Santa Monica, CA 90403 943 19th Street
$4,000,000
21 more
Presented By: Paul Baccino with Equity Union; 310-359-5598
Home Details
An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
Presented By: Paul Baccino with Equity Union; 310-359-5598
Interior Features for 943 19th Street
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 943 19th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySanta Monica
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingConventional
Days on Market193
DirectionsNorthwest of Santa Monica Blvd; head north bound 20th St and property is between Washington Ave and Idaho Ave
Electric Expense1440.0
Garage Y/NNo
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense22680.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7997.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income160200.0
New ConstructionNo
Number of Units Leased6
NumberOfUnitsTotal7
Occupancy TypeTenant
Operating Expense45000.0
Private PoolNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
TermsItem1031Exchange
Trash Expense12000.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1959
ZoningSMR2*
Exterior for 943 19th Street
Building Area Total7180.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1836
Lot Size Area7997.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480