1846 10TH Street

    Santa Monica, CA 90404
    • $4,499,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: 18348350
    UPDATED: 40 min ago
    $4,499,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,076
      SQFT
    • $496
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Many units have been remodeled and have Washer/Dryers. There is an existing assumable loan of approximately $2,008,000 fixed at 3.29% with monthly payments of $9,183.31 until 4/1/2021. Monthly garage/laundry income is about $225. Cap rate at projected rents is 5.27%. Buyer must cooperate with Seller in a 1031 exchange at no cost or liability to Buyer.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T21:28:00.643. 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.
    www.playavistaliving.com/homes/84007341

    1846 10TH Street Santa Monica, CA 90404

    • Price: $4,499,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: 18348350
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    9,076
    SQFT
    $496
    $/SQFT
    1958
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Many units have been remodeled and have Washer/Dryers. There is an existing assumable loan of approximately $2,008,000 fixed at 3.29% with monthly payments of $9,183.31 until 4/1/2021. Monthly garage/laundry income is about $225. Cap rate at projected rents is 5.27%. Buyer must cooperate with Seller in a 1031 exchange at no cost or liability to Buyer.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Appliances Garbage Disposal Appliances YN Yes Cooling None Cooling YN No

    Property Features

    Cap Rate 3.80 Gross Multiplier 16.80 Gross Operating Income 267770.00 Improvements Amount 1732980 Land Value 2550000 Net Operating Income 171090.00 Special Listing Conditions Standard Total Expenses 96680.00 Zoning Smr2*

    Listing provided courtesy of Marios Savvides of Marios C Savvides.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T21:28:00.643. 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.
     
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