Active
1518 10th St
Santa Monica CA, 90401
$4,299,000
$426.49 per sqft
Active
17 Beds
18 Baths
10,080 sqft
Multi-family
Built in 1974
1518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $390,818 and per square foot at $426 is below the average sales comps which have sold at $454,000 per unit and $495 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. See Offering Memorandum for more information.
23-329815
MLSⓇ ID
November 7, 2023
Listed
November 18, 2023
Updated
Map
1518 10th St
Santa Monica CA, 90401
Interior Features
Total Stories
2
Bedrooms
17 Beds
Bathrooms
18 Baths
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.17 acres
Exterior Features
None
Other Property Details
Days on Market
8
Garage
No
Parking
Subterranean, Tandem
Parking Total
17
View
No
County
Los Angeles
Pool
No
Zoning
SMR3*
Courtesy of Francyne Lambert with Lambert Investments, Inc.
Listing Contact: 310-720-9299
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 11/18/2023
