1523 18th St, Santa Monica, CA 90404
Property
Sold August 2025
Listing Agent: Bruce Kusada (DRE #00639308) · Listing Office: Capital RE Group · Contact: 310-717-9405 · Bought with: Hank Hoang · Treeline Realty & Investment · MLS #SB24030349 · Source: CRMLS
About this property
UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
Listing description from the August 2025 sale, as reported to CRMLS.
Sale history