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SoldMay 21, 2024Residential Income
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1024 18th Street

Santa Monica, CA 90403
Beds0
Baths0
Square Ft.3,641
$2,484,000
Listed for $2,499,000 · Sold May 21, 2024
Listing provided by Blake B Nelle, Coldwell Banker Realty

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!

Listing Snapshot
Days online41
Last updatedMay 23, 2024
Property typeApartment
Beds0
Full baths0
Square ft.3,641
Lot size0.15 Acres
Year built1924
MLS numberNP-24046247

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Listing information © 2026 California Regional Multiple Listing Service (CRMLS) (via the CSMAR data share). All rights reserved. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use.
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