UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
Rooms information : Kitchen,Living Room,Main Floor Bedroom,Main Floor Primary Bedroom,Primary Bathroom,Walk-In Closet
Electric: Electricity - On Property
Sewer: Public Sewer
Water Source: Public
Carport Spaces: 9.00
# of Parking Spaces: 9.00
Accessibility Features: 36 Inch Or More Wide Halls,See Remarks
Lot Features: Front Yard,Landscaped,Level with Street,Lot 6500-9999,Level,Near Public Transit
Road Frontage: City Street
Road Surface: Alley Paved,Paved
Parcel Identification Number: 4725013025
Heating: Has Heating
Heating Type: Wall Furnace
Architectural Style : See Remarks
Flooring: See Remarks,Wood
Year Built Source: Assessor
Fireplace Features : Bath,Dining Room,Kitchen,Living Room,Patio,Electric,Gas
Common Walls: 2+ Common Walls
Appliances: Free-Standing Range,Disposal,Gas & Electric Range,Microwave,Refrigerator
Laundry Features: Common Area
Laundry: Has Laundry
Inclusions :Most units include refrigerator, oven/store and microwave.
Exclusions:Apt 6 owns their refrigerator and microwave, Apt 1 owns their microwave.
Zoning: SMR2
MLSAreaMajor: C14 - Santa Monica
Street Address: 1523 18th St
City: Santa Monica
State: California
Postal Code: 90404
County: Los Angeles
MLS Number: SB24030349
Year Built: 1976
Courtesy of Capital RE Group
City: Santa Monica
State: California
Postal Code: 90404
County: Los Angeles
MLS Number: SB24030349
Year Built: 1976
Courtesy of Capital RE Group
Courtesy of The Agency
