1311 EUCLID ST

SANTA MONICA, CA, 90404

$5,895,000

$567 per ft²
$5,895,000
$567 per ft²
Active
Active
 - For Sale
beds
17 Beds
baths
17 Baths
carpenters-square
10,384 ft²
property_type
Multi-family
calendar
Built 1968
Price Reduced! 1311 Euclid Street is a beautifully renovated 11-unit apartment building in Prime Santa Monica, just south of Wilshire. Boasting an incredible unit mix of large 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. Almost every unit has been extensively remodeled with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. On top of the building's clean condition, the pricing metrics are the some of the most attractive of any multi-family property in Santa Monica: 14.54 GRM, 4.48% cap rate, $535,909 per unit, and $567.33 per square foot. And there is still 20% upside in rents. The building is fully occupied, so please do not disturb the tenants. Contact listing agent for a detailed OM. Loan Amount - $2,669,420 Interest Rate - 4.56% I/O
MLS® ID:
22-131659
Listed:
2/27/22
Updated:
3/30/23
Compass
Megan Whalen Team
Mobile: (310) 613-1102Email: megan@meganwhalen.com

Interior Features

Total Bedrooms
17
Total Bathrooms
17
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
7,492 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
None
Parking Total
11.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
SMR3*

Property History

Date
Event
Price
Value
9/7/22
Active Under Contract
-
-
9/12/22
Active
-
-
11/3/22
Price Change
$5,995,000
0%
12/19/22
Active
-
-
11/28/22
Active Under Contract
-
-
11/28/22
Active
-
-
12/13/22
Active Under Contract
-
-
2/10/23
Price Change
$5,895,000
-1%

Courtesy of RE/MAX One, Chase Simonton,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Megan Whalen Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/30/23

Compass
Megan Whalen Team
Mobile: (310) 613-1102Email: megan@meganwhalen.com
Contact