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    848 18Th St

    Santa Monica, CA 90403
    • $4,995,000
    • STATUS: Active
    • ON SITE: 121 days
    • MLS #: 21-736294
    UPDATED: 79 min ago
    $4,995,000
    • 14
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,318
      SQFT
    • $536
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:
    Area:

    School Ratings & Info

    Description

    REDUCED. Best available Property in Santa Monica! 800 block of 18th Street at the top of Montana's strip. 7 extra large 2+2s, (5) 1250 SF, (2) 1450 SF. Laundry in unit for 3 of 7 units. New roof in 2018, Copper Plumbing, all electric building (low expenses). Units have separate entrances and large private balconies/patios. Parking for 9. The owner is in the process of gating the property.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T07:42:38.737. 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.jelmbergteam.com/homes/117571952
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    848 18Th St Santa Monica, CA 90403

    • Price: $4,995,000
    • Status: Active
    • Updated: 79 min ago
    • MLS #: 21-736294
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    9,318
    SQFT
    $536
    $/SQFT
    1962
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    REDUCED. Best available Property in Santa Monica! 800 block of 18th Street at the top of Montana's strip. 7 extra large 2+2s, (5) 1250 SF, (2) 1450 SF. Laundry in unit for 3 of 7 units. New roof in 2018, Copper Plumbing, all electric building (low expenses). Units have separate entrances and large private balconies/patios. Parking for 9. The owner is in the process of gating the property.
    Exterior Features

    Covered Parking 9 Cross Streets Montana Lot Description 5 + Lots Lot Size Area 7975 Other Structures None Parking Garage Carport Total Parking 9

    Interior Features

    Baths Total 14.00 Common Walls Attached Cooling Other Equipment DishwasherDryerGarbage DisposalFreezerWasher Flooring Hardwood Heating Central Laundry In UnitLaundry Area Laundry Equipment Lease

    Property Features

    Alley YN Yes Assessed Total Value 4000000 Gross Income 282888 Gross Operating Income 274401 Like Units1 7 Net Operating Income 181643.00 Number Of Buildings 1 Number Of Units 7 Owner Pays ElectricityGasWaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityCable Tv Total Annual Expense 92757 Type Of Units 2+2 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Smr2*

    Listing provided courtesy of Peter Ciriello DRE#01418188 of La Commercial.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T07:42:38.737. 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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