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Listing Details

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School Ratings & Info

Description

1108 19th Street is a six-unit investment asset in Santa Monica, north of Wilshire Boulevard and three blocks south of Montana Avenue. The property has a desirable unit mix of bright and spacious one, two and three bedroom townhouse units with seven parking spaces on an oversized lot of 7,994 square feet and copper plumbing throughout. The large three bedroom /two-and-one half bath front unit provides an excellent owner/user opportunity, featuring a two-car private garage, private patio, formal dining room, central air and heat and a washer/dryer in-unit. The building does not require soft-story retrofitting. This asset presents a new buyer with a highly attractive opportunity to own a well-maintained building in a prime Santa Monica location with 45% rental upside potential.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T23:42:41.19. 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.brandiprattrealestate.com/homes/119340539
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1108 19Th St Santa Monica, CA 90403

  • Price: $3,650,000
  • Status: Active
  • Updated: 140 min ago
  • ID#: 21-760824
12
Beds
0
Baths
0
½ Baths
0.18
Acres
7,592
SQFT
$481
$/SQFT
1962
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
1108 19th Street is a six-unit investment asset in Santa Monica, north of Wilshire Boulevard and three blocks south of Montana Avenue. The property has a desirable unit mix of bright and spacious one, two and three bedroom townhouse units with seven parking spaces on an oversized lot of 7,994 square feet and copper plumbing throughout. The large three bedroom /two-and-one half bath front unit provides an excellent owner/user opportunity, featuring a two-car private garage, private patio, formal dining room, central air and heat and a washer/dryer in-unit. The building does not require soft-story retrofitting. This asset presents a new buyer with a highly attractive opportunity to own a well-maintained building in a prime Santa Monica location with 45% rental upside potential.
Exterior Features

Lot Size Area 7994 Other Structures None Parking Garage Garage - 2 CarCarport Total Parking 7

Interior Features

Baths Total 13.00 Cooling None Equipment Dishwasher Flooring Hardwood Heating Wall Kitchen Features Stone Counters

Property Features

Gross Income 182064 Gross Operating Income 176602 Like Units1 1 Like Units2 4 Like Units3 1 Net Operating Income 108364.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Security Features Gated Source Living Area Owner Source Lot Size Area Owner Total Annual Expense 68238 Type Of Units Apartment Year Built Source Seller Zoning Smr2*

Listing provided courtesy of Kimberly Roberts Stepp DRE#01251767 of Stepp Commercial.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T23:42:41.19. 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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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583