Description
Presenting 9 units (7 existing and 2 ADUs with RTI permits) for sale at 1837-1839 Euclid Street located in the beachside enclave of Santa Monica. Ideally located in the heart of LA's vibrant Westside and just blocks from the ocean, the Euclid property was built in 1947 and maintains all the charm and character of its vintage. Featuring a great unit mix of 1 and 2 bedroom floor plans. The property has significant rental upside, as only 2 of the units have been luxuriously renovated by ownership. Additionally, the Seller will deliver the property at the close of escrow with ready to issue (RTI) permits for the addition of 2 ADUs. A quick walk to high-end dining, nightlife and the beach, this unique value add offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a turnkey asset in one of the best rental locations in all of Los Angeles.
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8BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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4,730SQFT
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$740$/SQFT
School Ratings & Info
Description
Presenting 9 units (7 existing and 2 ADUs with RTI permits) for sale at 1837-1839 Euclid Street located in the beachside enclave of Santa Monica. Ideally located in the heart of LA's vibrant Westside and just blocks from the ocean, the Euclid property was built in 1947 and maintains all the charm and character of its vintage. Featuring a great unit mix of 1 and 2 bedroom floor plans. The property has significant rental upside, as only 2 of the units have been luxuriously renovated by ownership. Additionally, the Seller will deliver the property at the close of escrow with ready to issue (RTI) permits for the addition of 2 ADUs. A quick walk to high-end dining, nightlife and the beach, this unique value add offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a turnkey asset in one of the best rental locations in all of Los Angeles.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-02T16:43:24.167. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.