This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
1258 Euclid St, Santa Monica, CA 90404
$2,298,000
1258 Euclid St, Santa Monica, CA 90404View this property at 1258 Euclid St, Santa Monica, CA 90404
1258 Euclid StSanta MonicaCA90404
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Welcome to 1258 Euclid Street, a unique investment opportunity in the heart of Santa Monica. This property showcases a beautifully remodeled 2-bedroom front house adorned with a classic white picket fence and an inviting front garden, setting the stage for a serene and stylish living experience. Additionally, this property boasts three independent 1-bedroom units, each a cozy retreat complete with its washer/dryer. These charming cottages offer privacy and comfort, embodying the essence of snug and quaint living. This multi-unit sits on a generous 7,502 SF lot under versatile and rare SMR3 zoning. It presents redevelopment potential and opportunities for accessory dwelling units (ADUs). It's an investor's canvas, ideal for maximizing residential space and potential income. One of the units, 1 bed/1 bath plus small den, will be delivered vacant. It is excellent for an owner/user to live in one of the units to offset the mortgage payments or get passive income. This property is ripe with possibilities. It is an excellent option for 1031 exchange clients looking to park and grow their money. Residents enjoy swift access to the sun-kissed beaches, the bustling 3rd Street Promenade, and the vibrant amenities in downtown Santa Monica. The proximity to the World's Largest V3 Tesla Supercharging Station, UCLA Health Center, trendy restaurants, cafes, and shopping makes this an ideal location for future value growth. Easy access to the freeway and metro station encapsulates the best of convenience. Each unit has separate gas meters. Nearby a dynamic hub for high-tech startups and creative industries, this property is just a stone's throw away from some of the world's leading companies, including Hulu, Cornerstone on Demand, Lionsgate Entertainment, Oracle, Snap Inc., Universal Music Group, Amazon, Microsoft, Sony, HBO, and CBS. The presence of these top employers in close proximity attracts a large pool of employees and ensures the area is in high demand. This property also qualifies for residential financing. 1258 Euclid Street is a beacon of opportunity, offering immediate value and long-term growth potential. The earthquake soft story retrofit has been completed. This property has eight parking spaces. Truly not to be missed.
Full Property Details
Full Property Details for 1258 Euclid St
General
- Sold For: $2,298,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-343059
- Added to Site: 137 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway, Garage
Location
- Area: Santa Monica
- County: Los Angeles
- Driving Directions: South of Wilshire. North of Santa Monica Blvd. Corner of Euclid St. and Arizona Ave.
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Structural Information
- # Buildings: 4
- Stories/Levels: 0
- Square Feet: 3,190
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1957
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1723
- Lot Size: 7504
- Lot Size Source: Vendor Enhanced
- Zoning: SMR3*
Financial Considerations
- Price Per Sq. Ft.: $736
- Assessment Year: 1957
Disclosures and Reports
- Disclosures/Reports: Rent Control
- APN: 4282-005-011
Listed and Sold by Berkshire Hathaway HomeServices California Propert, Rinde Philippe
Get Pre-Approved Today
Schools
Schools serving 1258 Euclid St
School District:Santa Monica-Malibu Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2401 Santa Monica Blvd, Santa Monica, CA 90404 | K-5 | 0.8 mi | |
1501 California Ave, Santa Monica, CA 90403 | 6-8 | 0.3 mi | |
601 Pico Blvd, Santa Monica, CA 90405 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1258 Euclid St
Date
Details
Price
Change
Source
3/22/2024
Sold
$1,298,000
-44.72%
MLS
1/02/2024
Listed
$2,348,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1258 Euclid St, Santa Monica, CA 90404 (MLS# 24-343059) is a Multi-Family property that was sold at $2,298,000 on March 22, 2024. Want to learn more about 1258 Euclid St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.