Santa Monica, CA 90403 1101 Euclid Street

1101 Euclid Street Santa Monica, CA - Image 11101 Euclid Street Santa Monica, CA - Image 21101 Euclid Street Santa Monica, CA - Image 3
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1101 Euclid Street Santa Monica, CA - Image 41101 Euclid Street Santa Monica, CA - Image 5
Presented By: John Barrentine with Keller Williams Larchmont
  • MLS# 24373103
  • 04/03/2024
  • Request Tour
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  • Beds • 7
  • Baths • 7
  • SQFT • 4,741

Home Details

**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property's location ensures a steady stream of income for potential investors.- The building's excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica's reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don't miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica's most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!
Presented By: John Barrentine with Keller Williams Larchmont

Interior Features for 1101 Euclid Street

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths7

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Heating Y/NYes
Street SuffixStreet
Total Stories2

General for 1101 Euclid Street

AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Cap Rate4.11
CitySanta Monica
CoolingWall/Window Unit(s)
CountyLos Angeles
Days on Market34
DirectionsOne block north of Wilshire.
DisclosuresPrincipal is Real Estate Licensed, Rent Control
Gross Income180102
HOA / Comm AssnNo
HeatingForced Air
LevelsTwo
Lot Size Square Feet5002
MLS AreaC14 - Santa Monica
Net Operating Income118729
New ConstructionNo
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Street NameEuclid
Total Units5
Year Built1948
Year Built SourceAppraiser
ZoningSMR2*

Exterior for 1101 Euclid Street

Building Area Total4741
Lot Dimensions100x50
Lot Size Acres0.1148
Lot Size Area5002
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesOn Street
Total Parking0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,799,000
MLS#24373103
List Date 04/03/2024
Property Type Income
Phone 310.658.1749
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Request Info
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