1534 Euclid Street
Santa Monica, CA 90404

  • – beds
  • – baths
  • – sqft
  • 7,504 sqft lot
  • 1965 build
  • on site

7/10 Units are vacant and renovation ready! After building ADUs and rehabbing for $430k, a buyer can stabilize this at a 6.25% CAP and 13.13 GRM which includes the cost of renovation and building ADUs. 1534 Euclid St provides an investor with the opportunity to own a trophy asset in a desirable pocket of Santa Monica, while also picking their own tenants! The subject property is comprised of (1) 2Bed+2Bath, (3) 2Bed+1Bath, (5) 1Bed+1Bath and (1) Studio+1Bath units. Additionally, there is an opportunity to build (2) ADUs for added income. There are 13 parking spaces on site, as well as a common laundry area. 1534 Euclid St is conveniently located just minutes away from Third Street Promenade, Santa Monica Airport, Miramar Hotel, and many more developments. With an A+ location and ideal curb appeal, the subject property is ideal for any investor looking for immediate upside and an ADU opportunity.

California Regional MLS logo Listed By CRMLS_CA / Cameron Samimi / Lyon Stahl Investment Real Estate, Inc. / 310-259-7556

Last checked: Checking… • Last updated Apr 11, 2024 •

MLS# SB24070429 —

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Sale history

Date Event Source Price % Change
4/11/24
Listed / Active CRMLS_CA $4,200,000

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$4,200,000

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Listing provided by broker:

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc.

310-259-7556

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This multifamily located in Silicon Beach, Santa Monica, CA 90404 is currently for sale for $4,200,000. 1534 Euclid Street is a – square foot multifamily with – beds and – baths that has been on Estately for 21 days. 1534 Euclid Street is in the Silicon Beach neighborhood of Santa Monica and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Lincoln Middle School, Santa Monica High School, and Mckinley Elementary School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 00:01 on May 02.

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