Santa Monica CA Multi Family for Sale
$4,995,000
1017 5th Street Santa Monica, CA 90403
- Type:
- Cluster
- Sq.Ft.:
- 7,881
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.17 Acres
- Year built:
- 1958
- Baths:
- 11.00
- MLS#:
- 24376265
ADDITIONAL INFORMATION
Incredible investment opportunity located 5 blocks from the beach in the highly desirable Wilshire / Montana neighborhood of Santa Monica. This 11-unit apartment building consists of (3) two bedrooms one bathroom, (6) one bedroom one bathroom, and (2) singles. Units consist of hardwood floors, standard kitchens, and balconies/patios. Currently, there are 9 vacant units giving an investor the opportunity to achieve market rents. Exceptional Santa Monica location - within close distance to Montana Ave, The Third Street Promenade, The Santa Monica Pier and the beach. Soft story retrofit has been completed.
- Type:
- Cluster
- Sq.Ft.:
- 5,262
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.19 Acres
- Year built:
- 1957
- Baths:
- 7.00
- MLS#:
- 24365407
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity at 649 Ocean Park Boulevard, where a remarkable 7-unit apartment complex is waiting for you in the prime Ocean Park area of Santa Monica. This extraordinary property offers a mix of one and two-bedroom apartments, some of which feature breathtaking ocean views. Perched on a hilltop, this property offers an unparalleled living experience. Its ideal location places it just half a mile away from the beach, surrounded by a wide range of dining establishments, shops, and cafes along Ocean Park Boulevard. The rental rates reflect the exceptional value of Santa Monica, but this is your chance to seize a perfect investment opportunity. Don't miss the chance to make a smart move in the real estate markets. Schedule a showing today and secure your stake in this prime piece of real estate.
$1,550,000
2535 6th Street Santa Monica, CA 90405
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- CL24361865
View additional info
Courtesy: KW Advisors
ADDITIONAL INFORMATION
First time on the market in over 36 Years! This triplex was built in 1923 and is located in the well sought after Ocean Park neighborhood of Santa Monica just blocks from Main Street and the beach. The property is the perfect owner-user or developer's dream and is comprised of three units and two individual one car garages. The property offers side by side studio/1 bath apartment units in the front and a stand-alone studio/1 bath apartment in the back. Each unit has its own electric meter. Needs some TLC with tremendous potential. With the ability to obtain market rents in a highly desired neighborhood, this property offers investors or owner-users a great opportunity to acquire a value add asset in a strong rental market.
Santa Monica Real Estate
The median home value in Santa Monica, CA is $1,591,000. 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 $1,591,000. 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 has a population of 92,828. Santa Monica is less family-centric than the surrounding county with 28.07% 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 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 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.