43
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$2,675,000
Est. payment /mo
5 Beds
4,454 SqFt
Active
1332 10th Street Santa Monica, CA 90401
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,454 sqft
Price per Sqft $600
MLS Listing ID CRSB25072490
Bedrooms 5
HOA Y/N No
Year Built 1948
Lot Size 7,513 Sqft
Property Sub-Type Detached
Source Datashare California Regional
Property Description
** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. W
Location
State CA
County Los Angeles
Interior
Cooling See Remarks
Flooring Wood
Fireplaces Type Living Room, See Remarks
Fireplace Yes
Appliance Dishwasher, Refrigerator
Laundry Dryer, Washer
Exterior
Garage Spaces 4.0
Pool None
View Other
Private Pool false
Building
Water Public
Schools
School District Santa Monica-Malibu Unified
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