1534 Euclid Street Santa Monica, CA 90404
7,580 Sq. Ft. / 7,505 Sq. Ft., 0.172 acres lot size / Apartment
Status: Sold
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7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.
property details
Type
Apartment
Status
Closed
County
Los Angeles
Year Built
1965
Sq. Ft.
7,580
Lot Size
7,505 Sq. Ft., 0.2 acres
Listing Id
SB24070429
Courtesy Of
Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. 310-259-7556
List Office Phone
+1 310 425 9838
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Parking
Garage
Stories
2
Parking Spaces
2
Utility & Building Info
Sewer
Public Sewer
Parcel Number
4282032007
Water Source
Public Water
Building Area Total
7,580 Sq. Ft.
Price Per Sq Ft
$554
Architectural Style
2 Story
 |
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
07/10/2024
07/10/2024
|
Sold |
$3,650,000
|
CA Regional MLS (CRMLS) |
|
04/11/2024
04/11/2024
|
Active |
$4,200,000
|
CA Regional MLS (CRMLS) |
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Market Trends
Source: Constellation1
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