First Team Real Estate Logo

Santa Monica, CA 90404 1534 Euclid Street

$4,200,000

1534 Euclid Street Santa Monica, Ca - Image 11534 Euclid Street Santa Monica, Ca - Image 21534 Euclid Street Santa Monica, Ca - Image 3
40 more
1534 Euclid Street Santa Monica, Ca - Image 41534 Euclid Street Santa Monica, Ca - Image 51534 Euclid Street Santa Monica, Ca - Image 61534 Euclid Street Santa Monica, Ca - Image 71534 Euclid Street Santa Monica, Ca - Image 81534 Euclid Street Santa Monica, Ca - Image 91534 Euclid Street Santa Monica, Ca - Image 101534 Euclid Street Santa Monica, Ca - Image 111534 Euclid Street Santa Monica, Ca - Image 121534 Euclid Street Santa Monica, Ca - Image 131534 Euclid Street Santa Monica, Ca - Image 141534 Euclid Street Santa Monica, Ca - Image 151534 Euclid Street Santa Monica, Ca - Image 161534 Euclid Street Santa Monica, Ca - Image 171534 Euclid Street Santa Monica, Ca - Image 181534 Euclid Street Santa Monica, Ca - Image 191534 Euclid Street Santa Monica, Ca - Image 201534 Euclid Street Santa Monica, Ca - Image 211534 Euclid Street Santa Monica, Ca - Image 221534 Euclid Street Santa Monica, Ca - Image 231534 Euclid Street Santa Monica, Ca - Image 241534 Euclid Street Santa Monica, Ca - Image 251534 Euclid Street Santa Monica, Ca - Image 261534 Euclid Street Santa Monica, Ca - Image 271534 Euclid Street Santa Monica, Ca - Image 281534 Euclid Street Santa Monica, Ca - Image 291534 Euclid Street Santa Monica, Ca - Image 301534 Euclid Street Santa Monica, Ca - Image 311534 Euclid Street Santa Monica, Ca - Image 321534 Euclid Street Santa Monica, Ca - Image 331534 Euclid Street Santa Monica, Ca - Image 341534 Euclid Street Santa Monica, Ca - Image 351534 Euclid Street Santa Monica, Ca - Image 361534 Euclid Street Santa Monica, Ca - Image 371534 Euclid Street Santa Monica, Ca - Image 381534 Euclid Street Santa Monica, Ca - Image 391534 Euclid Street Santa Monica, Ca - Image 401534 Euclid Street Santa Monica, Ca - Image 411534 Euclid Street Santa Monica, Ca - Image 421534 Euclid Street Santa Monica, Ca - Image 431534 Euclid Street Santa Monica, Ca - Image 44
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.; 310-259-7556
  • MLS# SB24070429
  • 04/10/2024
  • Request Tour
  • Request Info
  • BedBeds • 16
  • BathBaths • 14
  • FootageSQFT • 7,580
  • GarageGarage • 2

Home Details

7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.; 310-259-7556

Interior Features for 1534 Euclid Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1534 Euclid Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.18
Carport Y/NNo
CitySanta Monica
Community FeaturesUrban
CountyLos Angeles
Days on Market
DirectionsOff of 14th St and Santa Monica Blvd
Electric Expense0.0
Entry LocationFront
Expected Active Date 2024-04-11
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income319812.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet7504.0
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income217405.0
New ConstructionNo
Operating Expense92812.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameEuclid
Tax LotG
Total Units10
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningSMR3*

Exterior for 1534 Euclid Street

Building Area Total7580.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1723
Lot Size Area7504.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $4,200,000
MLS#SB24070429
List Date 04/10/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 1534 Euclid Street

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors