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1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
1024 18th Street
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$2,484,000

1024 18th Street

3,641 Sq.Ft.

Description

Welcome to your next investment opportunity in the heart of Santa Monica's prestigious Wilshire Montana neighborhood! This meticulously maintained 5-unit property boasts a desirable unit mix, including four spacious 1-bedroom/1-bathroom apartments and a charming freestanding home with 2 bedrooms and 2 bathrooms. Investors will appreciate the convenience of four single-car garages dedicated to the 1-bedroom units, offering tenants coveted parking in this sought-after area. Each unit is equipped with separate meters, ensuring hassle-free management and maximizing efficiency for potential landlords. Generating additional income, the property features an onsite laundry area, further enhancing its appeal to savvy investors looking to optimize revenue streams. Situated on a nearly 7,000 square foot lot, with alley access, this property offers both space and convenience. Don't miss out on this rare opportunity to own a prime multi-family property in one of Santa Monica's most coveted neighborhoods. Seize the potential for steady cash flow and long-term appreciation in this thriving rental market. Take the next step towards building your investment portfolio with this exceptional property!

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Location

1024 18th Street, Santa Monica, CA 90403

Status

Sold

Property Amenities

Interior
Laundry room Common Area
Area & Lot
Lot Area 6,612 Sq.Ft.
Living area 3,641 Sq.Ft.
MLS® ID NP24046247
Year Built 1924
Type Condo
Status Sold
Exterior
Stories 2
Pool None
Air conditioning See Remarks
Heat type Wall Furnace
Water Source Public
Garage Space 4.0
Sewer Public Sewer
Lot Features 2-5 Units/Acre
Finance
Sales Price $2,484,000

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