Santa Monica, CA 90403 943 19th Street
$4,000,000
44 more
Presented By: Paul Baccino with Equity Union; 310-359-5598
SQFT • 7,180
Year Built • 1959
Home Details
A marvelous investment opportunity located in the prime city of Santa Monica! Just off the Montana Ave and 19th St intersection, this two-story 7,180-sqft building has had Soft-Story Retrofit completed per LADBS requirements, five 3-bedroom and one 2-bedroom units for a total of six units, and comes with on-site covered parking enough for 6-cars with single garages at the rear of the building. Has a massive upside in rents, great for owner user or investors to add to their portfolio. Perfectly situated down the street from Trader Joe’s, Pavilions, and the Aero Theater, plus close to a variety of trendy shops, eclectic dining, entertainment, the bustling Santa Monica Boulevard, and just minutes away from the beautiful SoCal beaches!
Presented By: Paul Baccino with Equity Union; 310-359-5598
Interior Features for 943 19th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
LivingAreaSourceAssessor
Total Stories2
Other Rooms
Entry Level1
General for 943 19th Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.39
Carport Spaces6.0
Carport Y/NYes
CitySanta Monica
Community FeaturesPark
CountyLos Angeles
DirectionsNorthwest of Santa Monica Blvd; head north bond 20th St and property is between Washington Ave and Idaho Ave
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsExchange1031
Lot Size Square Feet7995.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income175680.0
New ConstructionNo
Number Of Units Total21
Number of Units Leased6
Occupancy TypeTenant
Operating Expense45000.0
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1959
Exterior for 943 19th Street
Building Area Total7180.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark, RectangularLot
Lot Size Acres0.1835
Lot Size Area7995.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
