1024 18th Street, Santa Monica, CA 90403
Property
Sold May 2024
Listing Agent: Blake Nelle (DRE #02081490) · Listing Office: Coldwell Banker Realty · Contact: 949-644-1600 · Bought with: Dan Mirakhor · Berkshire Hathaway HomeServices California Properties · MLS #NP24046247 · Source: CRMLS
About this property
Welcome to your next investment opportunity in the heart of Santa Monica's prestigious Wilshire Montana neighborhood! This meticulously maintained 5-unit property boasts a desirable unit mix, including four spacious 1-bedroom/1-bathroom apartments and a charming freestanding home with 2 bedrooms and 2 bathrooms. Investors will appreciate the convenience of four single-car garages dedicated to the 1-bedroom units, offering tenants coveted parking in this sought-after area. Each unit is equipped with separate meters, ensuring hassle-free management and maximizing efficiency for potential landlords. Generating additional income, the property features an onsite laundry area, further enhancing its appeal to savvy investors looking to optimize revenue streams. Situated on a nearly 7,000 square foot lot, with alley access, this property offers both space and convenience. Don't miss out on this rare opportunity to own a prime multi-family property in one of Santa Monica's most coveted neighborhoods. Seize the potential for steady cash flow and long-term appreciation in this thriving rental market. Take the next step towards building your investment portfolio with this exceptional property!
Listing description from the May 2024 sale, as reported to CRMLS.
Sale history