1423 Euclid Street

Santa Monica, CA 90404

  • 16 Bed(s)
  • 0 Bath(s)
  • 12,159 Sqft
  • 7513
    Sqft(Lot)
$3,850,000

Description

Located in one of la's most desirable rental markets, 1423 euclid st is a rare opportunity to acquire a cash-flowing, oversized11-unit multifamily asset with substantial embedded value. the property sits on a 7,159 sf r3-zoned lot and totals 12,159sf, with spacious floor plans averaging ~1,100 sf per unit a premium offering for westside renters.currently generating solid returns with an in place 5.23% cap rate, the property allows for 2 additional adus, which push returns to 6.71% post-completion without factoring in rent escalations or further value extraction. this makes 1423 euclid an attractive hold for both yield-focused and value-add investors.ideally positioned just off santa monica blvd, the property offers residents immediate access to major employers, transit lines, local amenities, and the beach all within minutes. with a blend of in-place income, development upside, and prime location, 1423 euclid checks all the boxes for long-term multifamily growth.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49485737

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16

    Bathroom Information

    • Total Baths: 16
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Refrigerator

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1974
    • Building Area Total: 12,159

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1725
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7513

  • Listing Price Information

    • Original List Price: 3,850,000
    • Listing Contract Date: 2025-04-22

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4282022021

  • Garage and Parking

    • Garage Description: Door-Single,Underground,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C14 - Santa Monica
    • Postal Code Plus 4: 2742
    • Directions: Euclid & Santa Monica
    • Zoning: SMR3*
    • Source Property Type: Residential Income
    • Area: C14 - Santa Monica

    Building and Construction

    • Property Age: 51
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 12159
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/27/2025 @ 19:41

  • MLS: 25529209
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is for sale, it has 12,159 sqft, 7,513 sized lot, and 0 parking. are nearby neighborhoods.