1518 10th St
Santa Monica, CA 90401
17 Beds18 Baths10,080 Sq Ft193 Days on Market
For Sale $4,175,000
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Courtesy of Lambert Investments, Inc.
Listing Agent & Comments
Francyne Lambert • Lambert Investments, Inc.
310-453-9656 • francyne@lambertinc.com License #008272671518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Monica Unified School District and close to Santa Monica College. Centrally situated between Santa Monica's happening office parks. Close proximity to the new Metro Station and within a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Marina Del Rey, Venice Beach, Playa Del Rey and Playa Vista. Please do not disturb tenants.
Listing Broker Offer of Compensation is 2%.*
MLS# 23329815 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Living Area | 10,080 Sq.Ft. |
---|---|
Lot Size | 7,488 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 17 |
Bathrooms | 18 |
Stories | 2 |
Year Built | 1974 |
Property Type | Multi Family |
Zoning | SMR3* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $14,470 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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More Information On This Home
This home's estimated value
$3,942,312
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage
1518 10th St., Santa Monica, CA 90401
Multi Family17 Beds18 Baths10,080 Sq Ft193 Days on Market
Listing Agent & Comments
Francyne Lambert • Lambert Investments, Inc.
310-453-9656 • francyne@lambertinc.com License #008272671518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Monica Unified School District and close to Santa Monica College. Centrally situated between Santa Monica's happening office parks. Close proximity to the new Metro Station and within a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Marina Del Rey, Venice Beach, Playa Del Rey and Playa Vista. Please do not disturb tenants.
Listing Broker Offer of Compensation is 2%.*
MLS# 23329815 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Living Area | 10,080 Sq.Ft. |
---|---|
Lot Size | 7,488 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 17 |
Bathrooms | 18 |
Stories | 2 |
Year Built | 1974 |
Property Type | Multi Family |
Zoning | SMR3* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $14,470 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $4,175,000
Request tour
Save
Courtesy of Lambert Investments, Inc.
1518 10th St
Santa Monica, CA 90401
17 Beds18 Baths10,080 Sq Ft193 Days on Market
Listing Agent & Comments
Francyne Lambert • Lambert Investments, Inc.
310-453-9656 • francyne@lambertinc.com License #008272671518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Monica Unified School District and close to Santa Monica College. Centrally situated between Santa Monica's happening office parks. Close proximity to the new Metro Station and within a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Marina Del Rey, Venice Beach, Playa Del Rey and Playa Vista. Please do not disturb tenants.
Listing Broker Offer of Compensation is 2%.*
MLS# 23329815 • Data provided by CRMLS
*This offer of compensation is only eligible for participants of the MLS where the listing was filed.
Living Area | 10,080 Sq.Ft. |
---|---|
Lot Size | 7,488 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 17 |
Bathrooms | 18 |
Stories | 2 |
Year Built | 1974 |
Property Type | Multi Family |
Zoning | SMR3* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $14,470 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,942,312
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $4,175,000
Request tour
Save
Courtesy of Lambert Investments, Inc.