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848 18th St
Santa Monica CA 90403 US

$4,850,000

Pending Listing ID 24-371487
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14 bed
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Lot: 0.18 Acres
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Other

$4,850,000

Pending Listing ID 24-371487
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848 18th St Seven generously sized 2+2 units nestled in an excellent Santa Monica location. This property offers a solid 4.99% in-place Cap rate. Modern features such as copper plumbing, upgraded electrical systems including electrical car chargers in parking area, and a newer roof (2018) ensure durability and efficiency. Four the units have been upgraded with in-unit washers/dryers. Security is enhanced with newly gated premises, providing peace of mind to occupants. Additionally, a newly installed water heater adds further value to the property.Furthermore, investors will find potential for expansion with plans ready to submit for an Additional Dwelling Unit (ADU), capitalizing on the demand for flexible living spaces. Please contact us for an OM.

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Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Residential
  • Property Sub-type: Other

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 4850000
  • unparsedaddress: 848 18th St
  • postalcity: Santa Monica
  • stateorprovince: CA
  • country: US
  • postalcode: 90403
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1831
  • lotsizeunits: Acres
  • lotsizearea: 0.1831
  • livingarea: 9318
  • livingareaunits: Square Feet
  • listagentfullname: Kelly Morgan
  • listagentemail: Kelly@KellyMorganCommercial.com
  • listagentkey: 3yd-CLAWCA-C121229
  • listagentmlsid: C121229
  • listagentpreferredphone: 3104822200
  • listagentofficephone: 3104822200
  • listofficekey: 3yd-CLAWCA-X74717
  • listofficemlsid: X74717
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1962
  • listingcontractdate: 2024-03-21
  • listagenturl: http://www.kwsantamonica.com
  • countyorparish: Los Angeles
  • parcelnumber: 4277-008-010
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 9
  • parkingfeatures: Carport
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 3/26/2024 1:13:47 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Kelly Morgan, KW Advisors, Kelly@KellyMorganCommercial.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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