1112 19th Street

Santa Monica, CA 90403

  • 10 Bed(s)
  • 0 Bath(s)
  • 6,080 Sqft
  • 7997
    Sqft(Lot)
$2,500,000

Description

Investment opportunity in santa monica 1112 19th st seize the chance to own a versatile multifamily property in the heart of santa monica! this unique investment offering features four units and significant potential for growth: 3 two-bedroom units: spacious and centrally located, these units provide steady rental income in a highly sought-after area. the demand for quality rental housing in santa monica ensures long-term tenant interest. 1 detached four-bedroom home: a rare addition, this standalone home offers ample space and additional income potential, perfect for a larger family or a high-demand rental unit. key property features: on-site income-generating laundry: another opportunity to increase cash flow with minimal effort. separately metered for gas and electricity: tenants are responsible for their utilities, reducing operating costs for the owner. unit 2 delivered vacant: unit 2 will be delivered vacant at the close of escrow, providing immediate potential for a new tenant or renovation. property condition: the property shows some deferred maintenance and is priced accordingly, therefore creating an excellent opportunity for value-add improvements and forced appreciation. probate sale not subject to court confirmation: streamlined purchase process for qualified buyers. occupied units available for viewing with accepted offer: due to tenant privacy, occupied units will be shown only with an accepted offer. with a prime santa monica location and significant upside potential, this property is a rare find for an investor looking to add value and secure long-term rental income. whether you're looking to renovate and maximize rents or maintain the property as-is, the opportunity here is substantial. the property has a recorded easement to use the pool next door at 1118 19th street. 1118 19th street has an easement to use the laundry room at 1112 19th street. 1118 19th street is also for sale and listed separately.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Spanish

  • AD ID

    47772684

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 8
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dryer,Washer
    • Fireplace: Living Room

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Natural Gas
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Building Area Total: 6,080

    Pool Features

    • Association

    Laundry Features

    • Common Area,Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1836
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7997

  • Listing Price Information

    • Original List Price: 2,500,000
    • Listing Contract Date: 2024-11-21

    Lease Information

    • Listing Agreement: Probate

  • Tax Information

    • Parcel Number: 4276009012

  • Garage and Parking

    • Garage Description: Converted Garage,Detached Carport

    Homeowners Association

    • Association Amenities: Pool

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: C14 - Santa Monica
    • Directions: North of Wilshire Blvd. South of California Ave. On the West side of the Street.
    • Zoning: SMR2*
    • Source Property Type: Residential Income
    • Area: C14 - Santa Monica

    Building and Construction

    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 6080
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 04:18

  • MLS: 24465611
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is recently sold, it has 6,080 sqft, 7,997 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Monica , in zip code 90403, this Los Angeles County Home are nearby neighborhoods.