Situated in the heart of Santa Monica on some of the best real estate in the United States is this charming 5 unit income property. Stellar for any generational portfolio. This investment is comprised of a main building consisting of 4 spacious one bedroom apartments and one freestanding 2 bedroom apartment with additional private laundry and toilet downstairs located over a 4 car garage with workshop. In between is a grassy courtyard. Tenants are on month to month tenancy. The 4 one bedroom units are large and all units have front and back doors.
Sold for $2,439,000
Listed by: Realty ONE Group Summit • Brett Freeman • Contact: 805-825-6999
Bought with: Realty ONE Group Summit
Tax assessed value
$2,439,000
1028 10th St, Santa Monica, CA 90403
6beds
5baths
4,481sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$544/sqft
$7,758 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,758/mo
Zestimate® history
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List your homeWhat's special
Grassy courtyardToilet downstairsHeart of santa monica
Zillow last checked:
Listing updated:
Listed by:
Brett Freeman DRE #01324784 (805)825-6999,
Realty ONE Group Summit
Bought with:
Brett Freeman, DRE #01324784
Realty ONE Group Summit
Source: CRMLS,MLS#: V1-22478
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Rooms
- Room types: Workshop
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Free-Standing Range, Dryer, Washer
- Laundry: Common Area, In Garage
Features
- Workshop
- Flooring: Laminate, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,481
- Total interior livable area: 4,481 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage, Workshop in Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 7,497 Square Feet
- Dimensions: 50 x 150
- Features: Back Yard, Front Yard, Lawn, Sprinklers None
Details
- Additional structures: Workshop
- Parcel number: 4281029006
- Zoning: SMR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: French Provincial,Traditional
- Property subtype: Multi Family
Materials
- Other, Stucco
- Foundation: Raised
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Not Applicable
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $544/sqft
- Tax assessed value: $2,439,000
- Annual tax amount: $31,184
- Date on market: 3/17/2024
- Cumulative days on market: 7 days
- Listing terms: 1031 Exchange
- Total actual rent: 154200
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Sold | $2,439,000-9.6%$544/sqft |
Source:  CRMLS #V1-22478 Report a problem | ||
| 3/30/2024 | Contingent | $2,699,000$602/sqft |
Source: CRMLS #V1-22478 Report a problem | ||
| 3/17/2024 | Listed for sale | $2,699,000+308.9%$602/sqft |
Source: CRMLS #V1-22478 Report a problem | ||
| 4/1/2005 | Sold | $660,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,184 +94.9% | $2,439,000 +97.2% |
| 2024 | $15,997 +1.6% | $1,236,977 +2% |
| 2023 | $15,749 +1.3% | $1,212,724 +2% |
| 2022 | $15,546 +2.7% | $1,188,947 +2% |
| 2021 | $15,141 +0.7% | $1,165,635 +1% |
| 2020 | $15,038 | $1,153,684 +2% |
| 2019 | $15,038 +7.5% | $1,131,064 +2% |
| 2018 | $13,993 | $1,108,887 +2% |
| 2017 | $13,993 +0.8% | $1,087,145 +2% |
| 2016 | $13,880 +3.5% | $1,065,829 +1.5% |
| 2015 | $13,411 +2.4% | $1,049,820 +2% |
| 2014 | $13,099 | $1,029,257 +5.3% |
| 2010 | -- | $977,462 +1.8% |
| 2008 | -- | $960,575 +2% |
| 2007 | -- | $941,741 +2% |
| 2006 | -- | $923,277 +464.4% |
| 2005 | -- | $163,582 +4% |
| 2004 | -- | $157,233 +1.9% |
| 2003 | -- | $154,352 +6.1% |
| 2000 | -- | $145,452 |
Find assessor info on the county website
Neighborhood: Wilshire/Montana
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Nearby schools
GreatSchools rating
- 9/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.4 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1.1 mi
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