1846 10th St

$4,499,000, 20 Beds 10 Baths 9,076 Sqft

About This Property

Many units have been remodeled and have Washer & Dryers. There is an existing assumable loan of approximately $1,970,000 fixed at 3.29% with monthly payments of $9,183.31 until 4/1/2021, 6-month LIBOR + 2.25 adjustable thereafter with a lifetime interest cap rate of 9.5%. Monthly garage/laundry income is about $225. Cap rate at projected rents is 5.4% and current Cap rate is 3.8%. Buyer must cooperate with Seller in a 1031 tax exchange at no cost or liability to Buyer. Inside units with accepted offer.

Essential Information

MLS® #19447410
Price$4,499,000
Bedrooms20
Bathrooms10.00
Square Footage9,076
Acres0.00
Year Built1958
TypeResidential Income
Sub-TypeApartment Building
StatusActive

Community Information

Address1846 10th St
AreaSanta Monica (C14)
CitySanta Monica
CountyLos Angeles
StateCA
Zip Code90404

Amenities

Parking Spaces8

Interior

AppliancesGarbage Disposal
HeatingFloor Furnace
CoolingNone
# of Stories2

Additional Information

Date ListedMarch 24th, 2019
Days on Market115
ZoningSMR2*
HOA Fees0.00

Listing Details

AgentMarios Savvides(01040033)
OfficeMarios C Savvides

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1846 10th St, Santa Monica (MLS® #19447410) Property History

Status Changed from Back Up Offer to Active
Status Changed from Active to Back Up Offer

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Listing information last updated on July 17th, 2019 at 11:27pm PDT.

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