1518 10th Street is an 11 unit apartment building with 10,080 square feet in a great Santa Monica beach location. Asking price per unit at $379,545 and per square foot at $414 is below the average sales comps which have sold at $465,440 per unit and $569 per square foot. This is a real opportunity to add value with lots of square footage, a great unit mix and ample parking. Add even more value to this 11 Unit building with the currently existing vacant non-conforming unit as an ADU. This is an underutilized asset which has been in the same ownership for decades. Soft Story Retrofitting is completed. All Electric building other than gas for Laundry.10 private balconies and lots of storage. Some units have electric fireplaces. Building is clean and the stairways have been resurfaced. Prime Santa Monica beach location in one of the most high demand and desirable rental areas in California and the United States. Santa Monica is known for our beautiful beaches, shops, restaurants and evolving employment hubs. Home to the Santa Monica Pier, vibrant art community of Bergamont Station with numerous galleries and nightlife. The property is in the world-renowned Silicon beach headquarters of many high profile entertainment and technology corporate firms. Located in the desirable Santa Monica Unified School District and close to Santa Monica College. Centrally situated between Santa Monica's happening office parks. Close proximity to the new Metro Station and within a short train ride to many destinations. Santa Monica continues to be a growing vibrant diverse economy. Close to neighboring communities of Prime West Los Angeles, Brentwood, Westwood, Pacific Palisades, Marina Del Rey, Venice Beach, Playa Del Rey and Playa Vista. Please do not disturb tenants.
Property Details
Property Features
Property Information:
Year Built: 1974
Stories: 2
Living Area: 10,080 SqFt
Listing Office:
Office Name: Lambert Investments, Inc.
Office Phone: (310) 453-9656
Listing Agent: Francyne Lambert
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 17
Exterior Features
Parking Information:
Parking: Underground, Garage, Tandem
Lot Features
Lot Information:
Lot Size: 0.17 Acres
School Info
Assigned Schools Information:
Santa Monica High School, Public District Grades 9-12
Lincoln Middle School, Public District Grades 6-8
Roosevelt Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Between Santa Monica Blvd, and Colorado Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $4,175,000
Price Per SqFt: $414/SqFt
Tax Information:
Annual Amount: $13,849
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $2.3M more than the Median Sold Price and $686/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: #23329815
Listing Office:
Office Name: Lambert Investments, Inc.
Office Phone: (310) 453-9656
Listing Agent: Francyne Lambert
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: 5/6/2024, 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
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,849
$1,023,159
2020
$13,616
$1,012,669
2019
$12,776
$992,813
2018
$12,670
$973,347
2017
$12,670
$954,263
History based on county public records data.
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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 school0.96 miles
Public District Grades KG-5
Middle School
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.70 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.55 miles
Public District Grades 9-12
Assigned Schools
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.96 miles
Public District Grades KG-5
Nearby Schools
6
/10
John Muir Elementary School
2526 6th St
Distance between this listing and this school1.01 miles
Public District Grades KG-5
6
/10
Will Rogers Elementary School
2401 14th St
Distance between this listing and this school1.06 miles
Public District Grades KG-5
Assigned Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.70 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.11 miles
Public District Grades 6-8
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school2.53 miles
Public Charter Grades 6-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.55 miles
Public District Grades 9-12
Nearby Schools
3
/10
Animo Venice Charter High School
820 Broadway St
Distance between this listing and this school2.10 miles
Public Charter Grades 9-12
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.18 miles
The neighbors living near this home have an average income of $61,419. The majority of Santa Monica, CA residents have income between $35k-100k annually. The most common type of family is 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 1518 10th St
What is the listing price of this property?
The listing price of 1518 10th St property is $4,175,000.
What type of property is this?
The property 1518 10th St is a house located in Santa Monica, California, 90401.
Is this property for sale now?
Active Listing: 1518 10th 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 1518 10th St are: Roosevelt Elementary School: GreatSchools Rating 8/10Lincoln Middle School: GreatSchools Rating 9/10Santa Monica High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,849 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1518 10th St has 17 bedrooms and 18 bathrooms.
What is the square footage of this property?
The property 1518 10th St is 10,080 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1518 10th St is 1974.
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This home is located at 1518 10th St in Santa Monica, CA and zip code 90401 in the Pico neighborhood. This 10,080 square foot home, which was built in 1974, sits on a 0.17 acre lot. Features: 17 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $4,175,000.
Santa Monica, CA housing market in April 2024 saw over 22 listings sold above listed price, more than 7 sold at listed price and over 21 sold below. In April 2024 in Santa Monica, CA there were 24.5% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $1,789,833, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.