Sqft

Property Description

**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!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features On Street

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4281012015

Special Listing Condition Standard

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Listed by Charles Marquardt • Keller Williams Larchmont

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

1101 Euclid ST Santa Monica, CA 90403