1118 15th St.
Santa Monica — 5 units / 5,335 sf building
Listing Agent: Celia Gonzalez, Coldwell Banker Envision
Units
5
Building Size
5,374 sf
Lot Size
7,995 sf
Status
Active
Listing Agent: Steven Bogoyevac, Steven M. Bogoyevac, Broker
Santa Monica
About This Property
Marcus & Millichap is pleased to present the opportunity to acquire 1833 19th Street, a five-unit apartment property in an outstanding Santa Monica rental location. Rare opportunity in this submarket for a new investor to reposition the asset and lease up at market rates. The property comprises two buildings and features a strong unit mix consisting of a spacious four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. The asset’s amenities package supports rental demand: private patio and yard space, in-unit laundry, and on-site parking. Ideally located just one block from Santa Monica College, the property benefits from consistent rental demand generated by students, faculty, and tenants seeking convenient access to employment centers throughout the Westside and the Westside lifestyle. Residents enjoy quick access to the beach and the renowned dining, shopping, and entertainment destinations that make Santa Monica one of Southern California’s most popular rental markets. With an outstanding current return and an exceptional location, 1833 19th Street represents a can’t-miss investment opportunity.
Unit Mix
Neighborhood
This property is located in Santa Monica. Want to learn more about the area?
Explore CommunitiesAsking Price
$3,000,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Steven Bogoyevac
Steven M. Bogoyevac, Broker