$10,000 Closing Credit¹
#24458791, Jonathan Soldwisch, Listing Office: KHORR Realty
#24472665·
Listing Office: Marcus & Millichap·
Listing Agent: Eliyahu Appel·
Listing Office Phone: 818-212-2700
$10,000
closing credit¹
1427 Euclid St Santa Monica, CA 90404
$2,250,000 List price
$10,000
Closing credit¹
8 beds
6 baths
3,462 sqft
0.2 acres
$650 / sqft
House
Property details
About 1427 Euclid St
Perfect Owner User | Large Vacant Unit and Collect Rent From The Other Five Units| Assumable Loan: $1,075,000 at 6.44% Interest Only fixed with the first five years interest only. We are pleased to present the exclusive listing of 1427 Euclid St. The property built in 1924 consists of six units, totaling 3,462 rentable square feet on a 7,482 square foot lot. The property consists of bungalow-style units, with the unique feature of being housed in ve separate structures. This layout offers tenants enhanced privacy due to minimal shared walls, which is a rare characteristic for multi-family properties in the area. Additionally, the property includes four single-car garages and has recently serviced roofs, ensuring that the buildings are well-maintained with minimal immediate repair needs. This combination of privacy, functional living space, and upkeep makes the property attractive to prospective tenants. The location of 1427 Euclid Street is one of its strongest selling points. Situated close to Downtown Santa Monica, the property benets from easy access to a wide range of entertainment, dining, and shopping options. The area is known for its beachside lifestyle, excellent weather year-round, and vibrant cultural scene, which continues to drive strong demand for rental properties. Moreover, Santa Monica's appeal as a top-tier residential area is further bolstered by upcoming developments that will enhance the local infrastructure and economy. For instance, the 1945 Euclid Street project will introduce 39,000 square feet of ofce and retail space to the neighborhood, which is expected to increase job opportunities and draw even more people to the area. Additionally, high-end projects like Aire Santa Monica, a luxury residential development, are elevating the standard of living in the region, further increasing its appeal to afuent residents. The combination of a prime location, a growing local economy, and increasing demand for housing makes this property a strong investment opportunity. With its privacy-focused design, proximity to high-demand areas, and continued infrastructure development, 1427 Euclid Street offers strong rental income potential and long-term appreciation prospects. Santa Monica's competitive rental market also presents some risk, but the overall demand in the area and the property's unique characteristics position it well for sustained success.
Highlights
Home typeOther
HeatingForced Air
StatusActive
Size3,462 sqft
Lot size0.1718 Acres
Year built1924
MLS #24472665
Attached garage4 spaces
Summary
- MLS Number: 24472665
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Eliyahu Appel
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: 2/9/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,250,000
1427 Euclid St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 19, 2024 | Home Sold | $2,220,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $151,359 | $3,424 |
| 2023 | $148,392 | $3,375 |
| 2022 | $145,483 | $3,315 |
| 2021 | $142,631 | $3,195 |
| 2020 | $141,170 | $3,133 |
| 2019 | $138,403 | $2,924 |
| 2018 | $135,690 | $2,850 |
| 2017 | $133,030 | $2,850 |
History based on county public records data.
Nearby schools
7
McKinley Elementary School
Public District KG-5
0.8 mi
•2401 Santa Monica Blvd
7
Roosevelt Elementary School
Public District KG-5
1.0 mi
•801 Montana Ave
6
Will Rogers Learning Community
Public District KG-5
1.1 mi
•2401 14th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,793. Residents of Santa Monica, CA typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
47%
<35k
32%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
68%
Single, No Kids
10%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
34%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
Audi
Volkswagen
Toyota
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1427 Euclid St
This home is located at 1427 Euclid St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This 3,462 square foot home, which was built in 1924, sits on a 0.17 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $2,250,000.
Santa Monica, CA housing market in January 2025 saw over 13 listings sold above listed price, more than 6 sold at listed price and over 22 sold below. Between December and January 2025, Santa Monica, CA real estate market has seen increase in the number of listings by 43%. In January 2025, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $1,816,750.
From Rocket Homes Real Estate and based on county public records data.