Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

9

Building size

7,336 sqft

Lot size

7,490 sqft

Year built

1960

Stories

2

Garage spaces

3

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

929

MLS #

249038811

About this property

Probate Sale – Court Confirmation Required Well-located 9-unit apartment building in the highly desirable Santa Monica market. Situated on a clean street surrounded by similar multifamily properties, this asset offers strong rental demand and long-term investment potential. Unit mix includes one (1) 3-bed/2-bath, one (1) 2-bed/1.5-bath, and seven (7) 1-bed/1-bath units. The property features three (3) front garage spaces and four (4) rear parking spaces. Approximately 13 blocks from the Santa Monica Pier and ocean, with close proximity to transportation, shopping, and dining. Value-add opportunity with four (4) units to be delivered vacant. Ideal for investors and 1031 exchange buyers seeking upside in a prime coastal location. Sale Details: Court confirmation required. Hearing date secured. Inspection: This inspection has been cancelled as of 3/31/26 Offers due: 4/6/26 at 11:59 PM Offers subject to interior inspection. New court appraisal completed (see private remarks). Offering Memorandum available in Supplements.

Location

1547 Euclid Street

Santa Monica, Los Angeles, CA, 90404