$4,000,000

943 19th St Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated payment $25,312/month

Total Views 4,415
17 Beds
12 Baths
7,180 Sq Ft
$557 Price per Sq Ft

Highlights

  • Property is near a park
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Franklin Elementary School Rated A+
  • Built-In Features
  • Laundry Room

About This Home

A marvelous investment opportunity located in the prime city of Santa Monica! Just off the Montana Ave and 19th St intersection, this two-story 7,180-sqft building has had Soft-Story Retrofit completed per LADBS requirements, five 3-bedroom and one 2-bedroom units for a total of six units, and comes with on-site covered parking enough for 6-cars with single garages at the rear of the building. Has a massive upside in rents, great for owner user or investors to add to their portfolio. Perfectly situated down the street from Trader Joe’s, Pavilions, and the Aero Theater, plus close to a variety of trendy shops, eclectic dining, entertainment, the bustling Santa Monica Boulevard, and just minutes away from the beautiful SoCal beaches!

Listing Agent

Paul Baccino

Equity Union Brokerage Phone: 310-359-5598 License #01971933 Listed on: 04/25/2025

Equity Union

Co-Listing Agent

Gal Moshe

Equity Union Brokerage Phone: 310-359-5598 License #01999632

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1959

Lot Details

  • 7,995 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • 4 Attached Carport Spaces
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,180 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 12 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Additional Features

  • Balcony
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 21 / 14
  • Tax Tract Number 1351
  • Assessor Parcel Number 4277011021
  • $1,850 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 7 Separate Gas Meters
  • Electric Expense $1,440
  • Fuel Expense $960
  • Trash Expense $12,000
  • Operating Expense $45,000
  • Gross Income $220,680
  • Net Operating Income $182,280

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.50
  • Price Per Unit: 666667
  • Property Attached: No
  • Zoning: SMR2*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4277011021
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 557.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 12000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Park Nearby
  • Lot Size Sq Ft: 7995.00
  • Lot Size Acres: 0.1835

Multi Family

  • Electric Expense: 1440.00
  • Fuel Expense: 960.00
  • Gross Income: 220680.00
  • Gross Multiplier: 17.50
  • Gross Scheduled Income: 227280.00
  • Lot Size Area: 7995.0000 Square Feet
  • Net Operating Income: 182280.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 6
  • Operating Expense: 45000.00
  • Rent Control: Yes
  • Total Expenses: 45000.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 7012.02
  • Tax Lot: 21
  • Tax Tract Number: 1351
  • TaxOtherAnnualAssessmentAmount: 1850.00

Map

Range of Values:

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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 Change Sq Ft Price
04/25/2025 04/25/25 For Sale $4,000,000 -- $557 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25091920

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Santa Monica 90403 Wilshire Montana

943 19th St, Santa Monica, CA

This home is located at 943 19th St, Santa Monica, CA 90403 and is currently priced at $4,000,000, approximately $557 per square foot. This property was built in 1959. 943 19th St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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Paul Baccino
Listing Agent
Paul Baccino
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Equity Union
(424) 398-7612