CBRE is pleased to exclusively offer for sale 1518-22 Euclid Street, First time on the market since the owner built the twenty-unit apartment complex in 1970. The property boasted a favorable unit mix of sixteen (16) two-bedroom two-bathroom units, two (2) three-bedroom two and a half-bathroom units, and two (2)one-bedroom and one bathroom units. 1518-22 Euclid Street is a prime investment opportunity for investors.1518-22 Euclid Street is a prime investment opportunity located in the highly sought-after market of Santa Monica. Situated less than a mile away from the iconic Santa Monica Pier and just minutes from the vibrant 3rd Street Promenade, this property offers convenience, lifestyle, and potential for strong returns. Just completed a complete re-roof that cost $100,000 and also recently installed a new water-main.
Property Details
Property Features
Property Information:
Year Built: 1970
Stories: 0
Living Area: 20,276 SqFt
Listing Office:
Office Name: CBRE
Listing Agent: John Boyett
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 38
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Carport, Underground
Lot Features
Lot Information:
Lot Size: 0.34 Acres
School Info
Assigned Schools Information:
Santa Monica High School, Public District Grades 9-12
Lincoln Middle School, Public District Grades 6-8
McKinley Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Off of Broadway
Price Information
Listing Price Info
Price Summary:
List Price: $7,000,000
Price Per SqFt: $345/SqFt
Tax Information:
Annual Amount: $12,918
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $5.2M more than the Median Sold Price and $755/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24390411
Listing Office:
Office Name: CBRE
Listing Agent: John Boyett
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: 5/29/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,918
$838,500
2020
$12,634
$829,903
2019
$11,683
$813,632
2018
$11,566
$797,679
2017
$11,566
$782,040
History based on county public records data.
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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.
Elementary School
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Middle School
8
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.62 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.69 miles
Public District Grades 9-12
Assigned Schools
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Nearby Schools
6
/10
Will Rogers Elementary School
2401 14th St
Distance between this listing and this school1.01 miles
Public District Grades KG-5
7
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Assigned Schools
8
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.62 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.03 miles
Public District Grades 6-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school1.13 miles
Public District Grades KG-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.69 miles
Public District Grades 9-12
Nearby Schools
5
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school1.09 miles
Public District Grades 9-12
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school1.96 miles
The neighbors living near this home have an average income of $43,793. Typical income of Santa Monica, CA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1518 Euclid St
What is the listing price of this property?
The listing price of 1518 Euclid St property is $7,000,000.
What type of property is this?
The property 1518 Euclid St is a house located in Santa Monica, California, 90404.
Is this property for sale now?
Active Listing: 1518 Euclid St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1518 Euclid St are: McKinley Elementary School: GreatSchools Rating 7/10Lincoln Middle School: GreatSchools Rating 8/10Santa Monica High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,918 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1518 Euclid St has 38 bedrooms and 40 bathrooms.
What is the square footage of this property?
The property 1518 Euclid St is 20,276 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1518 Euclid St is 1970.
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This home is located at 1518 Euclid St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This 20,276 square foot home, which was built in 1970, sits on a 0.34 acre lot. Features: 38 bedrooms, 40 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $7,000,000.
In April 2024, from all listings sold in Santa Monica, CA there were more than 22 sold above asking price, over 21 sold below and more than 7 were sold right at the asked price. In April 2024 in Santa Monica, CA there were 24.5% more homes for sale than in March 2024. Listings spent 29 days on the market in April 2024, and had a median list price of $1,789,833 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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