1824 10th Street, Santa Monica, CA 90404

$2,625,000
5
BD
7
BA
3,225
SqFt

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Sold Price
$2,625,000
List Price
$2,700,000
Closing Date
Mar 13, 2026
Status
CLOSED
MLS#
25612851
Year Built
1952
Bedrooms
5
Bathrooms
7
Living Sq. Ft
3,225
Lot Size
7,498
Acres
0.17
Days on Market
68
Property Type
Multifamily
Style
Cottage
Stories
One Level

Property Description

5 LARGE & PRIVATE OUTDOOR SPACES with LOTS OF LIGHT make this a Gem for owners and renters alike. In a sea of box like rental units the discerning buyer and renter will choose this property every time!... Newly offered at a 5.5% Cap rate and 12.88GRM, this turn-key 6-unit is an exceptional value for the investor that wants a stand out product in a desirable market. Expertly managed and maintained inside and out with upgraded interiors and curated exteriors; the current owners have ensured ease of ownership. A fully permitted ADU has been added to the property so to further capture high area rents. This is a most attractive asset for todays post Covid renters who are willing to pay a premium for modern conveniences with quiet, private and light filled outdoor space. Due to its unique appeal this property should continue to provide stable returns for its lucky new owner!!!

Additional Information

Appliances
Dishwasher, Gas Range, Microwave, Oven, Range, Refrigerator, Range Hood, Dryer, Washer
Heat
Electric
View
None
Patio
Deck
Interior Features
Beamed Ceilings, Ceiling Fan(s), Cathedral Ceiling(s)
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Christopher Newell (ChrisNewell@BHHSCal.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

Listing sold by Christopher Newell from Berkshire Hathaway HomeServices California Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.