1518 10th Street, Santa Monica, CA 90401

Local realty services provided by:ERA North Orange County Real Estate
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1518 10th Street,Santa Monica, CA 90401
$3,750,000
  • 17 Beds
  • 18 Baths
  • 10,080 sq. ft.
  • Multi-family
  • Pending
Listed by:francyne lambert
Office:lambert investments, inc.
MLS#:25535397
Source:CRMLS

Price summary

  • Price:$3,750,000
  • Price per sq. ft.:$372.02

About this home

For more information, see OFFERING MEMORANDUM. 1518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $340,909 and per square foot at $372 is below the average sales comps which have sold at $460,000 per unit and $480 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU.This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry. 10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is

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Home facts

  • Year built:1974
  • Listing Id #:25535397
  • Added:102 day(s) ago
  • Updated:August 18, 2025 at 07:47 AM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:18
  • Living area:10,080 sq. ft.

Structure and exterior

  • Year built:1974
  • Building area:10,080 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$3,750,000
  • Price per sq. ft.:$372.02
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