35
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$2,565,000
$2,675,000 4.1%
Est. payment /mo
5 Beds
7 Baths
4,454 SqFt
Sold on 08/21/2025
1332 10th ST Santa Monica, CA 90401
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Key Details
Sold Price $2,565,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,454 sqft
Price per Sqft $575
MLS Listing ID 25506801
Bedrooms 5
Year Built 1948
Property Description
** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income and two of which are vacant. The property boasts a current cap rate of 5.29% and a GRM 12.69, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica's most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Flooring Wood
Exterior
Parking Features Door-Single, Garage
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
Listed by David Messiah Lyon Stahl Investment Real Estate, Inc.
Bought with David Messiah Lyon Stahl Investment Real Estate, Inc.
Bought with David Messiah Lyon Stahl Investment Real Estate, Inc.
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