Back to listing

Full details for 17 Bedroom Other For Sale in Santa Monica, California

Photos

1/17
Property photo 1
2/17
Property photo 2
3/17
Property photo 3
4/17
Property photo 4
5/17
Property photo 5
6/17
Property photo 6
7/17
Property photo 7
8/17
Property photo 8
9/17
Property photo 9
10/17
Property photo 10
11/17
Property photo 11
12/17
Property photo 12
13/17
Property photo 13
14/17
Property photo 14
15/17
Property photo 15
16/17
Property photo 16
17/17
Property photo 17

Description

1311 Euclid Street is a beautifully renovated 11-unit apartment building in Prime Santa Monica, just south of Wilshire. Boasting an incredible unit mix of large 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. Almost every unit has been extensively remodeled with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. On top of the building's clean condition, the price metrics the most attractive of any multi-family property in Santa Monica: 13.99 GRM, 4.65% cap rate, $515,455/ unit, and $546.03/SF. There is still 20% upside remaining in the rents. There is also an optional loan that can be assumed: $2,660,000 at a fixed rate of 4.56% until 2025. The loan is not due in full until 2048. The building is fully occupied, so please do not disturb the tenants. For a detailed OM please email the listing agents. Back to listing
arrow