Active
1311 EUCLID Street
Santa Monica CA, 90404
$5,670,000
$546.03 per sqft
Active
17 Beds
17 Baths
10,384 sqft
Multi-family
Built in 1968
Listed by Chase Simonton with RE/MAX One 818-366-3300
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.
22131659
MLSⓇ ID
February 28, 2022
Listed
August 31, 2023
Updated
Map
1311 EUCLID Street
Santa Monica CA, 90404
Interior Features
Total Stories
2
Bedrooms
17 Beds
Bathrooms
17 Baths
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
None
Exterior/Building Features
Lot Size
0.17 acres
Other Property Details
Days on Market
410
Garage
No
Parking
None
Parking Total
11
View
No
County
Los Angeles
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
4/17/2023 | Price Change | $5,670,000 -4% |
Listing Contact: 818-366-3300
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/31/2023. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/31/2023 at 2:06 AM UTC