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1846 10Th ST Santa Monica, CA 90404
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Key Details
Sold Price $4,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20632590
Sold Date 10/09/20
HOA Y/N No
Year Built 1958
Lot Size 0.280 Acres
Acres 0.28
Property Description
We are pleased to present these excellently located 10 units located at 1846 10th Street, in Santa Monica, California. Built in 1958 the asset sits on 11,990 square feet of land with 9,076 square feet of rentable area and boasts a great unit mix of all 2 Bed/1 Bath units. About half of the units have their own washer and dryer in unit, there is common area laundry on site. With an average unit size of over 900 SqFt, this property is beautifully designed with all the units wrapping around a center courtyard. Tenants have access to the property from both 10th St and an alleyway behind the building. Furthermore, the property offers its tenants ample parking with on site garage and surface parking, and then plenty of additional permitted parking on 10th street. A huge benefit to the Buyer is that the Seller has already paid for and completed the mandatory soft story seismic retrofitting work. With today's attractive interest rates, a qualified Buyer would only need about 40% down payment.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Flooring Tile, Wood
Fireplaces Type Bath, Electric, Gas, Kitchen, Living Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Oven, Refrigerator
Exterior
Garage Assigned, Controlled Entrance, Converted Garage, Driveway
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Gated
Amenities Available Controlled Access
Parking Type Assigned, Controlled Entrance, Converted Garage, Driveway
Total Parking Spaces 6
Private Pool No
Building
Faces West
Story 2
Entry Level Two,Multi/Split
Sewer Sewer Tap Paid
Architectural Style Bungalow
Level or Stories Two, Multi/Split
Others
Senior Community No
Tax ID 4283022010
Security Features Gated Community
Special Listing Condition Standard
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Bought with Filip Niculete • Marcus & Millichap