1427 Euclid St Unit 6 Santa Monica, CA 90404
Pico NeighborhoodEstimated payment $12,221/month
Total Views
1,566
--
Bed
8
Baths
3,462
Sq Ft
$634
Price per Sq Ft
Highlights
- Laundry Facilities
- McKinley Elementary School Rated A
- 3-minute walk to Euclid Park
About This Home
1427 Euclid St presents a rare opportunity to acquire a value-add 6-unit multifamily property in Santa Monica. With potential for 2 additional ADUs, the asset is ideal for investors looking to renovate, reposition, and capitalize on upside in a high-demand rental market. Upon ADU completion an investor will have obtained an in place 8.05% cap rate without any additional improvements or rent increases being accounted for. One garage is currently being rented for $400 per month as storage. Situated on a nearly 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and significant potential upside through rental increases and future development. Just off Santa Monica Blvd, residents enjoy proximity to major employers, retail, transit, and the beach with easy access to freeways and Metro lines.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,425
Year Built
- Built in 1949
Lot Details
- 7,483 Sq Ft Lot
Parking
- 4 Parking Spaces
Interior Spaces
- 8 Bathrooms
- 3,462 Sq Ft Home
- 2-Story Property
- Dishwasher
Listing and Financial Details
- Assessor Parcel Number 4282-022-020
Community Details
Overview
- 5 Buildings
- 6 Units
Additional Features
- Laundry Facilities
- Rent Control
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,425 | $2,264,400 | $1,989,000 | $275,400 |
| 2024 | $3,425 | $151,359 | $103,800 | $47,559 |
| 2023 | $3,375 | $148,392 | $101,765 | $46,627 |
| 2022 | $3,315 | $145,483 | $99,770 | $45,713 |
| 2021 | $3,196 | $142,631 | $97,814 | $44,817 |
| 2019 | $3,134 | $138,403 | $94,914 | $43,489 |
| 2018 | $2,925 | $135,690 | $93,053 | $42,637 |
| 2016 | $2,737 | $130,423 | $89,441 | $40,982 |
| 2015 | $2,701 | $128,465 | $88,098 | $40,367 |
| 2014 | $2,725 | $125,950 | $86,373 | $39,577 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | $2,195,000 | -- | $634 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,220,000 | Old Republic Title Company | |
| Grant Deed | $2,220,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,075,000 | New Conventional | |
| Closed | $1,075,000 | New Conventional |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: The MLS
MLS Number: 25563147
APN: 4282-022-020
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