MLS® ID: 19-447410

1846 10 Th St

Santa Monica, California, 90404

$4,499,000 Active
  • 20 Beds
  • 9076 SQFT
Many units have been remodeled and have Washer & Dryers. There is an existing assumable loan of approximately $1,950,000 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.
Read More

Listing courtesy of Marios C Savvides

Amenities

  • Zip
    90404
  • Office name
    Marios C Savvides
  • SQFT
    9076
  • Bedrooms
    20
  • Property type
    Residential Income
  • Zoning type
    SMR2*
  • Year built
    1958
  • Lot size
    11990
  • Heating
    Floor Furnace
  • Tax year
    0
  • Agent name
    Marios Savvides
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Area
    Santa Monica

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info