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$ 2,995,000
Est. payment /mo
New
1817 Euclid Street Santa Monica, CA 90404
5,027 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,027 sqft
Price per Sqft $595
MLS Listing ID CL26862137
HOA Y/N No
Year Built 1955
Lot Size 7,488 Sqft
Acres 0.1719
Property Sub-Type Other
Property Description
Coastal Santa Monica Compound: A Rare Value-Add Opportunity. Here's your shot at a true Westside trophy: a five-unit property steps from everything that makes Santa Monica special, delivered with four of five units vacant and loaded with upside. Picture this as your own family compound. The front owner's unit lives like a true single-family home: three bedrooms, two baths, great size, fully updated, with two separate outdoor entertaining spaces perfect for indoor-outdoor California living, plus dedicated front parking. This is the kind of unit you move into and never want to leave. Behind it, you'll find beautifully updated, contemporary one-bedroom, one-bath units, with some city views, plus a spacious two-bedroom, one-bath unit, all vacant and move-in ready. One additional two-bedroom, one-bath unit is currently tenant-occupied, offering immediate rental income while you plan your next move. And speaking of upside: three separate existing spaces create the potential to add up to three ADUs, unlocking an estimated additional $65K+ per year in income. For an investor or owner-user looking to maximize value, this is about as good as it gets. Location, location, location. You're 13 blocks to the sand, minutes from the shops and restaurants along Pico and Ocean Park, Santa Monica College, neighborhood parks, tennis courts, and sports fields. Hop on the freeway easily, catch the farmers' market, or stroll to Main Street and the 3rd Street Promenade. Venice's Rose Avenue and Abbot Kinney are just south; Wilshire and Montana are just north. UCLA and Providence St. John's Medical Center are both close by. With the Expo Line only about five blocks away, this property falls within the half-mile transit zone eligible for major development under SB 79. This is a rare combination of lifestyle, location, and long-term upside. Opportunities like this move fast. Schedule your showing today.
Location
State CA
County Los Angeles
Zoning SMR2*
Interior
Heating Wall Furnace, Other
Fireplace No
Appliance Dryer
Laundry Common Area, Dryer, Laundry Room, Washer
Exterior
View Y/N true
View City Lights
Building
New Construction No
Others
Tax ID 4283029003
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Listed by Thomas Swanson • Exclusive Realty Inc