$2,700,000

1824 10th Street, Santa Monica, CA 90404

3,225 sqft

other
Built in 1952
7,405sqft lot
—— car garage
$837/sqft
Listed 9 days ago

Property Description

5 LARGE & PRIVATE OUTDOOR SPACES with LOTS OF LIGHT make this a Gem for owners and renters alike. In a sea of box like rental units the discerning buyer and renter will choose this property every time!... Newly offered at a 5.5% Cap rate and 12.88GRM, this turn-key 6-unit is an exceptional value for the investor that wants a stand out product in a desirable market. Expertly managed and maintained inside and out with upgraded interiors and curated exteriors; the current owners have ensured ease of ownership. A fully permitted ADU has been added to the property so to further capture high area rents. This is a most attractive asset for todays post Covid renters who are willing to pay a premium for modern conveniences with quiet, private and light filled outdoor space. Due to its unique appeal this property should continue to provide stable returns for its lucky new owner!!!

Listing Status:: Active
Date Added:: October 30, 2025 at 05:00AM
Listing Office:: Berkshire Hathaway HomeServices California Properties : 310-207-7080
Listing Agent:: Christopher Newell : 310-993-9213
MLS ID:: CL25612851

Appliances: Dryer
Laundry: DryerWasher
Heating: Electric

Parking: AssignedOther

County: Los Angeles

Zoning: SMR24283022006
View: None

This listing courtesy of Christopher Newell, Berkshire Hathaway HomeServices California Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.65 miles away

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.65 miles away

Santa Monica High School

601 Pico Blvd, Santa Monica, CA, 90405

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.