1258 Euclid St, Santa Monica, CA 90404
SOLDMAR 22, 2024

1258 Euclid St
Santa Monica, CA 90404

Downtown/Third Street Promenade
  • 6 Beds
  • 5 Baths
  • 3,190 sqft
  • 6 Beds
  • 5 Baths
  • 3,190 sqft

$2,298,000

Last Sold: Mar 22, 2024
2% below list $2.35M
$720/sqft
Est. Refi. Payment $14,663/mo*

Homes for Sale Near 1258 Euclid St

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 22, 2024
Welcome to 1258 Euclid Street, a unique investment opportunity in the heart of Santa Monica. This property showcases a beautifully remodeled 2-bedroom front house adorned with a classic white picket fence and an inviting front garden, setting the stage for a serene and stylish living experience. Additionally, this property boasts three independent 1-bedroom units, each a cozy retreat complete with its washer/dryer. These charming cottages offer privacy and comfort, embodying the essence of snug and quaint living. This multi-unit sits on a generous 7,502 SF lot under versatile and rare SMR3 zoning. It presents redevelopment potential and opportunities for accessory dwelling units (ADUs). It's an investor's canvas, ideal for maximizing residential space and potential income. One of the units, 1 bed/1 bath plus small den, will be delivered vacant. It is excellent for an owner/user to live in one of the units to offset the mortgage payments or get passive income. This property is ripe with possibilities. It is an excellent option for 1031 exchange clients looking to park and grow their money. Residents enjoy swift access to the sun-kissed beaches, the bustling 3rd Street Promenade, and the vibrant amenities in downtown Santa Monica. The proximity to the World's Largest V3 Tesla Supercharging Station, UCLA Health Center, trendy restaurants, cafes, and shopping makes this an ideal location for future value growth. Easy access to the freeway and metro station encapsulates the best of convenience. Each unit has separate gas meters. Nearby a dynamic hub for high-tech startups and creative industries, this property is just a stone's throw away from some of the world's leading companies, including Hulu, Cornerstone on Demand, Lionsgate Entertainment, Oracle, Snap Inc., Universal Music Group, Amazon, Microsoft, Sony, HBO, and CBS. The presence of these top employers in close proximity attracts a large pool of employees and ensures the area is in high demand. This property also qualifies for residential financing. 1258 Euclid Street is a beacon of opportunity, offering immediate value and long-term growth potential. The earthquake soft story retrofit has been completed. This property has eight parking spaces. Truly not to be missed.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$720/sqft
Listed
114 days ago

Home Details for 1258 Euclid St

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5
Dimensions and Layout
Living Area: 3190 Square Feet
Appliances & Utilities
Appliances: Disposal, Range/Oven, Refrigerator, Washer, Dryer, DishwasherDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: CentralNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Central
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 8Parking: Driveway,Garage

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $2,348,000Price Per Sqft: $720/sqft
Status Change & Dates
Off Market Date: Fri Jan 12 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Santa Monica

Building

Building Area
Building Area: 3190 Square Feet

Lot Information

Lot Area: 7505.388 sqft

Listing Info

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

Mls Number: 24-343059
Last check for updates: about 10 hours ago
Listed by Rinde Philippe DRE # 01895315, (310) 422-9001
Berkshire Hathaway HomeServices California Properties, (310) 829-0629
Bought with: Rinde Philippe DRE # 01895315, (310) 422-9001, Berkshire Hathaway HomeServices California Properties, (310) 829-0629
Source: CLAW, MLS#24-343059

Price History for 1258 Euclid St

DatePriceEventSource
03/22/2024$2,298,000Sold
CLAW #24-343059
01/12/2024$2,348,000ContingentCLAW #24-343059
01/03/2024$2,348,000Listed For SaleCLAW #24-343059
12/26/2023ListingRemovedCLAW #23-317809
11/08/2023$2,385,000PriceChange
CLAW #23-317809
10/06/2023$2,495,000Listed For SaleCLAW #23-317809
08/09/2023ListingRemovedCLAW #23-250635
08/03/2023$2,700,000PriceChange
CLAW #23-250635
06/18/2023$2,820,000PriceChange
CLAW #23-250635
06/12/2023$2,885,000PriceChange
CLAW #23-250635
03/14/2023$2,950,000Listed For SaleCLAW #23-250635
02/12/2023ListingRemovedCLAW #22-188555
01/03/2023$2,950,000PriceChange
CLAW #22-188555
09/06/2022$3,175,000PriceChange
CLAW #22-188555
08/11/2022$3,388,000Listed For SaleCLAW #22-188555

Property Taxes and Assessment

Year2023
Tax$9,225
Assessment$685,803
Home facts updated by county records

Comparable Sales for 1258 Euclid St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Multi-Family Home
$2,220,000
03/18/24
8
6
3,462
0.26
Multi-Family Home
$2,400,000
04/01/24
8
8
5,388
0.23
Multi-Family Home
$3,100,000
06/20/23
9
7
5,387
0.73
Multi-Family Home
$2,375,000
12/01/23
6
6
3,360
0.54
Multi-Family Home
$2,420,815
04/19/24
3
3
2,425
0.79
Multi-Family Home
$2,550,000
03/07/24
5
4
3,237

Assigned Schools

These are the assigned schools for 1258 Euclid St.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown/Third Street Promenade

  • Nate Stevens
    "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. "
    1
    Flag
  • Trulia User
    "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"
    2
    Flag
  • Trulia User
    "The homeless community is unfortunate but it’s quiet for the most part. Just not the safest to live alone "
    5
    Flag
  • Trulia User
    "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."
    0
    Flag
  • Richie U.
    "We use to have Twilight Concert Series. This is a series of free concerts once every week during the summer."
    0
    Flag
  • Casey V.
    "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."
    6
    Flag
  • Trulia User
    "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. "
    1
    Flag
  • Michaelkucera
    "Parks and walkways are easy to find and navigate. There are a lot of dog parks and pet friendly buildings"
    2
    Flag
  • Nash
    "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 "
    0
    Flag
  • Brian B.
    "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. "
    0
    Flag
  • Colleen O.
    "This neighborhood is buzzy! There’s always something to do and someplace to go. All within walking distance"
    0
    Flag
  • Dominic H.
    "Please no more dogs. The ground smells of your dogs wee especially when it doesn’t rain much here!!!"
    0
    Flag
  • Jennifer O.
    "Third Street Promenade and city of Santa Monica put on community events. Very supportive of SaMo businesses. "
    0
    Flag
  • Kristian B.
    "Close to everything. Completely walkable. Great restaurants. Close to beach. Easy to find things to do."
    0
    Flag
  • Bbaughman88
    "Other dog owners, plenty of disposable bag units for waste, beach near by, some dog friendly restaurants and pet supply shops."
    0
    Flag
  • Kristin K
    "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. "
    0
    Flag
  • Larrymuhlstein
    "It's full of tourists, full of things to do, and on the ocean. Easy to get downtown using the train. Lots of energy."
    1
    Flag
  • Haaatt
    "I work outside of the city and have to drive. It is easy to walk or cycle if you work in Santa Monica."
    0
    Flag
  • Andrea O.
    "The diversity of the people, the proximity to the beach and the 3rd street promenade where shopping is great"
    1
    Flag
  • Justina S.
    "It’s like a small city, you have all the services and easily accessible. It’s safe, clean and green."
    5
    Flag
  • Tmckean
    "Constant police activity. Fighting neighbors and loud music. Drunks outside and empty alcohol containers all over "
    2
    Flag
  • Brian B.
    "Great neighbors and wonderful convenience for restaurants, stores, etc. Unfortunately, the streets aren't safe at night. "
    5
    Flag

LGBTQ Local Legal Protections

© 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.

Homes for Rent Near 1258 Euclid St

Off Market Homes Near 1258 Euclid St

1258 Euclid St, Santa Monica, CA 90404 is a 6 bedroom, 5 bathroom, 3,190 sqft multi-family built in 1957. 1258 Euclid St is located in Downtown/Third Street Promenade, Santa Monica. This property is not currently available for sale. 1258 Euclid St was last sold on Mar 22, 2024 for $2,298,000 (2% lower than the asking price of $2,348,000). The current Trulia Estimate for 1258 Euclid St is $2,315,600.