Properties
Santa Monica, CA 90403 943 19th Street
$4,000,000
44 more
Presented By: Paul Baccino with Equity Union; 310-359-5598
Baths • 2
SQFT • 7,180
Garage • 2
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/NYes
Common WallsNoCommonWalls
FlooringLaminate
Interior AmenitiesBuiltInFeatures, Balcony, CeilingFans
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 943 19th Street
Additional Parcels Y/NNo
AppliancesDishwasher, FreeStandingRange, GasOven, GasRange, Microwave
Building Area UnitsSquareFeet
Cap Rate4.5
Carport Spaces4
Carport Y/NYes
CitySanta Monica
Community FeaturesSidewalks, Park
ContingencySale contingent on the sellers finding a replacement property
CoolingWallWindowUnits
CountyLos Angeles
DirectionsNorthwest of Santa Monica Blvd; head north bond 20th St and property is between Washington Ave and Idaho Ave
DisclosuresRentControl
Electric Expense1440
Entry Location1
Fuel Expense960
Garage Spaces2
Garage Y/NYes
Gross Income220680
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsExchange1031
Lot Size Square Feet7995
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
Net Operating Income182280
New ConstructionNo
Number Of Units Total6
Operating Expense45000
Pool FeaturesNone
PostalCitySANTA MONICA
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot21
Trash Expense12000
Water Sewer Expense0
Year Built1959
Year Built SourceAssessor
ZoningSMR2*
Exterior for 943 19th Street
Building Area Total7180
Lot FeaturesNearPark, RectangularLot
Lot Size Acres0.1835
Lot Size Area7995
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters7
Number of Separate Water Meters0
Parking FeaturesAttachedCarport, Carport, Garage
Private PoolNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
