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    1318 19Th St

    Santa Monica, CA 90404
    • $2,700,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 21-782246
    UPDATED: 21 min ago
    $2,700,000
    • 5
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,970
      SQFT
    • $680
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    Presenting 1318 19th Street, six bungalow-style units located in prime Santa Monica. The property consists of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. These sizable apartments offer private entrances, hardwood floors, in-unit washer/dryers, stainless steel appliances and lots of natural light. Five garages are available for parking or storage.With a Walk Score of 92, the property provides easy, walkable access to all amenities for daily errands. The building is just blocks from Whole Foods Market, Trader Joes, coffee shops, world class restaurants, retail and healthcare providers.With 20% upside potential in rents, this property offers investors a value-add opportunity for future rent growth.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T15:43:15.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/121379898
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    1318 19Th St Santa Monica, CA 90404

    • Price: $2,700,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 21-782246
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,970
    SQFT
    $680
    $/SQFT
    1955
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Presenting 1318 19th Street, six bungalow-style units located in prime Santa Monica. The property consists of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. These sizable apartments offer private entrances, hardwood floors, in-unit washer/dryers, stainless steel appliances and lots of natural light. Five garages are available for parking or storage.With a Walk Score of 92, the property provides easy, walkable access to all amenities for daily errands. The building is just blocks from Whole Foods Market, Trader Joes, coffee shops, world class restaurants, retail and healthcare providers.With 20% upside potential in rents, this property offers investors a value-add opportunity for future rent growth.
    Exterior Features

    Exterior Construction Stucco Lot Size Area 7491 Other Structures None Parking Garage Garage Style Bungalow Total Parking 5

    Interior Features

    Bathroom Features Shower Over TubTile Baths Total 6.00 Cooking Appliances Oven-GasGas/Electric Range Cooling None Equipment Ceiling FanRange/OvenWasherDryer Flooring Tile Heating Wall Gas Kitchen Features Tile Counters Laundry In Unit

    Property Features

    Gross Income 138204 Gross Operating Income 134058 Like Units1 1 Like Units2 3 Like Units3 2 Net Operating Income 77744.00 Number Of Buildings 2 Number Of Units 6 Sale Type Standard Source Living Area Owner Source Lot Size Area Owner Total Annual Expense 23233 Type Of Units Apartment Year Built Source Seller Zoning Smr2*

    Listing provided courtesy of Kimberly Roberts Stepp DRE#01251767 of Stepp Commercial.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T15:43:15.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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