17 bedroom house for sale

Overview

Some units have electric fireplaces

1518 10th Street is an 11 unit apartment building with 10, 080 square feet in a great Santa Monica beach location. Asking price per unit at $384, 091 and per square foot at $419 is below the average sales comps which have sold at $465, 440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Please do not disturb tenants. See Offering Memorandum for more information. For more details and to contact: https://realtyww.info/homes_santa-monica-d526236/for-sale_i69202100