1547 Euclid St 9 Unit Apartment Building $3,026,948 CAD ($336,328 CAD/Unit) 5.25% Cap Rate Santa Monica, CA 90404

Probate Sale – Court Confirmation Required
Rare opportunity to acquire a well-located 9-unit apartment building in the heart of Santa Monica, just blocks from the ocean. Situated on a clean, attractive street surrounded by similar multifamily properties, this asset offers both stability and meaningful upside in one of the most sought-after coastal rental markets in Los Angeles County.
The property features a desirable unit mix of one (1) 3-bedroom/2-bath unit, one (1) 2-bedroom/1.5-bath unit, and seven (7) 1-bedroom/1-bath units. In addition, the property includes seven (7) on-site parking spaces, with three (3) garage spaces in the front and four (4) surface spaces in the rear.
Approximately 13 blocks from the Santa Monica Pier and the Pacific Ocean, the location provides excellent access to transportation, retail, dining, and major amenities, supporting strong tenant demand and long-term rental growth.
A key highlight of this offering is the delivery of four (4) vacant units, providing investors with a clear path to reposition rents and increase overall income. This presents an attractive opportunity for value-add investors as well as 1031 exchange buyers seeking a well-located asset with both immediate and long-term potential.
Sale Details
This is a probate sale subject to court confirmation, with a hearing date already secured. The property inspection has been cancelled. All offers must be submitted no later than April 6, 2026 at 11:59 PM and are subject to interior inspection.
A new court appraisal has been completed and is available in the private remarks. The Offering Memorandum is included in the Supplements section for further review.