Santa Monica, CA 90403 943 19th Street

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Presented By: Paul Baccino with Equity Union; 310-359-5598
  • MLS# SR24024749
  • 02/02/2024
  • Request Tour
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  • BedBeds • 17
  • BathFull/Half Baths • 6 / 6
  • FootageSQFT • 7,180
  • GarageGarage • 4

Home Details

An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
Presented By: Paul Baccino with Equity Union; 310-359-5598

Interior Features for 943 19th 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 943 19th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySanta Monica
Community FeaturesGutters
CountyLos Angeles
Days on Market80
DirectionsNorthwest of Santa Monica Blvd; head north bound 20th St and property is between Washington Ave and Idaho Ave
Electric Expense1440.0
Entry LocationNone
Fuel Expense960.0
Garage Spaces4.0
Garage Y/NYes
Gross Income205200.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense22680.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsItem1031Exchange
Lot Size Square Feet7997.0
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income160200.0
New ConstructionNo
Operating Expense45000.0
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
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name19th
Tax Lot21
Tenant PaysAllUtilities
Total Units6
Trash Expense12000.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningSMR2*

Exterior for 943 19th Street

Building Area Total7180.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1836
Lot Size Area7997.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $4,000,000
MLS#SR24024749
List Date 02/02/2024
Property Type Multi-Family
Phone 714.964.3311
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