search LA homes
More Search Options
  1. Property Video (PT-374)
  2. Community Association (PT-239)

2521 Euclid Street
Santa Monica, CA 90405


Request a Showing

Property Remarks

There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a year.

Property Details

MLS#
16181856
Days on Market
360
Year Built
1948
Building/Living Area (sq ft)
4,071
Source of SqFt
Vendor Enhanced
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Santa Monica (C14)

Presented By:

Listing provided courtesy of Faraj Kerendian , Kerendian Properties


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Additional Property Details

Number of Units
7
Parking Spaces
5
Number of Buildings
2
Gross Operating Income
$146,880
Total Expense
$55,700
ADA Compliance
No

AC/Cooling
Window Unit(S)
Heating
Wall Gas
Parking
Carport

Coastal Los Angeles

Coastal Los Angeles  Santa Monica, Malibu and Surrounding Areas  

The strikingly beautiful Pacific Ocean is the backdrop for these communities which each offer a unique take on ocean-centric living from laidback Malibu to entrepreneurial Santa Monica, elegant Pacific Palisades, and creative Venice.  

Santa Monica represents the epitome of the Southern California beach lifestyle. This seaside location has been featured so frequently in movies and television shows that it may seem instantly familiar.  Santa Monica’s real estate is as varied as its citizenry. There are a variety of homes for sale, from beachy bungalows to new construction luxury homes. Condominiums are also available and there are many multi-unit apartment complexes with units for both sale and rent. 

Malibu is an idyllic beach community with miles of scenic coastline and wooded hills and canyons that offer a chance to reconnect with nature. Despite its worldwide renown, Malibu still offers the feel of a small town where people know and care about each other. Known locally as the ‘Bu, much of Malibu is arrayed along a long curving stretch of Pacific Coast Highway and many of the most expensive properties sit directly on the beach with Carbon Beach being especially known for beautiful and very expensive real estate. Malibu Colony is a gated community that offers estate properties, many with expansive ocean views. Malibu real estate also extends into the surrounding hills and canyons where properties often have larger lots and feature ocean views. 

Surrounding areas include Pacific Palisades, Topanga, Marina del Rey, and Venice.

Community Explorer

Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

The information being provided by SoCalMLS® and/or CARETS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or associate who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2017 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2017 CARETS®. All Rights Reserved.

Property Picks