1022 Euclid St
$4,200,000, 16 Beds 15 Baths 8,124 Sqft 2 Garages
About This Property
A+ Santa Monica Location - North of Wilshire Boulevard -Approximately 1 Mile from Santa Monica Beach -Tremendous Value-Add Component - Over 86% in Rental Upside -7.37% Pro-Forma Cap Rate & 10.66 Pro-Forma GRM -Some of the Units Have Been Extensively Remodeled with New Quartz Countertops, Vinyl Plank Flooring, Stainless Steel Appliances, Recess Lighting, & Vanities & Tubs in Bathrooms -New Copper Plumbing, Drain Lines, & Double Pane Windows -Some Units with Elevated Dining Terrace/Office -Buyer to Assume Loan of $1,615,000 Fixed at 4.28% Interest Only (Until May 2023) -On-Site Laundry Facility & Covered Parking with Storage -Two Blocks from the Trendy Restaurants & Boutique Shops of Montana Avenue -Located in the Heart of Santa Monica within 2 Miles of 3rd Street Promenade & Santa Monica Pier -Santa Monica Employment Hub - Home to Prominent Entertainment & Technology Companies
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Listing information last updated on May 25th, 2019 at 3:40am PDT.