1833 19th, Santa Monica, CA 90404
- $3,500,000
Listing courtesy of Listing Agent: Steven Bogoyevac (steve.bogoyevac@marcusmillichap.com) from Listing Office: Steven M. Bogoyevac, Broker.
- List Price
- $3,500,000
- Status
- ACTIVE
- Days on Market
- 54
- Price Change
- ▼ $400,000 1788298708
- MLS#
- PW26157968
- Subtype
- Residential Income
- Year Built
- 1924
- Lot Size
- 7,995
- Acres
- 0.18
- MLS Area Major
- Santa Monica (C14)
Property Description
Marcus & Millichap is pleased to present the opportunity to acquire 1833 19th Street, a five-unit apartment property in an outstanding Santa Monica rental location. Rare opportunity in this submarket for a new investor to reposition the asset and lease up at market rates. The property comprises two buildings and features a strong unit mix consisting of a spacious four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. The asset’s amenities package supports rental demand: private patio and yard space, in-unit laundry, and on-site parking. Ideally located just one block from Santa Monica College, the property benefits from consistent rental demand generated by students, faculty, and tenants seeking convenient access to employment centers throughout the Westside and the Westside lifestyle. Residents enjoy quick access to the beach and the renowned dining, shopping, and entertainment destinations that make Santa Monica one of Southern California’s most popular rental markets. With an outstanding current return and an exceptional location, 1833 19th Street represents a can’t-miss investment opportunity.
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Additional Information
- Pool Type
- None
- Garage Spaces
- 5
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.