1032 18th St Immeuble residentiel 6 lots 2 885 992 € (480 999 €/Lot) Taux de capitalisation 4,37 % Santa Monica, CA 90403

Situated just south of the iconic Montana Avenue retail corridor in Santa Monica, 1032 18th Street presents a rare opportunity to own a boutique 6-unit apartment building in one of the city's most desirable neighborhoods. This offering includes a spacious, private front-facing townhome-style owner's unit, perfectly suited for an owner-user seeking comfort, style, and privacy. Accessed by a charming pathway and double-door entry, the owner's unit designed three-level, 2-bedroom, 2.5-bath townhome. The main level features updated interiors, including a generous living room, fireplace, dining area, and a modernized kitchen that opens to a private balcony. A sleek, contemporary staircase connects to both the private 4-car garage +/- or a versatile bonus room offering valuable additional space for a gym, or studio, on the lower level with private laundry. Upstairs, two large bedrooms and two full bathrooms provide well-appointed spacious rooms. The remaining five units consist of Four 1-bedroom, 1-bath units and One 2-bedroom, 2-bath unit. From an investment standpoint, the property offers rental upside and has been well-maintained with updated electrical, copper plumbing (buyer to verify), a newer roof, and modern windows and sliding doors. Additional amenities include on-site parking and shared laundry facilities.