Santa Monica CA Multi Family for Sale
$1,850,000
1921 20th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- V1-27363
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Development opportunity in a prime location of Santa Monica. This fixer is situated on a large 7,194 square foot lot and is perfect for an investor or developer. There are 2 houses on one lot. The front house has 3 bedrooms and 2 baths. The rear house is 1 bedroom with 2 baths. There is a detached garage. This property is sold AS IS. Perfect location, walking distance to Virginia Park and Whole Foods.
$2,250,000
1427 Euclid Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 3,462
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.17 Acres
- Year built:
- 1924
- Baths:
- 6.00
- MLS#:
- 24472665
ADDITIONAL INFORMATION
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.
$1,990,000
1538 16Th St Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1944
- Baths:
- MLS#:
- 240028168SD
ADDITIONAL INFORMATION
Easy fixer or place to park your 1031 Exchange. Keep two unit or convert to SFD, 1 mile from beach, across from park, and adjacent to Expo Line. Nice detached garage.
$2,795,000
1646 Berkeley Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 4,018
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.13 Acres
- Year built:
- 1956
- Baths:
- 5.00
- MLS#:
- 24467337
ADDITIONAL INFORMATION
Prime Santa Monica Investment Opportunity! This well-maintained, pride of ownership multi-family property features five units with a total of 9 bedrooms and 5 bathrooms, spanning approximately 4,018 square feet. Conveniently located in Downtown Santa Monica, adjacent to major shopping and office complexes, close to 10 fwy, major transportation hubs and Santa Monica College. 4 units feature spacious 2 bedrooms and 1 bath, plus one cozy studio. Two units have been recently renovated with updated fixtures and appliances. Building provides 4 open parking spaces. There is onsite laundry; the Landlord owns its own equipment, which provides for additional income. The roof was replaced approximately 5 years ago.Seller is open to carry back a loan with a minimum of 60% down and is open to negotiating rate and terms.The seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information. Turnkey investment with strong income potential! Note: studio pictures are staged, the other interior shots are representative of one of the updated units.
$3,700,000
1738 9th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 4,516
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.19 Acres
- Year built:
- 2024
- Baths:
- 10.00
- MLS#:
- 24463349
ADDITIONAL INFORMATION
We are pleased to present our newest exclusive listing in Santa Monica. This 5 unit property is EXTENSIVELY renovated both on the interiors and exterior. The three charming units in the front have been extensively renovated with new quartz and custom tile kitchens, stainless steel appliances, tiled bathrooms, and new flooring throughout. The back two XXL Townhomes are brand new construction boasting large three bedroom floorplans. The building is solar powered, includes private patios and private balconies with mountain views, and has washer and dryer hookups. Additionally there are a total 11 parking spots which consist of 4 garage spots, 4 partially covered parking spots, and 3 spots in front of the garages. Tenants in the front three units have access to their own private fenced backyards. The property is located on a quite cul de sac boasting an 88 WalkScore and is minutes from Santa Monica Pier and all that the vibrant city has to offer. The property is located just north of Lincoln Blvd and the 10 Freeway giving tenants easy access for commutes and maneuvering around the city. For an investor looking to clip coupons and enjoy a cash flowing asset in a growing area, look no further. For more information, please reach out to the listing agent.
- Type:
- Cluster
- Sq.Ft.:
- 3,486
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.18 Acres
- Year built:
- 1944
- Baths:
- 5.00
- MLS#:
- 24462495
ADDITIONAL INFORMATION
The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms
$2,450,000
1430 Franklin Street Santa Monica, CA 90404
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1944
- Baths:
- MLS#:
- CL24462495
View additional info
Courtesy: Andrew C. Lee
ADDITIONAL INFORMATION
The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms
$3,500,000
1438 14th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 8,498
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.17 Acres
- Year built:
- 1967
- Baths:
- 14.00
- MLS#:
- 24458595
ADDITIONAL INFORMATION
First time on the market! Great value-add opportunity on this very well maintained 10 unit property. Some rents can be raised to the MARs (Buyer to confirm with Santa Monica Rent Control). There are (6) 2 bedrooms/1 3/4 bathrooms and (4) 1 bedroom/1 bathroom apartments.12 car parking. The 2 front units are split level with high ceilings. Good long term upside in rents. Close to restaurants and shopping in sunny Santa Monica! Gross Annual Income using current rents is $237,884. This should improve to approximately $250,352 with the several rents which can be raised to match MARs. The Gross Income, GRM and Cap rate below are based on $250,352 Gross. See current Rent Roll with potential increases (see documents tab). Property will need soft-story retrofit. Seller has provided two contractor proposals (see documents tab). Inside with an accepted offer. Please do not disturb tenants. Please text for the quickest response. Voicemail and email also answered promptly. Thank you for your interest!
$2,399,000
2007 21st Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 4,631
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.17 Acres
- Year built:
- 1947
- Baths:
- 4.00
- MLS#:
- 24458791
ADDITIONAL INFORMATION
Unique opportunity to own a unique property. Single family residence with a 2 story triplex, (2 bedrooms each) in the rear of the property--4 units in total with city stamped plans to renovate the front house and add an ADU for a total of 5 doors. Close to SMC, Whole Foods, and adjacent to Virginia Ave Park--just 1.7 miles to the beach. All units are spacious, each around 1100 square feet, and 3 of the 4 will be delivered vacant at close of escrow. This property is ready for its next chapter and its next owner-- this is your chance to make your mark and own something truly special. *Photos have been virtually staged* Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer and agent are advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer is to rely solely on his/her/their own findings.
$3,950,000
1312 19th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 8,903
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.17 Acres
- Year built:
- 1969
- Baths:
- 13.00
- MLS#:
- 24455093
ADDITIONAL INFORMATION
1312 19th Street is a multifamily investment opportunity that features six spacious units in the heart of Santa Monica. The property includes an over 2,000SF 4 BD / 2.5 BA townhouse boasting a private gated patio, formal dining area, wet bar, two fireplaces, in-unit laundry ,and a finished basement that may be a part of a potential ADU conversion that may provide additional income. The townhouse is one of three units that will be delivered vacant. It also offers two 3BD/2BA units that are roughly 1,500 SF each and three 2BD/2BA units approximately1,200 SF each. Onsite laundry facilities and six carport spaces further enhance revenue potential. With half of the units delivered vacant this property presents an excellent value-add opportunity, offering significant potential for growth and appreciation for years to come. The enormous 4 bedroom townhouse is perfect for owner occupancy.
$1,800,000
2121 Stewart Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 2,544
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.13 Acres
- Year built:
- 1941
- Baths:
- 4.00
- MLS#:
- 24452031
ADDITIONAL INFORMATION
ADU potential off the alley where the two detached double car garages are. "Meetings the City have confirmed that an ADU can be built on this property." per an ADU researcher. Wonderful location at the hub of being just North of Sunset Park, blocks away from the EXPO line off of either Bergamot Station stop or Bundy. Santa Monica College SMC 's main campus just a few miles away and other sites within blocks.
$1,900,000
1427 15th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 8,623
- Status:
- Active
- Beds:
- 18
- Lot size:
- 0.17 Acres
- Year built:
- 1968
- Baths:
- 13.00
- MLS#:
- 24451475
ADDITIONAL INFORMATION
RECEIVERSHIP SALE! We are pleased to present 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $832 for 1 bedroom units and $988 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are NOT deed-restricted and can be leased out at MARKET rents. Both of the market rate units have been taken down to the studs and will be delivered vacant creating the perfect opportunity for a new owner to customize to their own specifications. The top floor 3 bed 2 bath "owner's unit" which offers incredible amazing city views from the balcony is PERFECT FOR AN OWNER/USER. The property includes a total of 11 parking spaces consisting of a tandem space, two 2-car garages, and seven single spaces. There is potential to convert the two-car garages into market-rate ADUs (Buyer to verify with the city). In total there are 7 vacant units (4 rent ready and 3 gutted units). Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's robust rental market. NOTE: Property sale is subject to court confirmation including a 60-day appeal period and may be subject to overbid. As such, Seller cannot guarantee a particular sale date.
$2,195,000
3028 Colorado Avenue Santa Monica, CA 90404
- Type:
- Fourplex
- Sq.Ft.:
- 2,116
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- PW24196365
ADDITIONAL INFORMATION
Fully approved plans (RTI) for 2 additional units (both ADUs are 3 bedrooms + 2 bathrooms and projected to rent for $6K/month each) resulting in a 6-Unit Property that will total 4,102 square feet of living area on a 5,972 square foot lot in a prime area of Santa Monica! This rare opportunity offers a corner lot with alley access and is ideal for an owner/user or investor. The charming, existing 4-unit building is situated on the front half of the large lot, providing space for the two new approved units and the 5 on-site parking spots along the rear alley. The property is located in the heart of “Silicon Beach” which is home to numerous technology companies, including being less than one mile from large office campuses including the Water Garden, the West Edge, Riot Games Headquarters, and the Colorado Center with office tenants including Amazon, Hulu, and Roku.
$2,800,000
1813 9th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 7,763
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.17 Acres
- Year built:
- 1963
- Baths:
- 11.00
- MLS#:
- 24441743
ADDITIONAL INFORMATION
Built in 1963, on a 7,485 square foot R2 lot, 1813 9th Street is a two-story, six-unit multifamily property with a total building size of 7,763 square feet. The well-maintained property is separately metered for gas and electric, is serviced by a central water heater, and offers an on-site laundry facility, one two-car garage, and five carport parking spaces with storage bins. In recent years, the property has seen significant capital improvements including a new roof, copper plumbing in most units, an updated electrical panel in laundry room, and a newer water heater. Additionally, two units have been extensively upgraded to include individual tankless water heaters and in-unit laundry. 1813 9th Street boasts an exceptional unit mix of two two-bedroom/one-and-one-half-bathroom townhouse-style units, three three-bedroom/two-bathroom units, and one three-bedroom/two-bathroom townhouse-style unit. The oversized units offer gas stoves, refrigerators, ceiling fans, forced heat or wall units for heating, upgraded flooring, ample closet and storage space, and a balcony or patio in select units. The two extensively upgraded units are equipped with stackable laundry systems, brand-new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances (gas stove, refrigerator, microwave, and dishwasher), ceiling fans, brand-new bathrooms, designer fixtures and hardware, dual pane windows, upgraded flooring, new lighting, and updated electrical panels.
$3,950,000
1423 Euclid Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 12,159
- Status:
- Active
- Beds:
- 16
- Lot size:
- 0.17 Acres
- Year built:
- 1974
- Baths:
- 16.00
- MLS#:
- 24423841
ADDITIONAL INFORMATION
Assumable Loan: $1,975,000 at 6.44% Interest Only fixed with the first five years interest only. New Price We are pleased to present the exclusive listing of 1423 Euclid St a three-story, eleven-unit multifamily property nestled in the heart of Santa Monica. The property offers a variety of living spaces, including two townhome-style 2-bedroom, 2-bathroom apartments, three spacious 2-bedroom, 2-bathroom apartments, four cozy 1-bedroom, 1-bathroom units, and two comfortable studios. Many units have private balconies. Each unit features gated entry & ample parking in secured garages or through the alley. Built in 1974, the property also boasts common area laundry. The second and third-floor units are bright and airy, with natural light and views stretching from the Santa Monica Mountains to Catalina Island. Recent upgrades include a new hot water boiler in 2023, a new roof in 2019, and partial sewer and electrical upgrades over the past few years. Residents will enjoy a 7-minute bike ride to iconic destinations like the Santa Monica Pier, Santa Monica Beach, and the vibrant 3rd Street Promenade, which hosts renowned brands such as Nike, Louis Vuitton, Nordstrom, Tesla, and Apple. Additionally, the area offers ample dining options, from local favorites like Wally's and the Cheesecake Factory to cozy cafes like Starbucks, La La Land Kind Cafe, and Urth Cafe. Santa Monica's relaxed beachside vibe and year-round pleasant weather make it an ideal place to live, complete with breathtaking ocean views. The upcoming 1945 Euclid St. project will introduce a three-story building with 39,000 square feet of office space and a two-story underground parking garage, developed by RedCar Properties. RedCar Properties is also working on three neighboring developments1640 14th St., 1650 Euclid St., and 1630 Euclid St which will add significant office space and retail, replacing an unattractive tow yard. These developments will generate job opportunities, drive housing demand, and enhance the area's appeal. Additionally, the nearby Aire Santa Monica is a luxury residential development featuring 19 units, including 11 townhomes and 8 flats, with high-end finishes and premium amenities, offering an upscale living experience with a focus on comfort and elegance.
$2,895,000
2428 Kansas Avenue Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 5,678
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.27 Acres
- Year built:
- 1952
- Baths:
- 8.00
- MLS#:
- 24432961
ADDITIONAL INFORMATION
We are pleased to present The Kansas Seven Residences. The subject property is located within close walking distance to many of Santa Monica's great shops & restaurants, corporate campuses, Bergamont Station, as well as other public transportation, providing residents automobile-free access to all of Greater Los Angeles. The subject property sits on a quiet, tree lined street, and offers an attractive unit mix featuring a fully renovated Three Bedroom, Two Bathroom unit with an enclosed yard. The remaining six units are comprised of (6) Two Bedroom Two Bathroom Units, two of which are renovated very nicely. The subject property is individually metered for gas and electricity and has covered parking for each unit. The astute investor will quickly recognize that The Kansas Seven Residences provides its occupants well-appointed housing in a warm, secure setting, and a walk anywhere easily location. This is a unique opportunity to own a charming, desirable, Westside located Santa Monica asset. Santa Monica is known for its superior climate, great night life, cultural diversity, walk-ability and beaches.
$4,385,000
2512 Kansas Avenue Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 9,052
- Status:
- Active
- Beds:
- 22
- Lot size:
- 0.28 Acres
- Year built:
- 1957
- Baths:
- 12.00
- MLS#:
- 24432937
ADDITIONAL INFORMATION
We are pleased to present The Kansas Eight Residences. The subject property is located within close walking distance to many of Santa Monica's great shops & restaurants, corporate campuses, Bergamont Station, as well as other public transportation, providing residents automobile-free access to all of Greater Los Angeles. The subject property sits on a quiet, tree lined street, and offers an attractive unit mix featuring (2) Three Bedroom Two Bathroom Units, (5) Three Bathroom One and One Half Bathroom Town-home Units and (1) One Bedroom One Bathroom Loft Unit. The subject property is individually metered for gas and electricity and has garage or covered parking for each unit. The astute investor will quickly recognize that The Kansas Eight Residences provides its occupants well-appointed housing in a warm, secure setting, and a walk anywhere easily location. This is a unique opportunity to own a charming, desirable, Westside located Santa Monica asset. Santa Monica is known for its superior climate, great night life, cultural diversity, walk-ability and beaches.
$3,049,999
1234 Harvard Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 5,356
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.16 Acres
- Year built:
- 1961
- Baths:
- 7.00
- MLS#:
- 24429851
ADDITIONAL INFORMATION
1234 Harvard St is located in a prime Santa Monica neighborhood just steps away from Erewhon, Los Angeles's premier luxury grocery store. This property offers an owner minimal low vacancy and fast turnovers due to its fantastic location and proximity to jobs and three grocery stores within a half-mile distance. The property is located nearby Wilshire Boulevard, offering residents each access to the beach, Santa Monica Promenade, or other job centers in LA such as Culver City, Century City, and Sherman Oaks. The property has been meticulously maintained by its current owners. The property features large balconies in some units and parking foreach unit. 1234 Harvard represents a unique opportunity to acquire a pride of ownership property in a great neighborhood of Santa Monica with an opportunity to capture over 27% in rental upside on currently occupied units and 44% upside inclusive of an ADU. Buyer to do their own due diligence regarding financials and ADU feasibility.
$3,290,000
1427 17th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 3,950
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- 5.00
- MLS#:
- 24406829
ADDITIONAL INFORMATION
Discover this fully remodeled California Bungalow building in the coveted area of Santa Monica. There are Five units. All Units are tastefully Upgraded and offer a comfortable and modern living experience. Make your way inside and be greeted by restored wood flooring. Main House with its beautifully redesigned bathroom and standup glass shower enclosure adding a touch of elegance and functionality to your daily routine. All units stands apart as it has no attached walls, offering a sense of privacy and tranquility that feels more like a standalone home. The main house is vacant and great for Owner users. All Units are totally remodeled with New Bathroom and done Showers. In unit Washer and Dryer in the Three Units. Separate two other Studio upstairs and they are Sharing community washer and Dryer. Four Cover Parking garage spaces with alley access. Phenominal Location with easy access to some many top dining, markets, parks, and schools. Embrace the vibrant Santa Monica lifestyle with all the amenities and conveniences at your fingertips. Don't miss the opportunity to call this beautiful building a home and a fantastic generational investment vehicle.
$1,750,000
1856 9th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 2,568
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1947
- Baths:
- 4.00
- MLS#:
- 24399999
ADDITIONAL INFORMATION
Back on the Market - One Unit will be Delivered Vacant - This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7 unit investment property (1850 9th street to be acquired separately) . 1856 9th St. consists of a 4 plex with the following unit mix 2, one-bedroom, one-bathroom units and 2, two bedroom, one bath units there is a two car garage that is attached to the rear unit. These units are situated on a large 7,283 sq. ft. lot, zoned R2. The value-add opportunity would be to acquire the adjacent property to add additional parking, build an ADU or combination thereof.
$1,375,000
1850 9th Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 1,686
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- 3.00
- MLS#:
- 24399729
ADDITIONAL INFORMATION
Back on the Market - Owner User Opportunity (one unit to be delivered vacant) & A great value-added investment opportunity for an investor to acquire a double lot, 7 unit investment property (1856 9th street to be acquired separately) . This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. 1850 9th St. consists of 3, one-bedroom, one-bathroom units and is situated on a large 7,232 sq. ft. lot, zoned R2. One of the one-bedroom units, with laundry, will be delivered vacant. The site has a large vacant area at the rear of the property. The value-add opportunity would be to add additional parking, build an ADU or combination thereof.
$3,600,000
Yale Street Street Santa Monica, CA 90404
- Type:
- Cluster
- Sq.Ft.:
- 3,725
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.21 Acres
- Year built:
- 1946
- Baths:
- 7.00
- MLS#:
- 24395013
ADDITIONAL INFORMATION
1446 & 1448 Yale Street is a seven-unit 3,725 net rentable SF property located in Santa Monica. The unit mix consists of (1) x Studio/1 Bath unit and (6) x 2 Bed/2 Bath units. Zoned R2, the property sits on a 9,000 SF lot. Originally built in 1946, the property has been recently completely renovated. Onsite amenities include gated glass entry, lush landscaping, courtyard with a BBQ, and fully-equipped kitchens with deluxe stainless steel appliances. The property includes a one-story building and a two-story building. There are five carport parking spaces, along with a multi-bike rack within the gated property. The property is located just southeast of Santa Monica Blvd. The 10 & 405 Freeways are located nearby. The Expo/Bundy Metro Station stop is located within 1.2 miles. For more information on Maximum Allowable Rents, please refer to the City of Santa Monica Housing Authority and Rent Control.
$2,225,000
1523 18th St Santa Monica, CA 90404
- Type:
- Apartment
- Sq.Ft.:
- 5,238
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- SB24030349
ADDITIONAL INFORMATION
UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
$2,295,000
1937 17th Street Santa Monica, CA 90404
- Type:
- Apartment
- Sq.Ft.:
- 4,840
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- GD24082321
ADDITIONAL INFORMATION
Property consists of two separate structures, a double-car garage plus eight open parking spaces serviced by a rear alley. The front building has five units including one 3 BD/1 & 1/2 BA unit and four 2BD/1BA units. The rear building is a 2 BD/1 BA single family house. Great rent income upside on tenant turnover.
Santa Monica Real Estate
The median home value in Santa Monica, CA is $1,656,900. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Santa Monica, CA is $1,656,900. Approximately 25.36% of Santa Monica homes are owned, compared to 63.49% rented, while 11.15% are vacant. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Monica real estate agent to arrange a tour today!
Santa Monica, California 90404 has a population of 92,828. Santa Monica 90404 is less family-centric than the surrounding county with 27.41% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Santa Monica, California 90404 is $99,847. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Santa Monica 90404 is 41.4 years.
Santa Monica Weather
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.