Santa Monica, CA 90403 943 19th Street
$4,000,000
44 more
Presented By: Paul Baccino with Equity Union; 310-359-5598
- MLS# SR25091920
- 04/26/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 17
Baths • 12
SQFT • 7,180
Garage • 2
Home Details
A marvelous investment opportunity located in the prime city of Santa Monica! Just off the Montana Ave and 19th St intersection, this two-story 7,180-sqft building has had Soft-Story Retrofit completed per LADBS requirements, five 3-bedroom and one 2-bedroom units for a total of six units, and comes with on-site covered parking enough for 6-cars with single garages at the rear of the building. Has a massive upside in rents, great for owner user or investors to add to their portfolio. Perfectly situated down the street from Trader Joe’s, Pavilions, and the Aero Theater, plus close to a variety of trendy shops, eclectic dining, entertainment, the bustling Santa Monica Boulevard, and just minutes away from the beautiful SoCal beaches!
Presented By: Paul Baccino with Equity Union; 310-359-5598
Interior Features for 943 19th Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
FlooringLaminate
Heating Y/NNo
Interior AmenitiesBuiltInFeatures, Balcony, CeilingFans
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 943 19th Street
Additional Parcels Y/NNo
AppliancesDishwasher, FreeStandingRange, GasOven, GasRange, Microwave
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.5
Carport Spaces4.0
Carport Y/NYes
CitySanta Monica
Community FeaturesSidewalks, Park
ContingencySale contingent on the sellers finding a replacement property
CoolingWallWindowUnits
CountyLos Angeles
DirectionsNorthwest of Santa Monica Blvd; head north bond 20th St and property is between Washington Ave and Idaho Ave
DisclosuresRentControl
Electric Expense1440.0
Entry Location1
Fuel Expense960.0
Garage Spaces2.0
Garage Y/NYes
Gross Income220680.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsExchange1031
Lot Size Square Feet7995.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income182280.0
New ConstructionNo
Number Of Units Total6
Operating Expense45000.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot21
Trash Expense12000.0
Water Sewer Expense0.0
Year Built1959
Year Built SourceAssessor
ZoningSMR2*
Exterior for 943 19th Street
Building Area Total7180.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark, RectangularLot
Lot Size Acres0.1835
Lot Size Area7995.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters7
Number of Separate Water Meters0
Parking FeaturesAttachedCarport, Carport, Garage
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate