• Call your local brokerage at 310.271.2229
For Sale:$5,099,000
$18,045/mo
Monthly Payment:
$18,045
Principal & Interest:
$18,045
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $1,019,800 down)
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1245 10th St


Santa Monica, CA 90401

Mid-City Santa Monica-Malibu Unified School District
14bed 7,512sq ft $679 / sq ft MFR
Lot Size7,517sq ft Built1960 On site74days
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This well-maintained 2-story, 11-unit garden-style apt bldg is a great investment. Most units have been renovated or remodeled, and there have been many recent building improvements. There are 8 1+1's & 3 2+1's, all with guest & linen closets + storage cabinets above the wardrobe closet. One of the 2+1's has a private patio. The rents on the 1+1's range from $722.42 - $2,495, and the 2+1's from $882.42 - 2,865.42. They are individually metered for gas & electricity, with the landlord paying for water & trash. Proforma projected rents are low for those currently achieved in the area. Therefore, the upside should be at least $106,951.68 annually (43.91%). The washer & dryer are owned. The washer & dryer are owned + there's potential additional income by renting the two private garages separately from the units they're currently leased with. It's a prime location with a Walk Score of 92 - Fine dining, shopping & entertainment are nearby.
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Last Checked For Updates: 30 minutes We update property info including price, photos, sale status and more as soon as it’s available. ago Status: Active Views: 14
MLS #16177976 , Listed on 11/06/16 by JAY HOFSTADTER, License# 00634746, JAY L. HOFSTADTER
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MLS Listing Information for 1245 10th St

Interior Features

Bathroom

  • Linen Closet
  • Low Flow Shower(s)
  • Low Flow Toilet(s)
  • Remodeled
  • Shower Over Tub

Exterior Features

Style

  • Mid Century

Lot Description

  • Near Public Transit

Yard/Grounds

  • Rain Gutters

Parking

  • 11 Parking Spaces
  • 8 Covered Spaces
  • Built-in Storage
  • Covered Parking
  • Driveway
  • Private Garage
  • Carport
  • Carport-attached
  • Garage

Roof Type

  • Composition
  • Rolled/Hot Mop

Lot Size

  • 7,517 Sq. Ft.

Siding

  • Frame
  • Stucco

Waterfront

  • Ocean Side of Freeway

# of Units

  • 5 or more

Condo Features

Building Description

  • Partial Copper Plumbing

Additional Information

County

  • Los Angeles

Zoning

  • SMR3*

Originating MLS

  • The Combined Los Angeles/Westside Multiple Listing Service
  • Inc.

Amenities

  • Built-Ins
  • Drywall Walls
  • Recessed Lighting
  • Storage Space
  • Turnkey
  • Double Hung Windows
  • Drapes/Curtains
  • Mini Blinds
  • Window Screens

Listing Broker

  • JAY L. HOFSTADTER

Assessments

  • 0

Listing Agent

  • JAY HOFSTADTER
  • License# 00634746 (Lic. #00634746)

Price History for 1245 10th St

Date Event Price Source
11/06/16 New Listing $5,099,000 CARETS

Schools Information

From Public Records
School District: Score      
Santa Monica-Malibu Unified School District
7.8
     

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This 14 bedroom Multi-Family home for sale in Santa Monica, CA is currently listed for $5,099,000. Featuring a lot size of 7,517 Sq. Ft., 1245 10th St was built in 1960 and has been on ERA.com for 74 days.

This listing is provided courtesy of JAY L. HOFSTADTER. Interested in viewing more homes for sale near 1245 10th St Santa Monica, CA 90401? You can search all Santa Monica MLS listings, find a real estate agent, get a home value estimate and more on ERA.com.
Local real estate services provided by:
Nelson Shelton Real Estate ERA Powered
Nelson Shelton Real Estate ERA Powered
355 North Canon Drive
Beverly Hills, CA 90210
Richard D Nelson, CAL BRE 01035341
310.271.2229
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Based on information from CARETS as of Wednesday, January 18, 2017 at 10:00 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.