1518 10th Street, Santa Monica
Santa Monica Home For Sale
1518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Monica Unified School District and close to Santa Monica College. Centrally situated between Santa Monica's happening office parks. Close proximity to the new Metro Station and within a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Marina Del Rey, Venice Beach, Playa Del Rey and Playa Vista. Please do not disturb tenants.
Property Details
Additional Information
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- City:
- Santa Monica
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- County:
- Los Angeles
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- Zip:
- 90401
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- MLS® #:
- 23329815
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- Bedrooms:
- 6
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- Bathrooms:
- 6
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- Square Ft:
- 10,080
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- Lot Size:
- 0.17
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 1518 10th Street, Santa Monica, (MLS® #23329815)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $4,175,000 | $50,000 (1.18%) | |
| Price Reduced (from $4,299,000) | $4,225,000 | $74,000 (1.72%) |
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 2:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.