2521 Euclid Street

  • Santa Monica

  • $3,500,000
Share

Residential Income Details

Description
There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a year.
Essential
MLS #16181856
Price$3,500,000
Number of Units7
Sale TypeStandard
Acres0.18
StatusActive
Listing BrokerageKerendian Properties
Listing AgentFaraj Kerendian
Listing Agent BRE #01991239
Interior
AppliancesNone
Exterior
ParkingCarport
Community
AreaC14 - Santa Monica
Address2521 Euclid Street
CitySanta Monica
CountyLos Angeles
StateCA
ZipCode90405
School

InquireNow

We ensure your contact information is kept secure.

Based on information from California Regional Multiple Listing Service, Inc. as of Monday, July 10, 2017. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.