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Listed by Steven Bogoyevac, DRE #01332755 • Steven M. Bogoyevac, Broker
$ 3,900,000
Est. payment /mo
Price Dropped by $100K
1833 19th Santa Monica, CA 90404
7,995 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26157968
Year Built 1924
Lot Size 7,995 Sqft
Source California Regional MLS
Property Description
Marcus & Millichap is pleased to present the opportunity to acquire 1833 19th Street, a five-unit apartment property in an outstanding Santa Monica rental location. Rare opportunity in this submarket for a new investor to reposition the asset and lease up at market rates. The property comprises two buildings and features a strong unit mix consisting of a spacious four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. The asset's amenities package supports rental demand: private patio and yard space, in-unit laundry, and on-site parking. Ideally located just one block from Santa Monica College, the property benefits from consistent rental demand generated by students, faculty, and tenants seeking convenient access to employment centers throughout the Westside and the Westside lifestyle. Residents enjoy quick access to the beach and the renowned dining, shopping, and entertainment destinations that make Santa Monica one of Southern California's most popular rental markets. With an outstanding current return and an exceptional location, 1833 19th Street represents a can't-miss investment opportunity.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry Other
Exterior
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 4274011014
Special Listing Condition Not Applicable
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