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Listed by Capital RE Group, Bruce Kusada. 310-717-9405

MLS Source logo

1523 18th StSanta Monica, CA 90404

Active Under Contract
$2,225,000
0 SqFt

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
    See Remarks
  • Bedrooms:
  • Bathrooms:
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    0.17 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1976
  • Interior Features:
    High Ceilings
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 0
    Features: Gated, Carport, Covered, Garage, Garage Faces Front
  • Area:
    C14 - Santa Monica
  • Views:
    None
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    Wall Furnace
  • Cooling:
    None
  • Appliances:
    Disposal, Microwave, Refrigerator, Gas & Electric Range, Free-Standing Range
  • Fireplace:
    Fireplace(s):
    Features: Electric,Gas,Living Room,Patio,Bath,Dining Room,Kitchen
  • Accessibility:
    36 Inch Or More Wide Halls, See Remarks
  • Security Features:
  • Foundation:
  • Roof:

REQUEST INFORMATION

Listing Office: Capital RE Group. Listing Agent: Bruce Kusada. Listing ID: SB24030349

Last Updated May 5, 2025 7:43 PM
Data last checked against CRMLS on May 6, 2025 3:54 AM

Based on information from California Regional Multiple Listing Service, Inc. as of May 6, 2025 3:54 AM and/or other sources. 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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