$2,175,100
+$1001547 Euclid Street, Santa Monica CA 90404
Multi-Family (9 Units)
Property type
823 days
On market
$296
Price per sqft
3 cars
Garage
1960
Year built
7,490 sqft
Lot size
Home highlights
Open Houses
Overview
Probate Sale – Court Confirmation Required Well-located 9-unit apartment building in the highly desirable Santa Monica market. Situated on a clean street surrounded by similar multifamily properties, this asset offers strong rental demand and long-term investment potential. Unit mix includes one (1) 3-bed/2-bath, one (1) 2-bed/1.5-bath, and seven (7) 1-bed/1-bath...
Listing provided by: Michael Johnson DRE #00886898 562-925-1111, Realty Executives All Cities
Listing updated: Apr 1, 2026 at 04:38am.
Last checked: Jun 14, 2026 at 05:00am
Source: CRMLS #RS24052918
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $614 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $800 | $800 | $2,400 | Unfurnished |
| 1 | 3 | 3 | — | $3,000 | $3,000 | $4,000 | Unfurnished |
| 1 | 1 | 1 | — | $780 | $780 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $679 | $679 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $899 | $899 | $2,400 | Unfurnished |
| 1 | 2 | 2 | — | $0 | $1,000 | $3,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
5.35%
NOI / List Price
Gross Scheduled Income: $197,496
Vacancy Allowance: $9,755
Vacancy Allowance Rate: 5%
Operating Expense: $71,445
Net Operating Income: $116,296
Annual Operating Expenses
Electric: $7,607
Gardener: $1,440
Fuel: $1,872
Insurance: $4,096
Maintenance: $3,000
New Taxes: $27,896
Professional Management: $8,556
Trash: $1,200
Water / Sewer: $6,600
Other Expense: $2,100
Interior
Cooling: None
Heating: Wall Furnace
Fireplace: Gas
Laundry: Common Area
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Landscaped, Street Level, Walkstreet
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Available, Sewer Connected, Water Available, Water Connected
Garage and Parking
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4282033014
Additional Parcels: No
Tax Lot: O
Zoning: SMM1*
Community
Senior Community: No
Community Features: Biking, Curbs, Park, Storm Drains, Street Lights, Sidewalks