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    1935 18Th St

    Santa Monica, CA 90404
    • $2,075,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • ID#: 21-684714
    Under Contract
    UPDATED: 45 min ago
    $2,075,000
    • 7
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,868
      SQFT
    • $724
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Ratings & Info

    Description

    Charming one story 4-unit with the white picket fence on a quiet street. Located near Santa Monica College, Trader Joes, Whole Foods and public transit in Santa Monica's Pico District. The property features two separate buildings - the front offers a 3 bed / 2 bath (can be DELIVERED VACANT at close of escrow) and a 2 bed / 1 bath. The back building offers two 1 bed / 1 bath units. Three of the four units were renovated four years ago by the current owners. During this renovation period, units 2/3/4 received new kitchens and baths, floors, appliances, and recessed lighting. All the windows for both buildings were replaced with dual-pane windows, the parking area was paved with concrete (1 per unit and 1 extra for visitors), and all common areas were landscaped - irrigation systems installed. More recently, the owner installed one EV charging connection for the parking space belonging to the 3 Bed / 2 bath, and also had both buildings Earthquake Retrofitted. Great property & location

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-25T15:43:02.847. 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.lydiagable.com/homes/113637468
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    1935 18Th St Santa Monica, CA 90404

    • Price: $2,075,000
    • Status: Active Under Contract
    • Updated: 45 min ago
    • ID#: 21-684714
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,868
    SQFT
    $724
    $/SQFT
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Charming one story 4-unit with the white picket fence on a quiet street. Located near Santa Monica College, Trader Joes, Whole Foods and public transit in Santa Monica's Pico District. The property features two separate buildings - the front offers a 3 bed / 2 bath (can be DELIVERED VACANT at close of escrow) and a 2 bed / 1 bath. The back building offers two 1 bed / 1 bath units. Three of the four units were renovated four years ago by the current owners. During this renovation period, units 2/3/4 received new kitchens and baths, floors, appliances, and recessed lighting. All the windows for both buildings were replaced with dual-pane windows, the parking area was paved with concrete (1 per unit and 1 extra for visitors), and all common areas were landscaped - irrigation systems installed. More recently, the owner installed one EV charging connection for the parking space belonging to the 3 Bed / 2 bath, and also had both buildings Earthquake Retrofitted. Great property & location
    Exterior Features

    Carport Spaces Total 0 Covered Parking 0 Cross Streets Pico Blvd / 18th Street Direction Faces North Entry Location Ground Level W/Steps Exterior Construction Stucco Levels Ground LevelOne Lot Description 2-4 LotsAlley PavedBack YardCurbsExterior Security LightsFencedFenced YardFront YardLandscapedLawnSidewalksSingle LotStreet AsphaltStreet LightingStreet PavedLot-Level/FlatYard Lot Location Alley AccessCityNear Public Transit Lot Size Area 7980 Other Structures None Parking Garage AssignedSide By SideParking For Guests - OnsiteUncovered Patio Features Patio OpenRock/Stone Paved YN Yes Pool Description None Pool YN No Roof Asphalt Spa None Spa YN No Sprinklers None Style Other Tennis Court None Tennis YN No Total Parking 5 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Low Flow Toilet(S)Low Flow Shower(S)RemodeledShower Over TubShower StallTileLinen Closet Baths Total 5.00 Bedroom Features All Bedrooms Down Common Walls Attached Cooking Appliances Oven-GasFree Standing Gas Cooling Air ConditioningCeiling Fan Equipment Ceiling FanDishwasherDryerGarbage DisposalGas Dryer HookupMicrowaveRange/OvenRefrigeratorStackable W/D HookupVented Exhaust FanWasherWater Line To Refrigerator Fireplace Rooms None Flooring CarpetCeramic TileLaminateTile Foundation Details Raised Heating CentralWall Gas Interior Features Common WallsDrywall Walls Kitchen Features Granite CountersRemodeled Laundry In Kitchen Laundry Equipment Own Water Heater Features Gas Windows Drapes/CurtainsScreensWindow Blinds

    Property Features

    ADACompliance No Alley YN Yes Assessed Total Value 1014900 Gross Income 121272 Gross Operating Income 117633 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 73124.00 Number Of Buildings 2 Number Of Units 4 Owner Pays GardenerWaterOther Property Condition Additions/AlterUpdated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Smoke DetectorFire Rated DrywallCarbon Monoxide Detector(S) Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 44509.60 Type Of Units Rental Water District Water Heaters YN Yes Zoning Smr2*

    Listing provided courtesy of Sj Van Der Berg DRE#01997787 of Vault Brokerage.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-25T15:43:02.847. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377