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$2,800,000

For Sale

A day ago

1444 Euclid St, Santa Monica, CA

House

MLS® SB26159465

0 Bed

0 Bath

--

11 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 1
Lot Size 0.1721 Acres
Approx. Age 1958
MLS® Number SB26159465

Property Address: 1444 Euclid St, Santa Monica, CA, 90404-2743

Average square foot calculated using Size range provided by listing agent.

Description

This 10-unit apartment building with two non-conforming units is located in a highly desirable pocket of Santa Monica. Built in 1958, the property consists of approximately 6, 248 square feet situated on a 7, 495 square foot lot. The property features an attractive unit mix of one 3-bedroom/2-bath unit, eight 1-bedroom/1-bath units, and three studio units. Offered at a 5.75% Current CAP Rate and 11.24 Current GRM, the property presents investors with the opportunity to acquire a well-located multifamily asset at an attractive cost per unit of $280, 000. The property offers exceptional income growth potential, achieving a projected 10.45% Pro Forma CAP Rate and 7.28 Pro Forma GRM. The property includes three one-car garages and five carport parking spaces with additional driveway space, providing valuable on-site parking for tenants. Its central Santa Monica location offers convenient access to Downtown Santa Monica, the Third Street Promenade, Santa Monica Beach, major employment centers, and the area's renowned shopping and dining destinations. Located in one of Los Angeles County's strongest rental markets, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment with strong in-place income and significant long-term upside potential.
MLS® NumberSB26159465
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$2,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
1444 Euclid St, Santa Monica, CA

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