1815 10th st, Santa Monica, CA 90404
Active
$2,950,000
6 Units
11 Beds
11 Baths
5,355 Area(sq.ft.)
Lot: 9,079 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 6 | 5 | No | $ 8,587 | $ 8,587 | $ 10,000 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,786 | $ 2,786 | $ 2,950 |
| Unit 3 | 1 | studio | 1 | No | $ 1,850 | $ 2,450 | $ 2,100 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,120 | $ 1,120 | $ 2,450 |
| Unit 5 | 1 | 2 | 2 | No | $ 2,847 | $ 2,847 | $ 3,100 |
| Unit 6 | 1 | 2 | 1 | No | $ 2,897 | $ 2,897 | $ 2,950 |
| 6 | 13 | 11 | $ 20,087 | $ 20,687 | $ 23,550 |
| MLS #: | 25547005 |
| Days On Market: | 247 |
| Listing Date: | June 2, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 551 |
| Price per unit: | $ 491,667 |
| Year Built: | 1905 |
Property Details
OWNER-USER Opportunity!!! Discover a rare investment opportunity in the heart of SantaMonica with 1815 10th St, a unique 6-unit property featuring a spacious 3,000 SF front house with 6 bedrooms and 5 bathrooms, ideal for premium rental income or owner occupancy. Tucked behind the main residence is a separate structure containing five additional rental units: three 2-bedroom units, one 1-bedroom unit, and one studio offering a versatile mix that appeals to a broad tenant base. With its prime location, strong rental demand, and flexible layout,1815 10th St presents a compelling opportunity for investors seeking stable income, future upside, or a rare live-rent hybrid in one of Los Angeles' most desirable neighborhoods.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Gross Operating Income: | $ 241,044 |
| Total Annual Expense: | $ 73,841 |
| Net Operating Income: | $ 159,972 |
| Gross Annual Income: | $ 241,044 |
| Cap Rate: | 5.42% |
| Gross Rent Multiplier: | 12.24 |
| Actual Gross Income: | $ 241,044 |
Structure
| Type of Units: | 6+5, 2+1 |
| Buildings: | 2 |
| Levels: | Two |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | None |
Interior
| AC/Cooling: | None |
| Equipment: | None |
| Heating: | None |
Exterior
Detailed Map
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Income
