Active
1311 EUCLID ST
SANTA MONICA CA, 90404
$5,670,000
$546.03 per sqft
Active
17 Beds
17 Baths
10,384 sqft
Multi-family
Built in 1968
1311 Euclid Street is a beautifully renovated 11-unit apartment building in Prime Santa Monica, just south of Wilshire. Boasting an incredible unit mix of large 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. Almost every unit has been extensively remodeled with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. On top of the building's clean condition, the price metrics the most attractive of any multi-family property in Santa Monica: 13.99 GRM, 4.65% cap rate, $515,455/ unit, and $546.03/SF. There is still 20% upside remaining in the rents. There is also an optional loan that can be assumed: $2,660,000 at a fixed rate of 4.56% until 2025. The loan is not due in full until 2048. The building is fully occupied, so please do not disturb the tenants. For a detailed OM please email the listing agents.
22-131659
MLSⓇ ID
February 28, 2022
Listed
September 20, 2023
Updated
Map
1311 EUCLID ST
SANTA MONICA CA, 90404
Interior Features
Total Stories
2
Bedrooms
17 Beds
Bathrooms
17 Baths
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
None
Exterior/Building Features
Lot Size
0.17 acres
Exterior Features
None
Other Property Details
Days on Market
410
Garage
No
Parking
None
Parking Total
11
View
No
County
Los Angeles
Pool
No
Zoning
SMR3*
Courtesy of Chase Simonton with RE/MAX One
Listing Contact:
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Gambino Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2023 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/20/2023
