848 18th St | Santa Monica, CA 90403
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- LoopNet Team
848 18th St
Santa Monica, CA 90403
Multifamily Property For Sale · 7 Units
Investment Highlights
- Trophy Asset in a Prime Location
- All XL 2+2s - Upside in rents
- Individually metered, new roof in 2018, 100% copper, property well maintained
- 100% occupied, new September rents applied *
- Newly gated, EQ retrofit complete
- Separate entrances, balconies, w/d in 3 units, laundry room income for rest
PROPERTY FACTS
| No. Units | 7 | Building Size | 9,318 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Lot Size | 0.18 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 9,318 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1962 |
| Parking Ratio | 0.97/1,000 SF |
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Granite Countertops
- Island Kitchen
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 7 | - | 1,250 - 1,450 |
PROPERTY TAXES
| Parcel Number | 4277-008-010 | Improvements Assessment | $750,540 |
| Land Assessment | $3,538,265 | Total Assessment | $4,288,805 |
PROPERTY TAXES
Parcel Number
4277-008-010
Land Assessment
$3,538,265
Improvements Assessment
$750,540
Total Assessment
$4,288,805
zoning
| Zoning Code | SMR2* |
| SMR2* |
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