1847 18th, Santa Monica, California 90404
(Sold At) $1,069,000Property Details
Property Description
HUGE Sunset Park Triplex corner lot! The income is UP, price is DOWN, interest rates are DOWN & additional upgrades made to the property. Building has undergone recent extensive interior & exterior improvements including copper plumbing in all three units, complete electrical system upgrade, refinished original hardwood floors, & renovations inside & out. Rare large triplex with beautiful owner unit that could either be delivered rented or vacant. Great tenants. Hardwood floors in all three units. Front & private back grass yards with room to expand into a four-or-more-plex. Three private garages are rented out. Triplexes may be exempt from SM rent control (consult w/ city). Steps away from approved Expo line station planned at 17th/ Colorado. Property is in excellent condition on a tenant desirable, safe & profitable location north of Santa Monica College.
Property Highlights
3 Units / Triplex
Quiet
No Rent Control if Occupied
Cash Flows
French Doors
Owner User
Upside
Investment
Location
1847 18th, Santa Monica, California 90404
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