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    2609 Euclid Street

    Santa Monica, CA 90405
    • $3,500,000
    • STATUS: Active Under Contract
    • ON SITE: 20 days
    • ID#: 21757946
    Under Contract
    UPDATED: 95 min ago
    $3,500,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    -Located in Santa Monica's Sunset Park Neighborhood -Approximately 1 Mile from the Beach & Main Street -(Six) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units -Walking Distance to Retails Shops, Dining, & Entertainment of Lincoln Boulevard & Ocean Park Boulevard -Large 9,383-Square Foot Lot -Located within 2 Miles of 3rd Street Promenade, Santa Monica Pier, Santa Monica Beach, Abbot Kinney & Venice Beach -Value-Add Component Approximately 36% in Rental Upside -6.69% Pro-Forma Cap Rate & 11.86 Pro-Forma GRM -Santa Monica Employment Hub - Home to Prominent Entertainment & Technology Companies

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T18:29:14.777. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/119076736
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    2609 Euclid Street Santa Monica, CA 90405

    • Price: $3,500,000
    • Status: Active Under Contract
    • Updated: 95 min ago
    • ID#: 21757946
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1946
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    -Located in Santa Monica's Sunset Park Neighborhood -Approximately 1 Mile from the Beach & Main Street -(Six) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units -Walking Distance to Retails Shops, Dining, & Entertainment of Lincoln Boulevard & Ocean Park Boulevard -Large 9,383-Square Foot Lot -Located within 2 Miles of 3rd Street Promenade, Santa Monica Pier, Santa Monica Beach, Abbot Kinney & Venice Beach -Value-Add Component Approximately 36% in Rental Upside -6.69% Pro-Forma Cap Rate & 11.86 Pro-Forma GRM -Santa Monica Employment Hub - Home to Prominent Entertainment & Technology Companies
    Exterior Features

    Number Of Separate Electric Meters 8 Parking Features Garage

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Garage YN Yes Gross Income 232008 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 160984 Number Of Separate Gas Meters 8 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 217608 Vacancy Allowance Rate 2 Zoning Smr3*

    Listing provided courtesy of Gianluca Jacoli of Shield Cre, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-28T18:29:14.777. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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