Listing provided courtesy of Marios Savvides of Marios C Savvides. Last updated 2019-07-03 09:43:57.000000. Listing information © 2024 CLAW.

Asking Price: $4,499,000

1846 10TH, Santa Monica CA 90404

Community: ​Santa Monica

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This property was built in 1958 and is priced at $4,499,000. Please see the additional details below.
  • 9,076 Sq Ft
  • 10 bathrooms
  • 20 bedrooms
  • MLS#: 301580742851
  • Type:
  • Year Built: 1958
Many units have been remodeled and have Washer & Dryers. There is an existing assumable loan of approximately $1,970,000 fixed at 3.29% with monthly payments of $9,183.31 until 4/1/2021, 6-month LIBOR + 2.25 adjustable thereafter with a lifetime interest cap rate of 9.5%. Monthly garage/laundry income is about $225. Cap rate at projected rents is 5.4% and current Cap rate is 3.8%. Buyer must cooperate with Seller in a 1031 tax exchange at no cost or liability to Buyer. Inside units with accepted offer.

Call or Email David Bailey now to inquire about this property

310-850-2107