1330 10Th StSanta Monica, CA 90401

  • Apartment buildings
  • 2,997 SF
For Sale
$2,695,000 View listing

Property Details for 1330 10Th St

Year built
1948
Construction
WOOD
Lot size
0.17 AC
Property size (Sq ft)
2,997 SF
Zone code
SMR3*
Property type
Apartment buildings
APN
4282-011-008
APU
4282011008

Description

This exceptional multifamily investment opportunity in Santa Monica, California, presents a fully occupied five-unit building at 1330 10th Street, boasting a desirable location within walking distance of Downtown Santa Monica. The property comprises two structures, built in 1948, totaling 4,265 square feet on a 7,510 square foot lot. The main structure is a 2+2 house with a 1+1 attic, featuring fireplaces and private patios, along with a studio unit offering a large deck. The second structure includes two 1+1 units (each 600 square feet), and a bachelor unit. All units feature separate entrances, hardwood floors, and updated amenities. The property includes four garages

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $907,453
    6.5%
    $837,649
    7%
    $777,817
  • Comparable approach

    Method
    Valuation
    Relative Method
    $882,041
    Geo Method
    $883,360
  • Alternative Use

    Use
    Valuation
    Residential
    $837,649
    Hospitality
    $767,282
    Educational
    $638,370
    Medical
    $660,324
    Retail
    $993,019

Location Insight

City
Santa Monica
County
Los Angeles
State
California
Latitude
34.0214
Longitude
-118.49
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$36,306
$2,007,933
$1,003,965
$3,011,898
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