1824 10th Street, Santa Monica CA 90404 (Off Market)

For Sale, USD 2,700,000


1824 10th Street, Santa Monica CA 90404,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 3,225 ft² / 300 m²

Land Size : N/A

Bedroom : 5

Bathroom : 7

Half Bathroom : 0

MLS#: N/A


Property Description

5 LARGE & PRIVATE OUTDOOR SPACES with LOTS OF LIGHT make this a Gem for owners and renters alike. In a sea of box like rental units the discerning buyer and renter will choose this property every time!... Newly offered at a 5.5% Cap rate and 12.88GRM, this turn-key 6-unit is an exceptional value for the investor that wants a stand out product in a desirable market. Expertly managed and maintained inside and out with upgraded interiors and curated exteriors; the current owners have ensured ease of ownership. A fully permitted ADU has been added to the property so to further capture high area rents. This is a most attractive asset for todays post Covid renters who are willing to pay a premium for modern conveniences with quiet, private and light filled outdoor space. Due to its unique appeal this property should continue to provide stable returns for its lucky new owner!!!
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1824 10th Street, Santa Monica CA 90404, United States,California,Santa Monica is a 3,225ft² Santa Monica luxury Multi-Family Home listed for sale USD 2,700,000. This high end Santa Monica Multi-Family Home is comprised of 5 bedrooms and 7 baths. Find more luxury properties in Santa Monica or search for luxury properties for sale in Santa Monica.