840 18th Street Pending

Santa Monica,CA 90403

$ 4250000

- Bed

0 Bath

9927 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 9,927 sqft

Price per Sqft $428

MLS Listing ID CL25510057

Year Built 1970

Lot Size 8,009 Sqft

Property Sub-Type Other

Property Description

We are pleased to offer for sale an incredibly unique multifamily asset located at 840 18th Street in the heart of LA's famed beach city of Santa Monica. The offering presents the ultimate opportunity for an owner-user to "make it their own" and create a one of a kind 3-story luxury unit in a 7-unit building steps away from prestigious Montana Avenue. There is no doubt that this offering is the quintessential owner-user opportunity seldom available to be purchased in such a premier location on the Westside. Originally built in 1970 by the current owner's family, the building boasts an ideal unit mix consisting of large 2 and a vacant 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. The owner's unit is over 3,000 square feet (Buyer to verify) and includes 3 bedrooms, 3 bathrooms, a large living room and a den, and a full basement with an in-unit washer and dryer. There is also a very large garage with private entry into the unit. The amazing unit will be delivered vacant at the close of escrow. From an investment perspective, the property has an incredible unit mix consisting of one 3+3 owner's unit and six 2+2 units. All units have private outdoor space, large living rooms, and nicely appointed bedrooms with

Location

State CA

County Los Angeles

Zoning SMR2

Interior

Heating Wall Furnace,Other

Cooling Wall/Window Unit(s)

Building

New Construction No

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