1330 10th Street
$2,695,000
5
7
4,454
4,454
$605
Description
5-Unit Multifamily Investment Opportunity in Prime Santa Monica. This exceptional property offers a rare opportunity in an unbeatable Santa Monica location, just moments from the iconic Santa Monica Pier, Venice Beach, and the area's stunning coastline. With a current 5.00% cap rate and 13.06 GRM, there is upside potential to increase to a 5.48% cap rate and 12.27 GRM. Property Highlights Front Duplex-Perfect Owner Occupy Unit: Features a spacious 3-bedroom, 3-bathroom unit, perfect for owner occupancy....5-Unit Multifamily Investment Opportunity in Prime Santa Monica. This exceptional property offers a rare opportunity in an unbeatable Santa Monica location, just moments from the iconic Santa Monica Pier, Venice Beach, and the area's stunning coastline. With a current 5.00% cap rate and 13.06 GRM, there is upside potential to increase to a 5.48% cap rate and 12.27 GRM. Property Highlights Front Duplex-Perfect Owner Occupy Unit: Features a spacious 3-bedroom, 3-bathroom unit, perfect for owner occupancy. It offers flexibility to be used as a 2-bedroom, 2-bath unit with a 1-bedroom, 1-bath unit, each with private entrances, fireplaces, and patios. Studio Unit: Includes a large private deck, ideal for added comfort and outdoor enjoyment. Rear Units: Two well-sized 1-bedroom, 1-bath units (600 SF each) and one Bachelor unit. Additional Amenities: A shared laundry room, four enclosed garages, and beautifully maintained grounds. All units boast separate entrances, hardwood floors, and tasteful finishes throughout. The property features 100% copper piping, an upgraded electrical panel, and offers spacious, well-appointed interiors in each unit. This is an incredible opportunity for investors or an owner-user seeking a flexible living arrangement in the highly desirable area of Santa Monica. Owner-User Opportunity: The vacant 3-bedroom, 3-bathroom front unit is perfect for an owner-user, offering the flexibility to live in a spacious 2-bed Prime Santa Monica Location: Moments from the Santa Monica Pier, Venice Beach, and the vibrant local lifestyle. Modern Upgrades: Property features 100% copper piping, an updated electrical panel, a shared laundry room, four enclosed garages, and beautifully main Upside Potential: Current 5.00% cap rate and 13.06 GRM with potential to achieve 5.48% cap rate and 12.27 GRM. Spacious Units: All units are generously sized and include hardwood floors, separate entrances, and tasteful finishes. Contact us for an om
Property Details for 1330 10th Street
Zoning
SMR3*
Parcel Number4282011008
Total Units5.0
Living Area4454
Source Living AreaEstimated
AreaSanta Monica (C14)
Vacancy Rate2 units
Lot Size Area7513
LISTING UPDATED: 12/12/2024 12:13 PM
Property Details for 1330 10th Street
Status | Active |
---|---|
MLS # | 24-416825 |
Days on Market | 168 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.17 AC / 7,513 SF |
County | Los Angeles County |
Building Information for 1330 10th Street
Stories2Residences-Year Built1948Building Size-Lot Size0.17 AC / 7,513 SF
Property Information for 1330 10th Street
Property History for 1330 10th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1330 10th Street
Taxable ValueLand$2,007,933Additions$1,003,965Total$3,011,898
Tax Record2024$36,306 ($3,026 / month)
Home Facts
Total Finished SqFt2,997 SqFtAbove Grade Finished SqFt2,997 SqFtLot Size7,511 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningSMR3*CountyLOS ANGELESAPN4282-011-008
Schools near 1330 10th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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