2521 Euclid Street

    Santa Monica, CA 90405
    • $3,125,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 18334848
    UPDATED: 67 min ago
    $3,125,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,071
      SQFT
    • $768
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T14:29:07.327. 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/83034264

    2521 Euclid Street Santa Monica, CA 90405

    • Price: $3,125,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: 18334848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,071
    SQFT
    $768
    $/SQFT
    1948
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a
    Exterior Features

    Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Interior Features

    Cooling Electric Cooling YN Yes

    Property Features

    Gross Multiplier 23.83 Gross Operating Income 146880.00 Improvements Amount 36598 Land Value 439348 Net Operating Income 91280.00 Special Listing Conditions Standard Tenant Pays Electricity Total Expenses 55700.00 Zoning Smr3*

    Listing provided courtesy of Astkhik Adamyan of Caroline Daniel.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-23T14:29:07.327. 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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