5-Unit Multifamily Investment Opportunity in Prime Santa Monica. This exceptional property offers a rare opportunity in an unbeatable Santa Monica location, just moments from the iconic Santa Monica Pier, Venice Beach, and the area's stunning coastline. With a current 5.00% cap rate and 13.06 GRM, there is upside potential to increase to a 5.48% cap rate and 12.27 GRM. Property Highlights* Front Duplex-Perfect Owner Occupy Unit: Features a spacious 3-bedroom, 3-bathroom unit, perfect for owner occupancy. It offers flexibility to be used as a 2-bedroom, 2-bath unit with a 1-bedroom, 1-bath unit, each with private entrances, fireplaces, and patios. * Studio Unit: Includes a large private deck, ideal for added comfort and outdoor enjoyment. * Rear Units: Two well-sized 1-bedroom, 1-bath units (600 SF each) and one Bachelor unit. * Additional Amenities: A shared laundry room, four enclosed garages, and beautifully maintained grounds. All units boast separate entrances, hardwood floors, and tasteful finishes throughout. The property features 100% copper piping, an upgraded electrical panel, and offers spacious, well-appointed interiors in each unit. This is an incredible opportunity for investors or an owner-user seeking a flexible living arrangement in the highly desirable area of Santa Monica.***Owner-User Opportunity: The vacant 3-bedroom, 3-bathroom front unit is perfect for an owner-user, offering the flexibility to live in a spacious 2-bed***Prime Santa Monica Location: Moments from the Santa Monica Pier, Venice Beach, and the vibrant local lifestyle.***Modern Upgrades: Property features 100% copper piping, an updated electrical panel, a shared laundry room, four enclosed garages, and beautifully main***Upside Potential: Current 5.00% cap rate and 13.06 GRM with potential to achieve 5.48% cap rate and 12.27 GRM.***Spacious Units: All units are generously sized and include hardwood floors, separate entrances, and tasteful finishes.***CONTACT US FOR AN OM***
Property Details
Property Features
Property Information:
Year Built: 1948
Stories: 2
Living Area: 4,454 SqFt
Listing Office:
Office Name: LA Commercial
Office Phone: (310) 980-4562
Listing Agent: Peter Ciriello
Interior Features
Interior Information:
Appliances: Dryer, Washer
Bedroom and Bathroom Information:
Total Bedroom Count: 5
Exterior Features
Parking Information:
Garage Space: 4 spaces
Attached Garage: Yes
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: Just North of Santa Monica Blvd, 2 blocks east of Lincoln
Price Information
Listing Price Info
Price Summary:
List Price: $2,695,000
Price Per SqFt: $605/SqFt
Tax Information:
Annual Amount: $34,108
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Ana, CA.
This property is $1.8M more than the Median Sold Price and $3/SqFt more than other homes in Santa Ana, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24416825
Listing Office:
Office Name: LA Commercial
Office Phone: (310) 980-4562
Listing Agent: Peter Ciriello
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: 11/25/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 31, 2017
Oct 31, 2017Home Sold
$2,700,000
Jan 03, 1994
Jan 03, 1994Home Sold
$420,000
Nov 16, 1989
Nov 16, 1989Home Sold
$500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$34,108
$2,838,181
2020
$33,541
$2,809,080
2019
$31,546
$2,754,000
2018
$7,858
$2,700,000
2017
$7,858
$604,962
History based on county public records data.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Heroes Elementary School
1111 W Civic Center Dr
Distance between this listing and this school0.31 miles
Public District Grades KG-5
6
/10
Carver Elementary School
1401 W Santa Ana Blvd
Distance between this listing and this school0.33 miles
Public District Grades KG-3
6
/10
Wilson Elementary School
1317 N Baker St
Distance between this listing and this school0.37 miles
Public District Grades KG-5
Nearby Schools
7
/10
Gonzalo Felicitas Mendez Fundamental Intermediate School
2000 N Bristol St
Distance between this listing and this school0.62 miles
Public District Grades 6-8
5
/10
Scholarship Preparatory
1010 W 17th St
Distance between this listing and this school0.65 miles
Public Charter Grades KG-8
2
/10
Willard Intermediate School
1342 N Ross St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
Nearby Schools
10
/10
Middle College High School
1530 W 17th St
Distance between this listing and this school0.34 miles
Public District Grades 9-12
2
/10
Reach Academy
1512 W Santa Ana Blvd
Distance between this listing and this school0.41 miles
Public District Grades 6-12
6
/10
Nova Academy Early College High School
500 W Santa Ana Blvd
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $68,814. Typical income of Santa Ana, CA residents is between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1330 10th St
What is the listing price of this property?
The listing price of 1330 10th St property is $2,695,000.
What type of property is this?
The property 1330 10th St is a house located in Santa Monica, California, 90401.
Is this property for sale now?
Active Listing: 1330 10th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $34,108 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 31, 2017 for $2,700,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1330 10th St has 5 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 1330 10th St is 4,454 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1330 10th St is 1948.
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This home is located at 1330 10th St in Santa Monica, CA and zip code 90401 in the Artesia Pilar neighborhood. This 4,454 square foot home, which was built in 1948, sits on a 0.17 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $2,695,000.
In October 2024, from all listings sold in Santa Ana, CA there were more than 50 sold above asking price, over 28 sold below and more than 12 were sold right at the asked price. Between September 2024 and October 2024, Santa Ana, CA real estate market has seen increase in the number of listings by 1.7%. The median list price of listings available in October 2024 was $859,400, while the average time on the real estate market was 24 days.
From Rocket Homes Real Estate and based on county public records data.