1332 10th Street
Santa Monica, CA, 90401
$2,675,000
5 Beds
0 Baths
4,454 SqFt
0.17 Acres
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** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property’s charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica’s most sought-after neighborhoods.
LISTING AGENT: Cameron Samimi
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
1332 10th Street
Santa Monica, CA

Property Details

Price:
$2,675,000
MLS #:
SB25072490
Status:
Active
Beds:
5
Baths:
0
Address:
1332 10th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Apr 1, 2025
State:
CA
Finished Sq Ft:
4,454
ZIP:
90401
Lot Size:
7,513 sqft / 0.17 acres (approx)
Year Built:
1948
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Schools

School District:
Santa Monica-Malibu Unified

Interior

Appliances
Dishwasher, Refrigerator
Cooling
See Remarks
Fireplace Features
Living Room, See Remarks
Flooring
Wood

Exterior

Community Features
Urban
Garage Spaces
4.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage – Single Door
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
See Remarks
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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