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1518 Euclid St, Santa Monica, CA 90404
$7,000,000
1518 Euclid St, Santa Monica, CA 90404View this property at 1518 Euclid St, Santa Monica, CA 90404
1518 Euclid StSanta MonicaCA90404
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Property Description
CBRE is 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
- Price: $7,000,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-390411
- Updated: 5/14/2024
- Added to Site: 10 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 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
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.
Tax History
Tax History for 1518 Euclid St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,562
1%
$872,373
2%
2022
$13,374
4%
$855,269
2%
2021
$12,918
—
$838,500
1%
2020
$12,889
2%
$829,903
2%
2019
$12,634
8%
$813,632
2%
2018
$11,684
1%
$797,679
2%
2017
$11,566
12%
$782,040
2%
2016
$10,353
1%
$766,707
2%
2015
$10,233
1%
$755,191
2%
2014
$10,099
1%
$740,399
—
2013
$10,043
—
$737,054
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1518 Euclid St
1518 Euclid St, Santa Monica, CA 90404 (MLS# 24-390411) is a Multi-Family property with units containing 38 bedrooms and 0 full bathrooms. 1518 Euclid St is currently listed for $7,000,000 and was received on May 10, 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.