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943 19th StreetSanta Monica, CA 90403

For Sale

$4,000,000

Smart Buyer Rebate $40,000

An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.

Listed by Paul Baccino

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License #01971933

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Equity Union

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310-359-5598

Last updated September 30, 2024

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Source: CRMLS #SR24024749

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire-Montana
  • Days on Prevu629

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$4,000,000
09/16/2024
Status changed to Removed from Feed
$4,000,000
06/13/2024
Status changed to Active
$4,000,000
03/26/2024
Status changed to Delete
$4,000,000
02/02/2024
Listed by Equity Union
$4,000,000

Property Details for 943 19th Street

Association

Amenities

  • Community Features: Gutter(s)

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1959
  • Common Walls: 2+ Common Walls
  • Entry Level: 1

Measurements

  • Building Area Total: 7,180
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 7,997
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,997
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $205,200.00
  • Operating Expense: $45,000.00

Taxes

  • Parcel Number: 4277011021

Other

Location

  • Tax Block: 14
  • Tax Lot: 21

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.