2521 EUCLID Street, Santa Monica, CA 90405 (MLS # 16181856)

Price $3,500,000
Status Active
Beds 0
Baths 0 bath
Home size 4,071 sq ft
Lot Size 7,840 sqft
Days on Market 390
There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a year.
Property Type(s): Residential Income
Last Updated 11/21/2016 Year Built 1948
Community C14 - Santa Monica County Los Angeles

Additional Details

APPLIANCES None
AREA C14 - Santa Monica
GARAGE Carport
LOT 7841 sq ft
STORIES 0
UTILITIES
ZONING SMR3*

Location

 

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Listing provided by : Faraj Kerendian CalBRE:01991239, Kerendian Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of 12/16/17 4:59 AM PST and /or other sources. 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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