941 10TH Street

    Santa Monica, CA 90403
    • $5,766,000
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: 18316528
    UPDATED: 58 min ago
    $5,766,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,738
      SQFT
    • $660
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Prime Santa Monica Location. North of Wilshire. 9 Units great mix. Two front units (2BD + 1.75 BTH) with private garden for lower unit. Five townhouse style units (2 BD + 1.5BTH) all with an upper and lower balcony and Two studio units. Many units have been upgraded with new kitchens and hardwood floors. Large bright units with desirable floorplans. 11 subterranean parking spaces and onsite laundry for added income. All units separately metered for electric and gas. New roof installed in 2017. Located 10 blocks from the beach, convenient to shops and restaurants on Montana Avenue and Wilshire. Potential for added. Pride of Ownership building.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T16:29:51.077. 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/81023757

    941 10TH Street Santa Monica, CA 90403

    • Price: $5,766,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 18316528
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    8,738
    SQFT
    $660
    $/SQFT
    1965
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Prime Santa Monica Location. North of Wilshire. 9 Units great mix. Two front units (2BD + 1.75 BTH) with private garden for lower unit. Five townhouse style units (2 BD + 1.5BTH) all with an upper and lower balcony and Two studio units. Many units have been upgraded with new kitchens and hardwood floors. Large bright units with desirable floorplans. 11 subterranean parking spaces and onsite laundry for added income. All units separately metered for electric and gas. New roof installed in 2017. Located 10 blocks from the beach, convenient to shops and restaurants on Montana Avenue and Wilshire. Potential for added. Pride of Ownership building.
    Exterior Features

    Garage Spaces 11.00 Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Carport Attached Parking Total 11.00 Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Cap Rate 3.50 Electric Expense 788.00 Fuel Expense 1667.00 Garage Income 2280.00 Garage Rental Rate 190.00 Gross Income 13367.00 Gross Multiplier 20.00 Gross Operating Income 288328.00 Improvements Amount 875388 Insurance Expense 2594.00 Land Lease YN No Land Value 3177832 Laundry Income 2040.00 Laundry YN No Licenses Expense 1660.00 Maintenance Expense 3120.00 Net Operating Income 201534.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Units Leased 9 Number With Range 9 Special Listing Conditions Standard Supplies Expense 584.00 Total Actual Rent 286289.00 Total Expenses 86794.00 Vacancy Allowance Rate 0.00 Water Sewer Expense 4290.00 Zoning Smr2*

    Listing provided courtesy of Michael Berlin of Keller Williams Inglewood.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T16:29:51.077. 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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