1444 Euclid, Santa Monica, CA 90404

Santa Monica
Local realty services provided by:ERA Carlile Realty Group
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...

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Home facts

  • Year built:1958
  • Listing ID #:SB26159465
  • Added:18 day(s) ago
  • Updated:August 11, 2026 at 11:09 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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