**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property’s location ensures a steady stream of income for potential investors.- The building’s excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica’s reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don’t miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica’s most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!
Property Details
Price:
$2,649,000
MLS #:
24446741
Status:
Active
Baths:
0
Address:
1101 Euclid Street
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Oct 7, 2024
State:
CA
ZIP:
90403
Lot Size:
5,002 sqft / 0.11 acres (approx)
Year Built:
1948
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Schools
Interior
Appliances
Dishwasher, Refrigerator
Cooling
Wall/ Window Unit(s)
Heating
Forced Air
Exterior
Parking Features
Street
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1101 Euclid Street Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90403
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1101 Euclid Street
Santa Monica, CA
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