1518 10th St
Santa Monica, CA 90401

17 Beds
18 Baths
10,080 Sq Ft
193 Days on Market

For Sale $4,175,000
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Courtesy of Lambert Investments, Inc.

Listing Agent & Comments

Francyne LambertLambert Investments, Inc.
310-453-9656francyne@lambertinc.com License #00827267
1518 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.
Additional home details
Living Area10,080 Sq.Ft.
Lot Size7,488 Sq.Ft.
Total Rooms--
Bedrooms17
Bathrooms18
Stories2
Year Built1974
Property TypeMulti Family
ZoningSMR3*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$14,470
Property in Flood Zone--
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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.
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HouseCanary, Inc. Brokerage

1518 10th St., Santa Monica, CA 90401

Multi Family
17 Beds
18 Baths
10,080 Sq Ft
193 Days on Market

Listing Agent & Comments

Francyne LambertLambert Investments, Inc.
310-453-9656francyne@lambertinc.com License #00827267
1518 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.
Additional home details
Living Area10,080 Sq.Ft.
Lot Size7,488 Sq.Ft.
Total Rooms--
Bedrooms17
Bathrooms18
Stories2
Year Built1974
Property TypeMulti Family
ZoningSMR3*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$14,470
Property in Flood Zone--
We’ll connect you with top agents in your area.
Missing property details data
This property is missing data for:
Comparable properties and rental estimate
New
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house
For Sale $4,175,000
Request tour
Save
Courtesy of Lambert Investments, Inc.
1518 10th St
Santa Monica, CA 90401

17 Beds
18 Baths
10,080 Sq Ft
193 Days on Market

Listing Agent & Comments

Francyne LambertLambert Investments, Inc.
310-453-9656francyne@lambertinc.com License #00827267
1518 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.
Additional home details
Living Area10,080 Sq.Ft.
Lot Size7,488 Sq.Ft.
Total Rooms--
Bedrooms17
Bathrooms18
Stories2
Year Built1974
Property TypeMulti Family
ZoningSMR3*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$14,470
Property in Flood Zone--
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.
Missing property details data
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $4,175,000
Request tour
Save
Courtesy of Lambert Investments, Inc.