Description

Large 2,751 sqft Triplex on a full size 7,488 sqft lot. A 2-Bedroom unit is delivered vacant immediately for an owner-user to occupy, making this property completely exempt from Santa Monica Rent Control. Not only can you make this your home and have no mortgage to pay, but a savvy investor can also add 2 ADU's here. Proposed plans have been submitted to the city and are preliminarily approved. This property has the ideal unit mix of three 2-Bedroom + 1-Bath units. All Units have washer and dryer hookups. In addition, the property offers a Storage Space that generates an additional $1,000 Per Month in Income. The Property offers tandem parking in front of the building along with ample permitted street parking, while the front yard and courtyard provide inviting outdoor spaces for residents to relax, gather, or take in a bit of greenery right at home. 1836 Euclid Street also includes Proposed ADU Plans to build Two Townhouse-Style Units with 2-Beds and 2.5-Bath each, providing significant upside potential through increased rental income and property value once completed. With its prime location near major streets, the neighborhood amenities, and transit options, 1836 Euclid Street represents a compelling opportunity for any investor or owner.