**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property's location ensures a steady stream of income for potential investors.- The building's excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica's reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don't miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica's most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!
This property is $1.1M more than the Median Sold Price and $490/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24373103
Listing Office:
Office Name: Keller Williams Larchmont
Office Phone: (323) 762-2600
Listing Agent: John Barrentine
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 3:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Middle School
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.12 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.15 miles
Public District Grades 9-12
Assigned Schools
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-5
Nearby Schools
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school0.90 miles
Public District Grades KG-5
9
/10
Franklin Elementary School
2400 Montana Ave
Distance between this listing and this school0.91 miles
Public District Grades KG-5
Assigned Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.12 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.57 miles
Public District Grades 6-8
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school1.93 miles
Public Charter Grades 6-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.15 miles
Public District Grades 9-12
Nearby Schools
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.12 miles
Public Charter Grades 6-10
5
/10
University Senior High School
11800 Texas Ave
Distance between this listing and this school2.20 miles
The neighbors living near this home have an average income of $96,429. Typical income of Santa Monica, CA residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1101 Euclid St
What is the listing price of this property?
The listing price of 1101 Euclid St property is $2,890,000.
What type of property is this?
The property 1101 Euclid St is a house located in Santa Monica, California, 90403.
Is this property for sale now?
Active Listing: 1101 Euclid St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1101 Euclid St are: Roosevelt Elementary School: GreatSchools Rating 8/10Lincoln Middle School: GreatSchools Rating 9/10Santa Monica High School: GreatSchools Rating 9/10
How many bedrooms and bathrooms does this property have?
The property at 1101 Euclid St has 7 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 1101 Euclid St is 4,741 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1101 Euclid St is 1948.
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This home is located at 1101 Euclid St in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This 4,741 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $2,890,000.
In April 2024 more than 22 listings in Santa Monica, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 21 were sold below. The inventory of homes for sale in Santa Monica, CA between March 2024 and April 2024 increased by 24.5%. Listings spent 29 days on the market in April 2024, and had a median list price of $1,789,833 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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