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$6,590,000
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Property Description
We are pleased to exclusively offer for sale 1518-22 Euclid Street, First time on the market since the owner built the twenty-unit apartment complex in 1970. The property boasted a favorable unit mix of sixteen (16) two-bedroom two-bathroom units, two (2) three-bedroom two and a half-bathroom units, and two (2)one-bedroom and one bathroom units. 1518-22 Euclid Street is a prime investment opportunity for investors.1518-22 Euclid Street is a prime investment opportunity located in the highly sought-after market of Santa Monica. Situated less than a mile away from the iconic Santa Monica Pier and just minutes from the vibrant 3rd Street Promenade, this property offers convenience, lifestyle, and potential for strong returns. Just completed a complete re-roof that cost $100,000 and also recently installed a new water-main.
Full Property Details
Full Property Details for 1518 Euclid St
General
- Sold For: $6,590,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-390411
- Added to Site: 239 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 40
Bedrooms
- Total Bedrooms: 38
Additional Information
- Other Features: None
Parking
- Garage Description: Carport, Garage Is Attached, Subterranean
Location
- Area: Santa Monica
- County: Los Angeles
- Driving Directions: Off of Broadway
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 20,276
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1970
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 20
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2.5
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3442
- Lot Size: 14993
- Lot Size Source: Vendor Enhanced
- Zoning: SMR3*
Financial Considerations
- Price Per Sq. Ft.: $345.24
- Assessment Year: 1970
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4282-032-031
Listed and Sold by Cbre, John Boyett
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Schools
Schools serving 1518 Euclid St
School District:Santa Monica-Malibu Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2401 Santa Monica Blvd, Santa Monica, CA 90404 | K-5 | 0.9 mi | |
1501 California Ave, Santa Monica, CA 90403 | 6-8 | 0.6 mi | |
601 Pico Blvd, Santa Monica, CA 90405 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1518 Euclid St
Date
Details
Price
Change
Source
8/01/2024
Sold
$6,590,000
-5.86%
MLS
5/10/2024
Listed
$7,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1518 Euclid St, Santa Monica, CA 90404 (MLS# 24-390411) is a Multi-Family property that was sold at $6,590,000 on August 01, 2024. Want to learn more about 1518 Euclid St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.