1534 EUCLID ST
SANTA MONICA, CA 90404
$4,200,000
N/A Beds
0 Baths
7,580 Sq Ft
Status Active
MLS# SB24070429
7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.
Details for 1534 EUCLID ST
Built in 1965
$554 / Sq Ft
2 parking spaces
50 Days on website
0.1723 acres lot
Area Information for 1534 EUCLID ST
