1523 18th St Active

Santa Monica,CA 90404

$ 2225000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24030349

HOA Y/N No

Year Built 1976

Lot Size 7,501 Sqft

Lot Dimensions Assessor

Property Description

UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62.

Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite.

Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair,

Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals.

Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2

Rooms

Ensuite Laundry Common Area

Interior

Interior Features High Ceilings,Bedroom on Main Level,Main Level Primary,Walk-In Closet(s)

Laundry Location Common Area

Heating Wall Furnace

Cooling None

Flooring See Remarks,Wood

Fireplaces Type Bath,Dining Room,Electric,Gas,Kitchen,Living Room,Outside

Inclusions Most units include refrigerator, oven/store and microwave.

Fireplace Yes

Appliance Electric Range,Free-Standing Range,Disposal,Gas Range,Microwave,Refrigerator

Laundry Common Area

Exterior

Garage Covered,Carport,Garage Faces Front,Garage,Gated

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Biking,Curbs,Park,Storm Drain(s),Street Lights,Suburban,Sidewalks

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

View Y/N No

View None

Accessibility See Remarks,Accessible Hallway(s)

Parking Type Covered,Carport,Garage Faces Front,Garage,Gated

Total Parking Spaces 9

Private Pool No

Building

Lot Description Front Yard,Landscaped,Level,Near Public Transit,Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4725013025

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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