Skip To Content

1028 10th Street

Santa Monica, CA 90403
  • $2,699,000
  • STATUS: Active Under Contract
  • ON SITE: 33 Days
  • ID#: V1-22478
Under Contract
$2,699,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Brett Freeman of Realty ONE Group Summit ((805) 978-5764)


Description

Situated in the heart of Santa Monica on some of the best real estate in the United States is this charming 5 unit income property. Stellar for any generational portfolio. This investment is comprised of a main building consisting of 4 spacious one bedroom apartments and one freestanding 2 bedroom apartment with additional private laundry and toilet downstairs located over a 4 car garage with workshop. In between is a grassy courtyard. Tenants are on month to month tenancy. The 4 one bedroom units are large and all units have front and back doors.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-19T18:28:35.703. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/148660366
Print Image

1028 10th Street Santa Monica, CA 90403

  • Price: $2,699,000
  • Status: Active Under Contract
  • On Site: 33 Days
  • ID#: V1-22478
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1940
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Situated in the heart of Santa Monica on some of the best real estate in the United States is this charming 5 unit income property. Stellar for any generational portfolio. This investment is comprised of a main building consisting of 4 spacious one bedroom apartments and one freestanding 2 bedroom apartment with additional private laundry and toilet downstairs located over a 4 car garage with workshop. In between is a grassy courtyard. Tenants are on month to month tenancy. The 4 one bedroom units are large and all units have front and back doors.
Exterior Features

Architectural Style FrenchTraditional Construction Materials OtherStucco Fencing Chain Link Foundation Details Raised Lot Features Back YardFront YardLawnSprinklers None Number Of Separate Electric Meters 5 Other Structures Workshop Parking Features AssignedGarageWorkshop in Garage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley Paved Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Free-Standing RangeDryerWasher Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateWood Heating Natural GasWall Furnace Heating YN Yes Interior Features Workshop

Property Features

Additional Parcels YN No Association Fee 0 Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 154200 Gross Scheduled Income 155400 Insurance Expense 0 Land Lease YN No Laundry Features Common AreaIn Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 0 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 0 Number Of Units Leased 5 Operating Expense 0 Possession Close Of Escrow Rent Control YN Yes Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 154200 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning SMR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-19T18:28:35.703. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372523311-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372523311-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372523311-2.jpg
Logo
Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Brett Freeman of Realty ONE Group Summit ((805) 978-5764)