Address
2019 18Th Street Santa Monica, CA
Price
$ 2,275,000
Property Attributes
  • MLS#21743080
  • TypePending
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90404
  • StyleBungalow
  • Price$ 2,275,000
  • Bedrooms10
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage2050
  • Lot Size7,991 SqFt
Listing Provided Courtesy Of:
Esther Hickman with Compass
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

RUN! Unheard of cap rate for Santa Monica at 5%. Endless investment opportunities on this three unit large lot with Civic Zoning in the Pico Neighborhood. Move right into one of these adorable, detached bungalows and/or start earning high rents right away. Each bungalow has privacy, original detail, private courtyards & parking. The vacant front unit is approx. 902 sq. ft. w/ high ceilings, skylights, built-in wooden shelving & cherry beaded trim work. The rented middle unit is approx. 674 sq. ft. and has Saltillo flooring, high ceilings, skylights & a greenhouse room. The rented back unit is approx. 550 sq. ft. w/ vaulted beam ceilings, skylights & was beautifully remodeled in 2007. This middle & back unit are currently rented for $3,560 each. Mature pomegranate trees & several other fruit tress throughout the property. Zoning is R2-NC (residential/commercial). Near SMC, parks and recreation, transport, dining and Whole Foods. Three units can qualify for an owner occupied rent control waiver. Buyer to perform due diligence with the City.

Price History
6/3/2021 Listed $2,359,000
7/17/2021 4% - $2,275,000

General Features

Appliances Dryer, Washer
Architectural Style Bungalow
Carport Y/N Yes
Flooring Wood
Heating Central
Interior Features Ceiling Fan(s)
Listing Agent Esther Hickman - BRE#01993403
Listing Agent State License 01993403
MLS Area C14 - Santa Monica
Property Type Residential Income
Special Listing Conditions Standard
Status Pending
Total Units 3
View None
Zoning SMC2*

Interior Features

Heating Y/N Yes
Laundry Features Outside, See Remarks

Exterior Features

Lot Size Acres 0.18
Lot Size Area 7991
Lot Size Source Assessor
Lot Size Square Feet 7991
Lot Size Units Square Feet
Number of Buildings 3
Parking Features Carport

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90404

Price
AVG $1.3M
$2.28M
Visits
AVG 12
6
Year Built
AVG 1963
1946
Walkscore
AVG 84
78
Data Provided by Walkscore ® not using MLS data

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