Price
$ 3,500,000

2521 EUCLID Street, Santa Monica, CA 90405  

2521 EUCLID Street, Santa Monica, CA 90405  

There are total of 7 units, approximately 4,071 Sq Ft building area on approximately 7,978 Sq Ft lot zoned SMR3, on the corner of Euclid Blvd and Ocean Park Blvd a few block from the Pacific ocean. This is an excellent corner lot for new multifamily condominium or apartment development opportunity. The current monthly rent income on the 7 units is $11,555 per month. The garages are rented separately and owner collects an extra $685 per month on top of $11,555 rent per month. So, total gross income is $12,240 per month or $146,880 a year.

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Listing Type
Multi-Family
Listing ID
16181856
Lot Size
7,979.00 sqft
Listing Status
Active
Year Built
1948
County
Los Angeles
Floors
0
Units
7
Zoning
SMR3*
TaxID
4284025001
Listing courtesy of Faraj Kerendian~Kerendian Properties
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    Listing Information Provided By:
    RE/MAX ESTATE PROPERTIES
    124 Washington Blvd Marina Del Rey, CA 90292-5126 | Phone: (310) 577-5300
    RE/MAX ESTATE PROPERTIES is licensed in the state of California CalBRE License #: CABRE #01879720
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.