6-Unit Apartment Property with
1925 Euclid St, Santa Monica, CA 90404
For Sale
$1,795,000
Two separate residential buildings include private outdoor areas and five alley-access parking spaces.
Property Size4,482 SF
Lot Size0.17 Acres
Price / SF$400.49
Days on Market589
Property Features for 1925 Euclid St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
yards
Building Details
Building Size
Buildings
Listing Agency:
Create
Listed By:
Stace Valnes · License #00989680
(310) 880-1653
Source:
Chrispickettrealestate
Added: Mar 31, 2025
Changed: Nov 7
Last Checked: Nov 8 at 2:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Create
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises two buildings totaling 4,482 square feet on a 7,517-square-foot lot. A two-story structure contains four apartments, including a two-bedroom unit, while two one-bedroom cottages sit side by side at the rear. Each cottage has a private yard, and the buildings have separate yard areas. Two apartments are vacant: one two-bedroom unit in the front building and one cottage.
Recent property work includes new roofs, copper plumbing, and an electrical panel with meters. City inspections for the stairs and deck have passed. Five open parking spaces are arranged side by side and accessed from the alley. The property is in Santa Monica, 13 blocks from the beach and close to Santa Monica College.
Recent property work includes new roofs, copper plumbing, and an electrical panel with meters. City inspections for the stairs and deck have passed. Five open parking spaces are arranged side by side and accessed from the alley. The property is in Santa Monica, 13 blocks from the beach and close to Santa Monica College.
Key Highlights
- Six units across two buildings: four apartments and two one‑bedroom cottages
- 4,482 square feet on a 7,517‑square‑foot lot
- Two vacant units, including a two‑bedroom apartment and a one‑bedroom cottage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,119
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,380
$1.4M
Cap Rate 7%
$1,030,271
$1.0M
Cap Rate 9%
$801,322
$801.3K
Market Conditions
NOI Build-Up for 4,482 SF
Gross rent
$142.5K $31.80/SF
− Vacancy
−$11.4K −$2.54/SF
EGI
$131.1K $29.26/SF
− OpEx
−$59.0K −$13.17/SF
NOI
$72.1K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,380
Cap Rate 7%
$1,030,271
Cap Rate 9%
$801,322
Alternative Uses
Best Use
Apartment 5plus
$1.03M
$901.5K – $1.20M
NOI $72,119 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,975 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 90404, CA
21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Santa Monica, CA
Properties on Market for Apartment buildings in Santa Monica
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two separate residential buildings include private outdoor areas and five alley-access parking spaces.
Where is this apartment building located?
The property is located at 1925 Euclid St Santa Monica, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Six units across two buildings: four apartments and two one‑bedroom cottages; 4,482 square feet on a 7,517‑square‑foot lot; Two vacant units, including a two‑bedroom apartment and a one‑bedroom cottage
