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    2609 Euclid St

    Santa Monica, CA 90405
    • $3,500,000
    • STATUS: Active Under Contract
    • ON SITE: 22 days
    • MLS #: 21-757946
    Under Contract
    UPDATED: 67 min ago
    $3,500,000
    • 14
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,444
      SQFT
    • $470
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    -Located in Santa Monica's Sunset Park Neighborhood -Approximately 1 Mile from the Beach & Main Street -(Six) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units -Walking Distance to Retails Shops, Dining, & Entertainment of Lincoln Boulevard & Ocean Park Boulevard -Large 9,383-Square Foot Lot -Located within 2 Miles of 3rd Street Promenade, Santa Monica Pier, Santa Monica Beach, Abbot Kinney & Venice Beach -Value-Add Component Approximately 36% in Rental Upside -6.69% Pro-Forma Cap Rate & 11.86 Pro-Forma GRM -Santa Monica Employment Hub - Home to Prominent Entertainment & Technology Companies

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-30T17:43:02.577. 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/119065389
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    2609 Euclid St Santa Monica, CA 90405

    • Price: $3,500,000
    • Status: Active Under Contract
    • Updated: 67 min ago
    • MLS #: 21-757946
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    7,444
    SQFT
    $470
    $/SQFT
    1946
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    -Located in Santa Monica's Sunset Park Neighborhood -Approximately 1 Mile from the Beach & Main Street -(Six) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units -Walking Distance to Retails Shops, Dining, & Entertainment of Lincoln Boulevard & Ocean Park Boulevard -Large 9,383-Square Foot Lot -Located within 2 Miles of 3rd Street Promenade, Santa Monica Pier, Santa Monica Beach, Abbot Kinney & Venice Beach -Value-Add Component Approximately 36% in Rental Upside -6.69% Pro-Forma Cap Rate & 11.86 Pro-Forma GRM -Santa Monica Employment Hub - Home to Prominent Entertainment & Technology Companies
    Exterior Features

    Cross Streets Euclid Street & Ocean Park Place Lot Size Area 9383 Other Structures Other Parking Garage Garage Paved YN Yes Total Parking 7

    Interior Features

    Baths Total 8.00 Common Walls Attached Cooling Air Conditioning Equipment Other Heating Wall

    Property Features

    Assessed Total Value 792042 Gross Income 232008 Gross Operating Income 225047 Like Units1 6 Like Units2 2 Net Operating Income 160984.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Estimated Source Lot Size Area Estimated Tax Total 43750.00 Total Annual Expense 64494 Type Of Units 2 Bd1 Bd Year Built Source Estimated Zoning Smr3*

    Listing provided courtesy of Gianluca Jacoli DRE#01938297 of Shield Cre, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-30T17:43:02.577. 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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