NOT LISTED FOR SALE

2609 Euclid St Santa Monica, CA 90405

Sunset Park Neighborhood
14 Beds
8 Baths
7,444 Sq Ft
9,383 Sq Ft Lot

Last Sold August 10, 2021

Last sale price $3,375,000 $453 Per Sq Ft

9 Days on Market

Highlights

  • Air Conditioning
  • Will Rogers Elementary Rated A
  • 7 Car Garage

About This Home

As of August 2021

-Located in Santa Monica's Sunset Park Neighborhood -Approximately 1 Mile from the Beach & Main Street -(Six) 2-Bedroom/1-Bathroom Units & (Two) 1-Bedroom/1-Bathroom Units -Walking Distance to Retails Shops, Dining, & Entertainment of Lincoln Boulevard & Ocean Park Boulevard -Large 9,383-Square Foot Lot -Located within 2 Miles of 3rd Street Promenade, Santa Monica Pier, Santa Monica Beach, Abbot Kinney & Venice Beach -Value-Add Component Approximately 36% in Rental Upside -6.69% Pro-Forma Cap Rate & 11.86 Pro-Forma GRM -Santa Monica Employment Hub - Home to Prominent Entertainment & Technology Companies

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 07/07/2021

Last Buyer's Agent

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 07/07/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 9,383 Sq Ft Lot

Parking

  • 7 Car Garage

Interior Spaces

  • 7,444 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Vacancy Allowance $6,960

Listing and Financial Details

  • Assessor Parcel Number 4285-003-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7444
  • Lot Acreage: 0.2150
  • Price Per Unit: 437500.00
  • Stories: 2
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Common Walls: Attached
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 470.18

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall
  • Number Electric Meters: 8
  • Number Gas Meters: 8

Lot Info

  • Assessed Improvement Percent: 46.50
  • Assessed Improvement Value: 368265
  • Assessed Land Percent: 53.5
  • Assessed Land Value: 423777
  • Total Assessed Value: 792042
  • Assessor Parcel Number: 4285-003-002
  • Lot Size Area: 9383

Rental Info

  • Total Actual Rent: 217608.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.08
  • Number Of Units: 8
  • Type Of Units: 2 Bd, 1 Bd
  • Vacancy Allow: 6960
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 43750.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $3,375,000 -3.6% $453 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $3,500,000 -- $470 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gianluca Jacoli

    Seller's Agent in 2021

    Gianluca Jacoli

    Shield CRE, Inc.

    (510) 708-2662

    1 in this area

    49 Total Sales

    Gianluca Jacoli
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Map

Source: The MLS

MLS Number: 21-757946

The MLS
California Los Angeles County Santa Monica 90405 Sunset Park

2609 Euclid St, Santa Monica, CA

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