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943 19th Street

Santa Monica, CA 90403
  • $4,000,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: SR25091940
UPDATED: 61 min ago
$4,000,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Paul Baccino of Equity Union (818-989-2000) and Gal Moshe of Equity Union(818-989-2000)


Description

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 Joes, 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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T23:27:20.51. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/163008829
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943 19th Street Santa Monica, CA 90403

  • Price: $4,000,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 61 min ago
  • MLS #: SR25091940
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1959
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
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 Joes, 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!
Exterior Features

Carport Spaces 6 Carport YN Yes Entry Level 1 Lot Features Near ParkRectangular Lot Parking Total 6 Sign On Property YN No

Property Features

Additional Parcels YN No Cap Rate 4.39 Common Interest None Community Features Park Gross Scheduled Income 220680 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 175680 Number Of Units Leased 6 Operating Expense 45000 Property Sub Type Multi Family Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T23:27:20.51. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Paul Baccino of Equity Union (818-989-2000) and Gal Moshe of Equity Union(818-989-2000)