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    2002 18th Street

    Santa Monica, CA 90404
    • $2,249,888
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: PW20177736
    Price Reduced
    $2,249,888
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,700
      SQFT
    • $833
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    All 3 units completely remodeled recently. Pride of ownership. Premier Location and Access to the I-10 Freeway. Triplex in the heart of Santa Monica. Steps from Santa Monica College. Two miles from the beach. Dense and affluent neighborhood. Value-add opportunity. Front building has two units each with their own address. Rear building is fully separate with its own address and rear gate. All units delivered without tenants. Market rent units subject to rent control however currently owner-occupied exemption in effect (search: Santa Monica Owner-Occupied Exemption, 3 units or less).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T00:32:35.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109488516
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    2002 18th Street Santa Monica, CA 90404

    • Price: $2,249,888
    • Status: Active
    • ID#: PW20177736
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,700
    SQFT
    $833
    $/SQFT
    1948
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    All 3 units completely remodeled recently. Pride of ownership. Premier Location and Access to the I-10 Freeway. Triplex in the heart of Santa Monica. Steps from Santa Monica College. Two miles from the beach. Dense and affluent neighborhood. Value-add opportunity. Front building has two units each with their own address. Rear building is fully separate with its own address and rear gate. All units delivered without tenants. Market rent units subject to rent control however currently owner-occupied exemption in effect (search: Santa Monica Owner-Occupied Exemption, 3 units or less).
    Exterior Features

    Garage Spaces 0.00 Lot Features Back YardFront YardLot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 7.00 Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 7.00 View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Laundry Features InsideOutside Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Street Lights Country Us Electric Expense 1800.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 79020.00 Gross Scheduled Income 94020.00 Insurance Expense 2200.00 Land Lease YN No Laundry YN Yes Maintenance Expense 5123.00 Net Operating Income 79020.00 New Construction YN No New Taxes Expense 18477.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 15000.00 Professional Management Expense 0.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Actual Rent 7800.00 Total Expenses 30000.00 Trash Expense 960.00 Water Sewer Expense 1440.00 Water Source Public Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Jesse Sandoval of All Pro Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T00:32:35.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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