FOR SALE
1518 10th St
Santa Monica, CA 90401
Downtown/Third Street Promenade
17 Beds
18 Baths
10,080 sqft
- 17 Beds
- 18 Baths
- 10,080 sqft
17 Beds
18 Baths
10,080 sqft
Local Information
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Description
1518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Monica Unified School District and close to Santa Monica College. Centrally situated between Santa Monica's happening office parks. Close proximity to the new Metro Station and within a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Marina Del Rey, Venice Beach, Playa Del Rey and Playa Vista. Please do not disturb tenants.
Home Highlights
Parking
17 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$414
Listed
100 days ago
Home Details for 1518 10th St
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 17Number of Bathrooms: 18 |
Dimensions and Layout Living Area: 10080 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Exterior Features |
|---|
Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 17Parking: Subterranean,Tandem |
Days on Market |
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Days on Market: 100 |
Property Information |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
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Price List Price: $4,175,000Price Per Sqft: $414 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Santa Monica |
Agent Information |
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Listing Agent Listing ID: 23-329815 |
Building |
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Building Area Building Area: 10080 Square Feet |
Lot Information |
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Lot Area: 7487.964 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 23-329815 |
Last check for updates: about 11 hours ago
Listing courtesy of Francyne Lambert DRE # 00827267, (310) 720-9299
Lambert Investments, Inc., (310) 453-9656
Source: CLAW, MLS#23-329815
Price History for 1518 10th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/05/2024 | $4,175,000 | PriceChange | CLAW #23-329815 |
| 01/19/2024 | $4,225,000 | Listed For Sale | CLAW #23-329815 |
| 01/11/2024 | ListingRemoved | CLAW #23-329815 | |
| 11/08/2023 | $4,299,000 | Listed For Sale | CLAW #23-329815 |
| 10/05/2023 | ListingRemoved | CLAW #23-239247 | |
| 07/14/2023 | $4,429,000 | Listed For Sale | CLAW #23-239247 |
| 06/28/2023 | ListingRemoved | CLAW #23-239247 | |
| 05/09/2023 | $4,495,000 | PriceChange | CLAW #23-239247 |
| 02/28/2023 | $4,525,000 | PriceChange | CLAW #23-239247 |
| 02/06/2023 | $4,625,000 | Listed For Sale | CLAW #23-239247 |
| 07/21/2019 | $4,495,000 | ListingRemoved | Agent Provided |
| 03/25/2019 | $4,495,000 | Listed For Sale | Agent Provided |
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Comparable Sales for 1518 10th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $3,000,000 | 01/11/24 | 14 | 10 | 7,280 | |
0.30 | Multi-Family Home | $5,220,000 | 03/18/24 | 16 | 16 | 15,621 | |
0.37 | Multi-Family Home | $3,500,000 | 09/25/23 | 16 | 18 | 7,248 | |
0.70 | Multi-Family Home | $3,700,000 | 06/12/23 | 17 | 14 | 8,762 | |
0.27 | Multi-Family Home | $3,100,000 | 06/20/23 | 9 | 7 | 5,387 | |
0.88 | Multi-Family Home | $4,400,000 | 09/18/23 | 16 | 16 | 8,930 | |
0.89 | Multi-Family Home | $3,700,000 | 09/20/23 | 15 | 13 | 8,616 | |
0.79 | Multi-Family Home | $4,518,000 | 09/29/23 | 12 | 12 | 8,348 | |
0.29 | Multi-Family Home | $2,220,000 | 03/18/24 | 8 | 6 | 3,462 | |
0.54 | Multi-Family Home | $2,400,000 | 04/01/24 | 8 | 8 | 5,388 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Downtown/Third Street Promenade
- Nate Stevens
- Resident
- 2mo ago
"Great place to live if you want to be in the mix, but I would not recommend it at all if you have young kids or are uncomfortable with homeless interactions. Love living here, but the homeless situation is incredibly obnoxious. "
- Trulia User
- Visitor
- 2y ago
"Looks good. It’s a nice developed area. Very desirable & vibrant night life. Close to all important Los Angeles attractions . Excellent Beaxh & pier. Need to address the traffic issue. A few more years & it will get excellent rating"
- Trulia User
- Resident
- 2y ago
"The homeless community is unfortunate but it’s quiet for the most part. Just not the safest to live alone "
- Trulia User
- Visitor
- 2y ago
"It’s the friendliest neighborhood in Santa Monica. I don’t live there - but several of our friends do (I live in mid-city SM). sunset Park is my favorite section of the city though."
- Richie U.
- Resident
- 3y ago
"We use to have Twilight Concert Series. This is a series of free concerts once every week during the summer."
- Casey V.
- Resident
- 3y ago
"Very close to Santa Monica Pier, with restaurants and shops within walking distance. Metro is near; but loud. New high rises being built so there will be a lot more traffic here soon."
- Trulia User
- Resident
- 4y ago
"Most people who live in this neighborhood have a dog or two. Great for socializing your own pet. The proximity to palisades park, the beach, and boardwalk is also nice for walking. "
- Michaelkucera
- Resident
- 4y ago
"Parks and walkways are easy to find and navigate. There are a lot of dog parks and pet friendly buildings"
- Nash
- Resident
- 4y ago
"Don’t know. It’s hard to get out when you’re getting attacked left and right from homeless people. Something needs to be done to help this city and the people who pay a lot of rent to feel safe in their own neighborhood "
- Brian B.
- Resident
- 4y ago
"Dogs are a poison for most people here. It's a safe place for them to walk, and it's the best social networking tool available. "
- Colleen O.
- Resident
- 4y ago
"This neighborhood is buzzy! There’s always something to do and someplace to go. All within walking distance"
- Dominic H.
- Resident
- 4y ago
"Please no more dogs. The ground smells of your dogs wee especially when it doesn’t rain much here!!!"
- Jennifer O.
- Prev. Resident
- 4y ago
"Third Street Promenade and city of Santa Monica put on community events. Very supportive of SaMo businesses. "
- Kristian B.
- Visitor
- 4y ago
"Close to everything. Completely walkable. Great restaurants. Close to beach. Easy to find things to do."
- Bbaughman88
- Resident
- 4y ago
"Other dog owners, plenty of disposable bag units for waste, beach near by, some dog friendly restaurants and pet supply shops."
- Kristin K
- Resident
- 5y ago
"Nice to stroll the baby around and take him to play at indoor playground at mall food court. But have to cover baby’s ears when sirens pass bye. It’s safe during the day but not at night. There are a lot of homeless people. "
- Larrymuhlstein
- Resident
- 5y ago
"It's full of tourists, full of things to do, and on the ocean. Easy to get downtown using the train. Lots of energy."
- Haaatt
- Resident
- 5y ago
"I work outside of the city and have to drive. It is easy to walk or cycle if you work in Santa Monica."
- Andrea O.
- Resident
- 5y ago
"The diversity of the people, the proximity to the beach and the 3rd street promenade where shopping is great"
- Justina S.
- Resident
- 5y ago
"It’s like a small city, you have all the services and easily accessible. It’s safe, clean and green."
- Tmckean
- Prev. Resident
- 5y ago
"Constant police activity. Fighting neighbors and loud music. Drunks outside and empty alcohol containers all over "
- Brian B.
- Resident
- 5y ago
"Great neighbors and wonderful convenience for restaurants, stores, etc. Unfortunately, the streets aren't safe at night. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Francyne Lambert, Lambert Investments, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1518 10th St, Santa Monica, CA 90401 is a 17 bedroom, 18 bathroom, 10,080 sqft multi-family built in 1974. 1518 10th St is located in Downtown/Third Street Promenade, Santa Monica. This property is currently available for sale and was listed by CLAW on Jan 19, 2024. The MLS # for this home is MLS# 23-329815.