$2,175,100
+$1001547 Euclid Street, Santa Monica CA 90404
Multi-Family (9 Units)
Property type
812 days
On market
$296
Price per sqft
3 cars
Garage
1960
Year built
7,490 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Michael Johnson DRE #00886898 562-925-1111, Realty Executives All Cities
Listing updated: Apr 1, 2026 at 04:38am.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #RS24052918
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $614 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $800 | $800 | $2,400 | Unfurnished |
| 1 | 3 | 3 | — | $3,000 | $3,000 | $4,000 | Unfurnished |
| 1 | 1 | 1 | — | $780 | $780 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $679 | $679 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $899 | $899 | $2,400 | Unfurnished |
| 1 | 2 | 2 | — | $0 | $1,000 | $3,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
5.35%
NOI / List Price
Gross Scheduled Income: $197,496
Vacancy Allowance: $9,755
Vacancy Allowance Rate: 5%
Operating Expense: $71,445
Net Operating Income: $116,296
Annual Operating Expenses
Electric: $7,607
Gardener: $1,440
Fuel: $1,872
Insurance: $4,096
Maintenance: $3,000
New Taxes: $27,896
Professional Management: $8,556
Trash: $1,200
Water / Sewer: $6,600
Other Expense: $2,100
Interior
Cooling: None
Heating: Wall Furnace
Fireplace: Gas
Laundry: Common Area
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Landscaped, Street Level, Walkstreet
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Available, Sewer Connected, Water Available, Water Connected
Garage and Parking
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4282033014
Additional Parcels: No
Tax Lot: O
Zoning: SMM1*
Community
Senior Community: No
Community Features: Biking, Curbs, Park, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1547 Euclid Street, Santa Monica, CA 90404. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,740,080
Total Interest
$2,219,376
Total Payment
$3,959,456
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,414
per month
Property History for 1547 Euclid Street
Santa Monica Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90404.
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