1444 Euclid, Santa Monica, CA 90404
Local realty services provided by:CENTURY 21 Adams & Barnes
1444 Euclid,Santa Monica, CA 90404
$2,800,000
- - Beds
- - Baths
- 6,248 sq. ft.
- Multi-family
- Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26159465
Source:CRMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$448.14
About this home
This 10-unit apartment building with two non-conforming units is located in a highly desirable pocket of Santa Monica. Built in 1958, the property consists of approximately 6,248 square feet situated on a 7,495 square foot lot. The property features an attractive unit mix of one 3-bedroom/2-bath unit, eight 1-bedroom/1-bath units, and three studio units.
Offered at a 5.75% Current CAP Rate and 11.24 Current GRM, the property presents investors with the opportunity to acquire a well-located multifamily asset at an attractive cost per unit of $280,000. The property offers exceptional income growth potential, achieving a projected 10.45% Pro Forma CAP Rate and 7.28 Pro Forma GRM.
The property includes three one-car garages and five carport parking spaces with additional driveway space, providing valuable on-site parking for tenants. Its central Santa Monica location offers convenient access to Downtown Santa Monica, the Third Street Promenade, Santa Monica Beach, major employment centers, and the area's renowned shopping and dining destinations.
Located in one of Los Angeles County's strongest rental markets, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment with strong in-place income and significant long-term upside potential....
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Home facts
- Year built:1958
- Listing ID #:SB26159465
- Added:49 day(s) ago
- Updated:September 11, 2026 at 10:58 AM
Rooms and interior
- Living area:6,248 sq. ft.
Structure and exterior
- Year built:1958
- Building area:6,248 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$448.14
Parking
- Total parking spaces:11
- Parking description:5 Carport Space(s)
- Garage:Yes
- Garage spaces:3
- Carport spaces:5
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