Listing provided courtesy of Christopher Newell of Berkshire Hathaway HomeServices California Properties. Last updated 2025-11-10 09:11:40.000000. Listing information © 2025 Sandicor.
Asking Price: $2,700,000 |
1824 10th, Santa Monica CA 90404
Community: C14 - Santa Monica
This property was built in 1952 and is priced at $2,700,000. Please see the additional details below.
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!!!
