Santa Monica CA Multi-Family Real Estate, Homes for Sale

** PLEASE DO NOT WALK PROPERTY **A rare and fully reimagined 6 unit income property in the heart of Santa Monica's coveted Sunset Park, 1022 Grant Street offers the increasingly difficult-to-find combination of character, extensive renovation and upgrades, private outdoor spaces and impressive market rents. Originally a five-unit property and now enhanced by a newly added 1 bedroom ADU, the property offers 6 residences, many of which feel more like individual homes than apartments. At the heart of the property are 3 highly desirable 2 bedroom bungalow-style residences, each with its own private entrance and with beautifully landscaped front garden spaces and some with patio spaces. Extensively remodeled (with Permits) incorporating a clean, timeless aesthetic, these residences feel like small houses and feature custom cabinetry, Caesarstone countertops, new appliances, wide-plank oak flooring, frameless glass showers with custom tiles and vanity, stacked in-unit washer/dryers and individual HVAC or mini-split systems. Ample double hung windows, mature landscaping and thoughtful separation create exceptionally light, private and inviting residences! Two additional units are positioned above the rear garages, providing separation from the bungalows, while the newly added and oversized 1 bedroom ADU further enhances the property's income and flexibility. 2 private garages are also assigned to the bungalows . Perhaps most compelling, all but one of the residences are leased at impressive market rents, offering the unusual opportunity to acquire a substantially renovated Santa Monica income property without the significant loss-to-lease associated with most Santa Monica and Los Angeles income offerings. Equally compelling for an investor seeking strong, highly desirable rental product or an owner-user looking for a distinctive residence supplemented by meaningful income. Set along a quiet, tree-lined street in one of Sunset Park's most desirable residential pockets, the property is moments from the restaurants, cafes and neighborhood amenities of Ocean Park and minutes from the beach. Beautifully renovated, predominantly market-rent, bungalow-style multifamily properties of this quality are exceedingly difficult to replicate in Santa Monica making 1022 Grant Street a truly rare offering. Call for information and showing.

1022 Grant St, Santa Monica

Courtesy of Pacifica West Properties, Jack Graniti - CA DRE#01317555

$3,950,000

9 Beds ⋅ 6 Baths ⋅ 26986431 MLS

** PLEASE DO NOT WALK PROPERTY **A rare and fully reimagined 6 unit income property in the heart of Santa Monica's coveted Sunset Park, 1022 Grant Street offers the increasingly difficult-to-find combination of character, extensive renovation and upgrades, private outdoor spaces and impressive market rents. Originally a five-unit property and now enhanced by a newly added 1 bedroom ADU, the property offers 6 residences, many of which feel more like individual homes than apartments. At the heart of the property are 3 highly desirable 2 bedroom bungalow-style residences, each with its own private entrance and with beautifully landscaped front garden spaces and some with patio spaces. Extensively remodeled (with Permits) incorporating a clean, timeless aesthetic, these residences feel like small houses and feature custom cabinetry, Caesarstone countertops, new appliances, wide-plank oak flooring, frameless glass showers with custom tiles and vanity, stacked in-unit washer/dryers and individual HVAC or mini-split systems. Ample double hung windows, mature landscaping and thoughtful separation create exceptionally light, private and inviting residences! Two additional units are positioned above the rear garages, providing separation from the bungalows, while the newly added and oversized 1 bedroom ADU further enhances the property's income and flexibility. 2 private garages are also assigned to the bungalows . Perhaps most compelling, all but one of the residences are leased at impressive market rents, offering the unusual opportunity to acquire a substantially renovated Santa Monica income property without the significant loss-to-lease associated with most Santa Monica and Los Angeles income offerings. Equally compelling for an investor seeking strong, highly desirable rental product or an owner-user looking for a distinctive residence supplemented by meaningful income. Set along a quiet, tree-lined street in one of Sunset Park's most desirable residential pockets, the property is moments from the restaurants, cafes and neighborhood amenities of Ocean Park and minutes from the beach. Beautifully renovated, predominantly market-rent, bungalow-style multifamily properties of this quality are exceedingly difficult to replicate in Santa Monica making 1022 Grant Street a truly rare offering. Call for information and showing.

1022 Grant Street, Santa Monica

Listing courtesy of Listing Agent: Jack Graniti (jack@PacificaWest.com) from Listing Office: Pacifica West Properties.

$4,150,000

16 Beds ⋅ 17 Baths ⋅ 26985409 MLS

1757 17th Street is a 9-unit apartment building plus a non-conforming studio situated on the northeast corner of Michigan Avenue and 17th Street in Santa Monica. Built in 1997, the property consists of approximately 8,306 square feet of building area on a 9,297-square-foot lot and is being offered for sale by the original ownership for the first time.The unit mix consists of eight two-bedroom/two-bathroom units and one one-bedroom unit, plus a non-conforming studio. Five residences feature two-story layouts with dramatic high ceilings and loft/office areas, including four townhouse-style units with large private rooftop patios. All units, including the studio, offer private outdoor space. Built in 1997, the property is not subject to Santa Monica rent control, with two units deed restricted at 60% of area median income through 2050. The property features secure controlled entry and 19 on-site parking spaces, including 16 secure underground spaces and three additional surface spaces at the rear of the property. Additional features include individually metered water, gas and electricity, and on-site laundry facilities. Ideally located near Santa Monica College, the 17th Street/SMC Metro station and approximately 17 blocks from the beach, the property benefits from a Walk Score of 82 and convenient access to the many amenities of Santa Monica.

1757 17th St, Santa Monica

Courtesy of Marcus & Millichap, Benjamin Lewin - CA DRE#02040686

$4,150,000

16 Beds ⋅ 17 Baths ⋅ 26985409 MLS

1757 17th Street is a 9-unit apartment building plus a non-conforming studio situated on the northeast corner of Michigan Avenue and 17th Street in Santa Monica. Built in 1997, the property consists of approximately 8,306 square feet of building area on a 9,297-square-foot lot and is being offered for sale by the original ownership for the first time.The unit mix consists of eight two-bedroom/two-bathroom units and one one-bedroom unit, plus a non-conforming studio. Five residences feature two-story layouts with dramatic high ceilings and loft/office areas, including four townhouse-style units with large private rooftop patios. All units, including the studio, offer private outdoor space. Built in 1997, the property is not subject to Santa Monica rent control, with two units deed restricted at 60% of area median income through 2050. The property features secure controlled entry and 19 on-site parking spaces, including 16 secure underground spaces and three additional surface spaces at the rear of the property. Additional features include individually metered water, gas and electricity, and on-site laundry facilities. Ideally located near Santa Monica College, the 17th Street/SMC Metro station and approximately 17 blocks from the beach, the property benefits from a Walk Score of 82 and convenient access to the many amenities of Santa Monica.

1757 17th Street, Santa Monica

Listing courtesy of Listing Agent: Benjamin Lewin (Benjamin.Lewin@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$1,850,000

7 Beds ⋅ 7 Baths ⋅ 26961579 MLS

Prime Santa Monica Quadruplex | Investment Opportunity with Strong Upside Potential. Positioned in one of Santa Monica's most sought-after coastal markets, 2447 Chelsea Place presents an attractive opportunity for investors seeking a well-located multi-family asset with a desirable unit mix and long-term potential. The property consists of four residential units, offering a versatile configuration of three 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. Two of the larger units are located upstairs and feature private balconies, while two residences are situated on the lower level. Each unit is assigned a covered carport, and residents have access to community laundry facilities as well as an inviting patio area to enjoy. The diverse unit mix provides flexibility for attracting a broad tenant base while creating the potential for a stable and diversified rental stream. For an investor, the property's appeal extends beyond its current configuration, offering an opportunity to evaluate future improvements, unit enhancements, and other value-add strategies that may increase rental appeal and overall asset performance. Location is a significant component of the investment story. Santa Monica consistently commands attention for its limited housing supply, highly desirable coastal setting, established rental demand, and proximity to employment, entertainment, dining, shopping, and recreation. The property places residents within easy reach of the beach, parks, local businesses, and the distinctive lifestyle that continues to make Santa Monica one of Southern California's premier residential destinations. For investors looking to acquire a multi-unit property in a high-demand coastal market, 2447 Chelsea Place offers a compelling combination of unit diversity, desirable location, and value-add potential. An opportunity to acquire a four-unit asset in Santa Monica and position it for long-term income and appreciation. A strategic addition to an income-focused portfolio or an opportunity for an investor seeking to unlock additional value in one of California's most established coastal communities.

2447 Chelsea Pl, Santa Monica

Courtesy of Element RE, Inc, Keri White - CA DRE#01491049

$1,850,000

7 Beds ⋅ 7 Baths ⋅ 26961579 MLS

Prime Santa Monica Quadruplex | Investment Opportunity with Strong Upside Potential. Positioned in one of Santa Monica's most sought-after coastal markets, 2447 Chelsea Place presents an attractive opportunity for investors seeking a well-located multi-family asset with a desirable unit mix and long-term potential. The property consists of four residential units, offering a versatile configuration of three 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. Two of the larger units are located upstairs and feature private balconies, while two residences are situated on the lower level. Each unit is assigned a covered carport, and residents have access to community laundry facilities as well as an inviting patio area to enjoy. The diverse unit mix provides flexibility for attracting a broad tenant base while creating the potential for a stable and diversified rental stream. For an investor, the property's appeal extends beyond its current configuration, offering an opportunity to evaluate future improvements, unit enhancements, and other value-add strategies that may increase rental appeal and overall asset performance. Location is a significant component of the investment story. Santa Monica consistently commands attention for its limited housing supply, highly desirable coastal setting, established rental demand, and proximity to employment, entertainment, dining, shopping, and recreation. The property places residents within easy reach of the beach, parks, local businesses, and the distinctive lifestyle that continues to make Santa Monica one of Southern California's premier residential destinations. For investors looking to acquire a multi-unit property in a high-demand coastal market, 2447 Chelsea Place offers a compelling combination of unit diversity, desirable location, and value-add potential. An opportunity to acquire a four-unit asset in Santa Monica and position it for long-term income and appreciation. A strategic addition to an income-focused portfolio or an opportunity for an investor seeking to unlock additional value in one of California's most established coastal communities.

2447 Chelsea Place, Santa Monica

Listing courtesy of Listing Agent: Keri White (hello@keriwhite.com) from Listing Office: Element RE, Inc.

$5,485,000

SB26194031 MLS

An exceptional opportunity to acquire a meticulously remodeled 11-unit apartment building in one of Santa Monica’s most coveted North of Wilshire locations. 1017 5th Street offers the rare combination of a true trophy-quality location, high-end renovated units and investment returns that are exceedingly difficult to find in prime Santa Monica. Offered at $5,485,000, the property generates a compelling 5.39% current cap rate and 13.07 GRM, providing investors with unusually strong in-place cash flow for an asset of this quality and location. The investment becomes even more compelling on pro forma rents, reaching approximately a 6.69% cap rate and 11.03 GRM, with roughly 19% remaining rental upside. The property has undergone extensive upgrades and features beautifully remodeled, high-end units designed to attract Santa Monica’s premium renter base. This is not a heavy value-add project requiring years of construction, tenant turnover and capital expenditures. The work has largely been done, creating an exceptionally easy-to-own and easy-to-manage asset with strong income from day one.

1017 5th, Santa Monica

Listing courtesy of Listing Agent: Cameron Samimi (cameron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$1,555,000

5 Beds ⋅ 4 Baths ⋅ 26871573 MLS

This absolutely charming beach duplex is the kind of property that rarely comes along - beautifully renovated and brimming with opportunity. Featuring a vacant, beautifully updated 3-bedroom, 2-bath owner's residence plus a leased 2-bedroom, 2-bath residence generating $3,593 per month, this exceptional property offers the perfect blend of coastal lifestyle and investment potential. The location is truly unbeatable. Situated in one of Santa Monica's most sought - after neighborhoods, you're just moments from Grant Elementary, Clover Park, and the vibrant Ocean Park corridor, home to some of the area's best restaurants, cafes, boutiques, and local favorites. With three side-by-side parking spaces and a turnkey presentation throughout, this special property presents an incredible opportunity for an owner-user, investor, or anyone dreaming of the ultimate beach lifestyle with built-in income. When comparable 3-bedroom, 2-bath homes in Sunset Park start at $2.2 million or more, the question becomes: why buy a single-family home when you can own a duplex? Live in the spacious three-bedroom residence, collect income from the second residence, and enjoy the best of both worlds. Rare, flexible, and full of coastal charm, this is an exciting opportunity that doesn't come around often. ***OFFER DEADLINE: SEPTEMBER 14, 2026 BY 6 PM***

2402 Ocean Park Blvd, Santa Monica

Courtesy of Create, Stace Valnes - CA DRE#00989680

$2,490,000

6 Beds ⋅ 4 Baths ⋅ 26924043 MLS

Quiet garden setting. Well maintained 4 unit building on quiet tree-lined street. 2 units above 5 single garages overlooking grass backyard. 2 units downstairs surrounded by lush landscaping. Earthquake retrofitting has been completed. Interior inspection with accepted offer only. Do not disturb tenants.

2005 Oak St, Santa Monica

Courtesy of Poptsis Realty, George Poptsis - CA DRE#00683006

$4,895,000

12 Beds ⋅ 14 Baths ⋅ 26873441 MLS

Attention, Owner-Users and Investors: This amazing six-unit luxury building is located just south of Montana Avenue in a prime, highly sought neighborhood of Santa Monica. Enjoy strong income and upside potential! Three of six units, including the front owner's unit, will be delivered vacant upon close of escrow. Live in a fabulous home and rent out the others or add this to your investment portfolio and purchase an amazing property at a great value. The large front-facing owner's unit is like a single-family residence and spans three levels, with three bedrooms, 3.5 bathrooms, a huge extra bonus room, and a four-car garage. Five additional units have been renovated or are in excellent condition and include a mix of single-level and townhouses, each with a one-car garage. The large front unit includes a beautiful French country kitchen with top-of-the-line appliances, a formal dining room with sliding doors opening to a side patio for al-fresco dining, and a primary suite with excellent treetop views. Secondary bedrooms are spacious, and a lower level has a bonus flex space that can be used for guests, as a hobby room, artist's retreat, office, gym, and more. Attached to the bonus room is a private laundry room with side-by-side washer/dryer. Welcome!

828 16th St, Santa Monica

Courtesy of Compass, Sally Forster Jones - CA DRE#00558939

$1,555,000

5 Beds ⋅ 4 Baths ⋅ 26871573 MLS

This absolutely charming beach duplex is the kind of property that rarely comes along - beautifully renovated and brimming with opportunity. Featuring a vacant, beautifully updated 3-bedroom, 2-bath owner's residence plus a leased 2-bedroom, 2-bath residence generating $3,593 per month, this exceptional property offers the perfect blend of coastal lifestyle and investment potential. The location is truly unbeatable. Situated in one of Santa Monica's most sought - after neighborhoods, you're just moments from Grant Elementary, Clover Park, and the vibrant Ocean Park corridor, home to some of the area's best restaurants, cafes, boutiques, and local favorites. With three side-by-side parking spaces and a turnkey presentation throughout, this special property presents an incredible opportunity for an owner-user, investor, or anyone dreaming of the ultimate beach lifestyle with built-in income. When comparable 3-bedroom, 2-bath homes in Sunset Park start at $2.2 million or more, the question becomes: why buy a single-family home when you can own a duplex? Live in the spacious three-bedroom residence, collect income from the second residence, and enjoy the best of both worlds. Rare, flexible, and full of coastal charm, this is an exciting opportunity that doesn't come around often. ***OFFER DEADLINE: SEPTEMBER 14, 2026 BY 6 PM***

2402 Ocean Park Boulevard, Santa Monica

Listing courtesy of Listing Agent: Stace Valnes (stace@cr8re.com) from Listing Office: Create.

$2,490,000

6 Beds ⋅ 4 Baths ⋅ 26924043 MLS

Quiet garden setting. Well maintained 4 unit building on quiet tree-lined street. 2 units above 5 single garages overlooking grass backyard. 2 units downstairs surrounded by lush landscaping. Earthquake retrofitting has been completed. Interior inspection with accepted offer only. Do not disturb tenants.

2005 Oak Street, Santa Monica

Listing courtesy of Listing Agent: George Poptsis (poptsisg@gmail.com) from Listing Office: Poptsis Realty.

$4,895,000

12 Beds ⋅ 14 Baths ⋅ 26873441 MLS

Attention, Owner-Users and Investors: This amazing six-unit luxury building is located just south of Montana Avenue in a prime, highly sought neighborhood of Santa Monica. Enjoy strong income and upside potential! Three of six units, including the front owner's unit, will be delivered vacant upon close of escrow. Live in a fabulous home and rent out the others or add this to your investment portfolio and purchase an amazing property at a great value. The large front-facing owner's unit is like a single-family residence and spans three levels, with three bedrooms, 3.5 bathrooms, a huge extra bonus room, and a four-car garage. Five additional units have been renovated or are in excellent condition and include a mix of single-level and townhouses, each with a one-car garage. The large front unit includes a beautiful French country kitchen with top-of-the-line appliances, a formal dining room with sliding doors opening to a side patio for al-fresco dining, and a primary suite with excellent treetop views. Secondary bedrooms are spacious, and a lower level has a bonus flex space that can be used for guests, as a hobby room, artist's retreat, office, gym, and more. Attached to the bonus room is a private laundry room with side-by-side washer/dryer. Welcome!

828 16th Street, Santa Monica

Listing courtesy of Listing Agent: Sally Forster Jones (showings@sallyforsterjones.com) from Listing Office: Compass.

$1,999,000

5 Beds ⋅ 2 Baths ⋅ 26876629 MLS

Enchanting Duplex in the Heart of Sunset Park discover the allure of Santa Monica living in the highly coveted neighborhood, just a leisurely stroll from the restaurants and shops of Lincoln Boulevard, Abbot Kinney, Rose Ave, and Main Street, Santa Monica. The beach is less than a mile away! Two stand-alone homes each with their own private yard sit on this spacious 4,800 SF lot. Live in one unit while enjoying rental income from the other. Enter through the front gate and find yourself amongst the lush mature trees and foliage providing a truly serene and peaceful setting. The front house has two bedrooms and one bath, with hardwood floors throughout. This inviting home features a spacious open living and dining area, perfect for relaxation. Enjoy your own tranquil front yard retreat, ideal for morning coffee or quiet evenings under the stars. The rear home has new windows throughout as well as new kitchen cabinets. Complete with three spacious bedrooms and one and half baths. This spacious unit comes with generous outdoor areas, including a front yard and patio perfect for entertaining friends or basking in the California sun. The rear unit presents an exciting opportunity with a projected market rent of $6,000. A four-car garage (800 SF) awaits your creative touch, offering potential for conversion into an additional unit. Don't miss this incredible opportunity to own in one of the best neighborhoods in Santa Monica!

1014 Pier Ave, Santa Monica

Courtesy of Compass, Eric Hartnack - CA DRE#02113497

$2,595,000

10 Beds ⋅ 8 Baths ⋅ 26875531 MLS

Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.

1252 23rd St, Santa Monica

Courtesy of Wellman Realty Co., Wes Wellman - CA DRE#00467451

$1,999,000

5 Beds ⋅ 2 Baths ⋅ 26876629 MLS

Enchanting Duplex in the Heart of Sunset Park discover the allure of Santa Monica living in the highly coveted neighborhood, just a leisurely stroll from the restaurants and shops of Lincoln Boulevard, Abbot Kinney, Rose Ave, and Main Street, Santa Monica. The beach is less than a mile away! Two stand-alone homes each with their own private yard sit on this spacious 4,800 SF lot. Live in one unit while enjoying rental income from the other. Enter through the front gate and find yourself amongst the lush mature trees and foliage providing a truly serene and peaceful setting. The front house has two bedrooms and one bath, with hardwood floors throughout. This inviting home features a spacious open living and dining area, perfect for relaxation. Enjoy your own tranquil front yard retreat, ideal for morning coffee or quiet evenings under the stars. The rear home has new windows throughout as well as new kitchen cabinets. Complete with three spacious bedrooms and one and half baths. This spacious unit comes with generous outdoor areas, including a front yard and patio perfect for entertaining friends or basking in the California sun. The rear unit presents an exciting opportunity with a projected market rent of $6,000. A four-car garage (800 SF) awaits your creative touch, offering potential for conversion into an additional unit. Don't miss this incredible opportunity to own in one of the best neighborhoods in Santa Monica!

1014 Pier Avenue, Santa Monica

Listing courtesy of Listing Agent: Eric Hartnack (eric.hartnack@compass.com) from Listing Office: Compass.

$2,595,000

10 Beds ⋅ 8 Baths ⋅ 26875531 MLS

Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.

1252 23rd Street, Santa Monica

Listing courtesy of Listing Agent: Wes Wellman (wes@wellmanproperties.com) from Listing Office: Wellman Realty Co..

$6,749,000

9 Beds ⋅ 10 Baths ⋅ 26880925 MLS

Rare opportunity to own a premier 8-unit mixed-use property just one block from the beach in the heart of Santa Monica. Perfectly positioned near popular shops, restaurants, and cafes, this property combines lifestyle appeal with strong investment potential in one of Los Angeles' most desirable neighborhoods. The building features seven residential units and one street-facing retail space. The residential mix includes six spacious 1-bedroom units, ranging from approximately 659 to 842 rentable sq. ft., each offering private outdoor areas between 48 and 237 sq. ft. These units offer a comfortable, beachside living experience that tenants seek out year-round. The standout feature is the townhouse-style owner's unit, measuring approximately 2,550 rentable sq. ft. This 3-bedroom, 2.5-bath home has 1,200 sq. ft. of private outdoor space, including a rooftop deck with ocean views offering the privacy and comfort of a single-family home, with all the perks of income property ownership. The retail unit, approximately 434 rentable sq. ft., offers Main Street frontage and excellent visibility in a high-foot-traffic area perfect for a boutique business or steady lease income. An added advantage is the 16 on-site parking spaces, a rare and highly valuable amenity in this sought-after coastal market. Whether you're an investor seeking a trophy location or an owner-user looking to live steps from the beach while generating revenue, this property offers incredible flexibility. With its unbeatable location, strong rental demand, and turnkey layout, 2216 Main Street is a truly exceptional long-term asset. Don't miss your chance to own a one-of-a-kind property that delivers both lifestyle and financial upside in iconic Santa Monica.

2216 Main St Unit 8 Units, Santa Monica

Courtesy of Berkshire Hathaway HomeServices California Propert, Lee Johnson - CA DRE#01259992

$7,795,000

SR26186919 MLS

The Idaho & 3rd Apartments are a well maintained 20-unit apartment community located in the primest of prime locations in Santa Monica, California. Set amid lush surroundings on a 15,006 square foot lot, the 15,640 square foot property offers studios, one- and two-bedroom apartment homes. Built in 1954, the property offers, a phenomenal rental location and superb freeway access. Highlights: * Prime Prime Prime Location * Two Blocks to Palisades Park * 10%+ Upside in Rents on * As Is Condition * Renovation & Reposition Opportunity

222 228 Idaho, Santa Monica

Listing courtesy of Listing Agent: Warren Berzack (wberzack@lee-re.com) from Listing Office: Warren Lee Berzack.

$5,300,000

32 Beds ⋅ 24 Baths ⋅ 26876197 MLS

[OFFERING CONSISTS OF TWO SIX-UNIT PROPERTIES WITH SEPARATE APN'S BEING SOLD TOGETHER: 4282-031-007 & 4282-031-008] 1518 & 1524 12th Street presents a rare opportunity to acquire two side-by-side 6-unit multifamily properties totaling 12 units in the heart of Santa Monica. Built in 1974, the offering consists of two adjacent properties, each with its own separate APN, and four residential structures, creating a unique multifamily investment opportunity in one of Southern California's most desirable rental markets. The properties are part of an A+ located, five-building Westside portfolio totaling 60 units, with the properties available for acquisition separately or together as a portfolio. The properties are distinguished by an exceptional unit mix consisting entirely of large two- and three-bedroom residences averaging approximately 1,237 square feet per unit. The unit mix includes five 3-bedroom/2.5-bath units, three 3-bedroom/1.5-bath units and four 2-bedroom/2-bath units. With two-thirds of the units offering three bedrooms, the property provides a concentration of large residences that are increasingly difficult to replicate in Santa Monica. The investment offers approximately 31% future rental upside, providing new ownership with a compelling opportunity for significant income growth. Select units have already undergone luxury interior renovations, demonstrating the property's potential as additional residences are upgraded and repositioned over time. The properties provide substantial on-site parking, including (2) 2-car garages, (4) driveway spots and (10) additional single parking spaces. The seismic soft-story retrofit has also been completed and the main and sub electrical panels have been updated, representing important capital improvements for future ownership. Situated in the heart of Santa Monica, 1518 & 1524 12th Street is just five blocks from the Metro Rail Expo Line and minutes from Downtown Santa Monica, the Santa Monica Pier, Third Street Promenade, the beach and the area's exceptional retail and dining. The nearby Metro provides convenient direct connectivity to the greater Los Angeles area while residents enjoy the lifestyle and amenities associated with one of the Westside's premier coastal communities. Note: The other properties comprising the five-building Westside portfolio are 1833 Westholme Avenue (16 units), 1811 S. Bentley Avenue (15 units), 1524 Granville Avenue (10 units), and 1507 Berkeley Street (7 units). The properties are available for acquisition separately or together as a portfolio.

1518 12th St, Santa Monica

Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser - CA DRE#02128816

$2,400,000

15 Beds ⋅ 13 Baths ⋅ 26876171 MLS

1507 Berkeley Street presents a rare opportunity to acquire a boutique 7-unit townhome-style multifamily property in an A+ Mid-City Santa Monica location adjacent to Brentwood. Built in 1964, this attractive two-story property combines the privacy and residential feel of townhome living with oversized two- and three-bedroom floor plans in one of the Westside's highest-demand coastal rental markets. The property is part of an A+ located, five-building Westside portfolio totaling 60 units, available for acquisition individually or together as a portfolio. A defining feature of 1507 Berkeley Street is its two-story townhome-style design, with each residence benefiting from its own separate, private ground-level entrance, and select units featuring private outdoor patios. The property offers an exceptional unit mix consisting entirely of large two- and three-bedroom residences averaging approximately 1,106 square feet per unit, including one 3BR/1.5BA unit, five 2BR/1.5BA units and one 2BR/1BA unit. These spacious floor plans, combined with private entrances and select outdoor space, provide a compelling alternative to traditional apartment living. The property offers approximately 40% remaining rental upside, creating a significant opportunity for new ownership to increase income as units turn and rents are repositioned over time, within a supply-constrained coastal market. Additional property features include separately metered gas and electric, on-site parking consisting of a 2-car garage, (2) driveway spots and (5) covered spaces, updated main and sub electrical panels, and a completed seismic soft-story retrofit. Located in the heart of Mid-City Santa Monica and immediately adjacent to Brentwood, the property offers residents exceptional access to both communities. 1507 Berkeley Street is within walking distance of Erewhon, Bristol Farms and the restaurants, retail and nightlife along Santa Monica Boulevard, with convenient access to the beach, Downtown Santa Monica, West Los Angeles and the broader Westside. Note: The other properties comprising the five-building Westside portfolio are 1833 Westholme Avenue (16 units), 1811 S. Bentley Avenue (15 units), 1524 Granville Avenue (10 units), and 1518 & 1524 12th Street (12 units). The properties are available for acquisition separately or together as a portfolio.

1507 Berkeley St, Santa Monica

Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser - CA DRE#02128816

$2,400,000

15 Beds ⋅ 13 Baths ⋅ 26876171 MLS

1507 Berkeley Street presents a rare opportunity to acquire a boutique 7-unit townhome-style multifamily property in an A+ Mid-City Santa Monica location adjacent to Brentwood. Built in 1964, this attractive two-story property combines the privacy and residential feel of townhome living with oversized two- and three-bedroom floor plans in one of the Westside's highest-demand coastal rental markets. The property is part of an A+ located, five-building Westside portfolio totaling 60 units, available for acquisition individually or together as a portfolio. A defining feature of 1507 Berkeley Street is its two-story townhome-style design, with each residence benefiting from its own separate, private ground-level entrance, and select units featuring private outdoor patios. The property offers an exceptional unit mix consisting entirely of large two- and three-bedroom residences averaging approximately 1,106 square feet per unit, including one 3BR/1.5BA unit, five 2BR/1.5BA units and one 2BR/1BA unit. These spacious floor plans, combined with private entrances and select outdoor space, provide a compelling alternative to traditional apartment living. The property offers approximately 40% remaining rental upside, creating a significant opportunity for new ownership to increase income as units turn and rents are repositioned over time, within a supply-constrained coastal market. Additional property features include separately metered gas and electric, on-site parking consisting of a 2-car garage, (2) driveway spots and (5) covered spaces, updated main and sub electrical panels, and a completed seismic soft-story retrofit. Located in the heart of Mid-City Santa Monica and immediately adjacent to Brentwood, the property offers residents exceptional access to both communities. 1507 Berkeley Street is within walking distance of Erewhon, Bristol Farms and the restaurants, retail and nightlife along Santa Monica Boulevard, with convenient access to the beach, Downtown Santa Monica, West Los Angeles and the broader Westside. Note: The other properties comprising the five-building Westside portfolio are 1833 Westholme Avenue (16 units), 1811 S. Bentley Avenue (15 units), 1524 Granville Avenue (10 units), and 1518 & 1524 12th Street (12 units). The properties are available for acquisition separately or together as a portfolio.

1507 Berkeley Street, Santa Monica

Listing courtesy of Listing Agent: Jake Glaser (jake@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$5,300,000

32 Beds ⋅ 24 Baths ⋅ 26876197 MLS

[OFFERING CONSISTS OF TWO SIX-UNIT PROPERTIES WITH SEPARATE APN'S BEING SOLD TOGETHER: 4282-031-007 & 4282-031-008] 1518 & 1524 12th Street presents a rare opportunity to acquire two side-by-side 6-unit multifamily properties totaling 12 units in the heart of Santa Monica. Built in 1974, the offering consists of two adjacent properties, each with its own separate APN, and four residential structures, creating a unique multifamily investment opportunity in one of Southern California's most desirable rental markets. The properties are part of an A+ located, five-building Westside portfolio totaling 60 units, with the properties available for acquisition separately or together as a portfolio. The properties are distinguished by an exceptional unit mix consisting entirely of large two- and three-bedroom residences averaging approximately 1,237 square feet per unit. The unit mix includes five 3-bedroom/2.5-bath units, three 3-bedroom/1.5-bath units and four 2-bedroom/2-bath units. With two-thirds of the units offering three bedrooms, the property provides a concentration of large residences that are increasingly difficult to replicate in Santa Monica. The investment offers approximately 31% future rental upside, providing new ownership with a compelling opportunity for significant income growth. Select units have already undergone luxury interior renovations, demonstrating the property's potential as additional residences are upgraded and repositioned over time. The properties provide substantial on-site parking, including (2) 2-car garages, (4) driveway spots and (10) additional single parking spaces. The seismic soft-story retrofit has also been completed and the main and sub electrical panels have been updated, representing important capital improvements for future ownership. Situated in the heart of Santa Monica, 1518 & 1524 12th Street is just five blocks from the Metro Rail Expo Line and minutes from Downtown Santa Monica, the Santa Monica Pier, Third Street Promenade, the beach and the area's exceptional retail and dining. The nearby Metro provides convenient direct connectivity to the greater Los Angeles area while residents enjoy the lifestyle and amenities associated with one of the Westside's premier coastal communities. Note: The other properties comprising the five-building Westside portfolio are 1833 Westholme Avenue (16 units), 1811 S. Bentley Avenue (15 units), 1524 Granville Avenue (10 units), and 1507 Berkeley Street (7 units). The properties are available for acquisition separately or together as a portfolio.

1518 12th Street, Santa Monica

Listing courtesy of Listing Agent: Jake Glaser (jake@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$2,350,000

8 Beds ⋅ 6 Baths ⋅ 26875689 MLS

Rarely available 5 unit beach style compound with front duplex units, rear structure with 3 apartments, central garden, and 4 private garages. HIGHLY DESIRABLE SANTA MONICA POCKET steps from the beach, Montana Avenue, premium retail, and a mix of top-tier dining. Within a major medical corridor including UCLA Health and St Johns Health Center. VALUE ADD OPPORTUNITY nestled within a storybook style street scene lined with palm trees and well manicured courtyards. The property is beautifully landscaped and designed for privacy, centered around a middle garden.*Bungalow-style units with modern finishes and private access. Prime walkable location delivering Santa Monica's best in retail, transit, and coastal access. Ideal for discerning buyers seeking a low-maintenance asset with authentic character and lifestyle perks. Central laundry room + in unit washer/dryers (in front duplex). Addition of ADUs possible with conversion of garages (buyer to verify).

1231 17th St, Santa Monica

Courtesy of Zacuto Group, Jacob Zacuto - CA DRE#01377441

$2,350,000

8 Beds ⋅ 6 Baths ⋅ 26875689 MLS

Rarely available 5 unit beach style compound with front duplex units, rear structure with 3 apartments, central garden, and 4 private garages. HIGHLY DESIRABLE SANTA MONICA POCKET steps from the beach, Montana Avenue, premium retail, and a mix of top-tier dining. Within a major medical corridor including UCLA Health and St Johns Health Center. VALUE ADD OPPORTUNITY nestled within a storybook style street scene lined with palm trees and well manicured courtyards. The property is beautifully landscaped and designed for privacy, centered around a middle garden.*Bungalow-style units with modern finishes and private access. Prime walkable location delivering Santa Monica's best in retail, transit, and coastal access. Ideal for discerning buyers seeking a low-maintenance asset with authentic character and lifestyle perks. Central laundry room + in unit washer/dryers (in front duplex). Addition of ADUs possible with conversion of garages (buyer to verify).

1231 17th Street, Santa Monica

Listing courtesy of Listing Agent: Jacob Zacuto (jake@zacutogroup.com) from Listing Office: Zacuto Group.

$3,295,000

6 Beds ⋅ 5 Baths ⋅ 26875409 MLS

ALL UNITS CAN BE DELIVERED VACANT. An excellent investment opportunity of a single family house with 3 units in the back north of Wilshire. This unique beach-style compound is situated on an oversized lot and features a front house plus three additional units. The property features a classic, updated 1914 California bungalow as the front home, offering three bedrooms, two bathrooms, an office, a private backyard, and hardwood floors. It includes in-unit laundry and gated parking for up to four cars, making it ideal for an owner-user. The rear structure contains three one-bedroom, one-bathroom rental units, all of which will be delivered vacant. This provides immediate rental or repositioning potential. Additional amenities include private garages, storage units, and an on-site laundry room for supplemental income. Located in a highly walkable neighborhood just minutes from the beach, dining, and shopping, this property offers significant upside in one of the Westside's most desirable markets.

1124 12th St, Santa Monica

Courtesy of The Hills Premier Realty, Michelle Kim - CA DRE#01260034

$3,178,000

11 Beds ⋅ 8 Baths ⋅ 26875323 MLS

Welcome to 712 Pacific Street in Ocean Park. Built in 1987 and in excellent condition, this stunning property IS NOT SUBJECT TO SANTA MONICA RENT CONTROL! This well-maintained property offers a compelling combination of occupancy flexibility and investment appeal. All units have been recently remodeled and feature in-unit laundry, central HVAC, private balconies/patios, and convenient side-by-side gated parking. The highly desirable unit mix adds to the property's appeal, while one unit will be delivered vacant, creating the flexibility to owner-occupy or lease it at market rates. Significant capital improvements provide additional peace of mind, including a new flat roof installed in 2023, all-new HVAC systems in every unit installed in 2023/2024, all new windows in 2013, and the completion of all recommended SB 326 work in 2025. Close to hip and trendy shops, coffee, and eateries like Cobi's, Cedar One Coffee Bar, Local Kitchen + Wine Bar, Thyme Bakery, Bob's Market, and Trader Joe's. Also, not far from SMC, UCLA, LMU, and OTIS College of Design. And when it's time to trade the spreadsheets for some sunshine, the world-famous Strand bike path is just a short ride away. Invest confidently in the Ocean Park lifestyle with a 4-Unit property that feels as relaxed and effortlessly cool as the neighborhood itself. With its vibrant beach-town energy, cool ocean breezes, and coveted coastal marine layers, 712 Pacific Street offers an outstanding combination of lifestyle appeal, quality improvements, flexibility, and investment potential.

712 Pacific St, Santa Monica

Courtesy of Compass, Scott Price - CA DRE#01418572

$3,295,000

6 Beds ⋅ 5 Baths ⋅ 26875409 MLS

ALL UNITS CAN BE DELIVERED VACANT. An excellent investment opportunity of a single family house with 3 units in the back north of Wilshire. This unique beach-style compound is situated on an oversized lot and features a front house plus three additional units. The property features a classic, updated 1914 California bungalow as the front home, offering three bedrooms, two bathrooms, an office, a private backyard, and hardwood floors. It includes in-unit laundry and gated parking for up to four cars, making it ideal for an owner-user. The rear structure contains three one-bedroom, one-bathroom rental units, all of which will be delivered vacant. This provides immediate rental or repositioning potential. Additional amenities include private garages, storage units, and an on-site laundry room for supplemental income. Located in a highly walkable neighborhood just minutes from the beach, dining, and shopping, this property offers significant upside in one of the Westside's most desirable markets.

1124 12th Street, Santa Monica

Listing courtesy of Listing Agent: Michelle Kim (michellekimre@gmail.com) from Listing Office: The Hills Premier Realty.

$3,178,000

11 Beds ⋅ 8 Baths ⋅ 26875323 MLS

Welcome to 712 Pacific Street in Ocean Park. Built in 1987 and in excellent condition, this stunning property IS NOT SUBJECT TO SANTA MONICA RENT CONTROL! This well-maintained property offers a compelling combination of occupancy flexibility and investment appeal. All units have been recently remodeled and feature in-unit laundry, central HVAC, private balconies/patios, and convenient side-by-side gated parking. The highly desirable unit mix adds to the property's appeal, while one unit will be delivered vacant, creating the flexibility to owner-occupy or lease it at market rates. Significant capital improvements provide additional peace of mind, including a new flat roof installed in 2023, all-new HVAC systems in every unit installed in 2023/2024, all new windows in 2013, and the completion of all recommended SB 326 work in 2025. Close to hip and trendy shops, coffee, and eateries like Cobi's, Cedar One Coffee Bar, Local Kitchen + Wine Bar, Thyme Bakery, Bob's Market, and Trader Joe's. Also, not far from SMC, UCLA, LMU, and OTIS College of Design. And when it's time to trade the spreadsheets for some sunshine, the world-famous Strand bike path is just a short ride away. Invest confidently in the Ocean Park lifestyle with a 4-Unit property that feels as relaxed and effortlessly cool as the neighborhood itself. With its vibrant beach-town energy, cool ocean breezes, and coveted coastal marine layers, 712 Pacific Street offers an outstanding combination of lifestyle appeal, quality improvements, flexibility, and investment potential.

712 Pacific Street, Santa Monica

Listing courtesy of Listing Agent: Scott Price (scott.price@compass.com) from Listing Office: Compass.

$2,195,000

6 Beds ⋅ 5 Baths ⋅ 26874979 MLS

COMPLETELY VACANT TRIPLEX! HIGHLY MOTIVATED SELLERS!!! FLEXIBILITY ON PRICING!!! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.

1817 17th St, Santa Monica

Courtesy of Nelson Shelton & Associates, Hatim Zaki - CA DRE#01976387

$2,195,000

6 Beds ⋅ 5 Baths ⋅ 26874979 MLS

COMPLETELY VACANT TRIPLEX! HIGHLY MOTIVATED SELLERS!!! FLEXIBILITY ON PRICING!!! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.

1817 17th Street, Santa Monica

Listing courtesy of Listing Agent: Hatim Zaki (HatimZaki.Realtor@gmail.com) from Listing Office: Nelson Shelton & Associates.

$7,650,000

24 Beds ⋅ 24 Baths ⋅ 26871967 MLS

We are proud to present 2727 3rd Street, a rare 22-unit multifamily offering situated in the heart of Santa Monica's sought-after Ocean Park neighborhood, just blocks from the celebrated dining and boutique retail of Main Street and less than half a mile from the sand and surf of Santa Monica State Beach. The property was built in 1969 and has been held by the original owners since. The two-story, courtyard-style building encompasses approximately 17,020 square feet of rentable space across 20 spacious one-bedroom/one-bathroom units and two generously sized two-bedroom/one-and-a-half-bathroom residences. Unit sizes are notably large for the submarket, with one-bedroom floor plans at 750 square feet and two-bedroom homes reaching 1,010 square feet offering tenants meaningful living space at a time when newer coastal product skews smaller. Select upper-floor units feature private balconies with ocean and neighborhood views, while ground-floor residences enjoy enclosed patios premium amenities that continue to command leasing velocity and resident loyalty in this supply-constrained corridor. The property is completed by 22 covered, gated parking spaces, where dedicated parking is highly valued. Organic income growth without the need for capital displacement or tenant buyouts. This embedded rent upside represents one of the most attractive features of the offering, with the potential to dramatically accelerate net operating income over a typical hold period. Equally compelling from a long-term ownership perspective: the property's 22 units. substantially exceed the approximately 12 units permitted under current SMOP2 zoning. This legal non-conforming density is grandfathered from the original 1969 construction and cannot be replicated under any current entitlement pathway making the existing improvements structurally more valuable than the land alone and creating a permanent competitive moat for the asset.

2727 3rd St, Santa Monica

Courtesy of Marcus & Millichap, Filip Niculete - CA DRE#01905352

$7,650,000

24 Beds ⋅ 24 Baths ⋅ 26871967 MLS

We are proud to present 2727 3rd Street, a rare 22-unit multifamily offering situated in the heart of Santa Monica's sought-after Ocean Park neighborhood, just blocks from the celebrated dining and boutique retail of Main Street and less than half a mile from the sand and surf of Santa Monica State Beach. The property was built in 1969 and has been held by the original owners since. The two-story, courtyard-style building encompasses approximately 17,020 square feet of rentable space across 20 spacious one-bedroom/one-bathroom units and two generously sized two-bedroom/one-and-a-half-bathroom residences. Unit sizes are notably large for the submarket, with one-bedroom floor plans at 750 square feet and two-bedroom homes reaching 1,010 square feet offering tenants meaningful living space at a time when newer coastal product skews smaller. Select upper-floor units feature private balconies with ocean and neighborhood views, while ground-floor residences enjoy enclosed patios premium amenities that continue to command leasing velocity and resident loyalty in this supply-constrained corridor. The property is completed by 22 covered, gated parking spaces, where dedicated parking is highly valued. Organic income growth without the need for capital displacement or tenant buyouts. This embedded rent upside represents one of the most attractive features of the offering, with the potential to dramatically accelerate net operating income over a typical hold period. Equally compelling from a long-term ownership perspective: the property's 22 units. substantially exceed the approximately 12 units permitted under current SMOP2 zoning. This legal non-conforming density is grandfathered from the original 1969 construction and cannot be replicated under any current entitlement pathway making the existing improvements structurally more valuable than the land alone and creating a permanent competitive moat for the asset.

2727 3rd Street, Santa Monica

Listing courtesy of Listing Agent: Filip Niculete (info@laaa.com) from Listing Office: Marcus & Millichap.

$3,200,000

12 Beds ⋅ 8 Baths ⋅ 26870527 MLS

See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.

2648 23rd St, Santa Monica

Courtesy of Lambert Investments, Inc., Francyne Lambert - CA DRE#00827267

$3,200,000

12 Beds ⋅ 8 Baths ⋅ 26870527 MLS

See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.

2648 23rd Street, Santa Monica

Listing courtesy of Listing Agent: Francyne Lambert (francyne@lambertinc.com) from Listing Office: Lambert Investments, Inc..

$2,490,000

IV26173620 MLS

5-UNIT SANTA MONICA INVESTMENT OPPORTUNITY | SELLER FINANCING Investors take note! Here’s a fantastic opportunity to acquire a 5-unit multifamily property in a desirable section of Santa Monica. The property offers tenant mix of four 2-bedroom/1-bath units plus one studio, offering an attractive unit mix in a highly desirable rental market. The studio offers additional flexibility for investment or owner use and features an updated kitchen with new appliances. Existing rents provide potential for long-term income growth. Parking is available for four units. Parking is available for four units. Seller financing offered with a minimum 50% down payment. Terms and buyer qualifications subject to seller approval. Conveniently located near shopping, dining, employment centers, transportation, and the many amenities of Santa Monica and the Westside. An excellent opportunity for an investor seeking a Santa Monica multifamily asset with immediate income and future upside. ** Some photos staged for illustrative purposes**

1646 Berkeley, Santa Monica

Listing courtesy of Listing Agent: CLAUDIA CORONADO (claudia@cicproperties.net) from Listing Office: CIC PROPERTIES INC..

$1,750,000

6 Beds ⋅ 5 Baths ⋅ 26862243 MLS

AGENTS! VERY IMPORTANT. PLEASE READ AGENT PRIVATE REMARKS RE: SHOWING INSTRUCTIONS, AND DISCLOSURE. Newly only the market after 40 years! Well maintained HOME plus 3 units. Fabulous lush landscaping in front and middle yards with Avocado tree that bears tons of fruit. Primo location down the street from coveted Grant Elementary School.. Gated/ fenced side and back yards. Front house is a 2 bdr 2 bath- great floor plan with primary bedroom/ bathroom suite and large walk in closet. Ample sized guest bdr, central hall floor plan. Dining area adjacent to living room. Kitchen and baths are original but well maintained. Kitchen is all electric. Fireplace in living room is considered cosmetic, AS IS. Separate laundry room. (Washer/dryer belong to tenant). Unit A- Middle yard is 2 bdr 1 bath home with eat-in kitchen. Bedrooms have walk-in closets. Kitchen counters redone w/ custom tile. Unit B- 1 bdr 1 bath over garage with eat-in kitchen and walk-in closet. Unit C- 1 bdr 1 bath over garage kept vacant for new owner. Kitchen w/ eat-in area, has counters redone w/ custom tile. Bedroom has walk-in closet. All units have hardwood floors, with vinyl in kitchens and baths. Bathrooms have not been updated but have very cool mid century design ceramic tile. There is a separate laundry room in rear structure for the rear 3 units. Washer Dryer owned by building- not coin operated. There is also an enclosed storage area in rear building for owner. There are 5 enclosed garages. THREE garages are leased @ $275/ mo each. Front house and Unit A have a garage included in rent. Balcony in rear building has passed inspection. Most of the plumbing is copper. Soft Story work was completed on this property. New Circuit breaker boxes for all units. This building is a perfect opportunity- close proximity to Trader Joes, Whole Foods, Farmers Market, great cafes and restaurants, Santa Monica Schools, Santa Monica College, and easy access to freeways. See DOCS attached for Current Income and Expenses * as of 9/1/26, Detailed Description of each unit, Preliminary Title Report, Natural Hazards Disclosure, Balcony Inspection, and "Guidelines for Writing and Offer" * Insurance expense includes earthquake Insurance. Seller selects all services. RENTS LISTED ARE AS OF 9/1/2026. NO PHOTOS OR VIDEOS ALLOWED INSIDE UNITS.

2210 24th St, Santa Monica

Courtesy of Redwood Realty, Gwen Tanguay - CA DRE#00448883

$1,750,000

6 Beds ⋅ 5 Baths ⋅ 26862243 MLS

AGENTS! VERY IMPORTANT. PLEASE READ AGENT PRIVATE REMARKS RE: SHOWING INSTRUCTIONS, AND DISCLOSURE. Newly only the market after 40 years! Well maintained HOME plus 3 units. Fabulous lush landscaping in front and middle yards with Avocado tree that bears tons of fruit. Primo location down the street from coveted Grant Elementary School.. Gated/ fenced side and back yards. Front house is a 2 bdr 2 bath- great floor plan with primary bedroom/ bathroom suite and large walk in closet. Ample sized guest bdr, central hall floor plan. Dining area adjacent to living room. Kitchen and baths are original but well maintained. Kitchen is all electric. Fireplace in living room is considered cosmetic, AS IS. Separate laundry room. (Washer/dryer belong to tenant). Unit A- Middle yard is 2 bdr 1 bath home with eat-in kitchen. Bedrooms have walk-in closets. Kitchen counters redone w/ custom tile. Unit B- 1 bdr 1 bath over garage with eat-in kitchen and walk-in closet. Unit C- 1 bdr 1 bath over garage kept vacant for new owner. Kitchen w/ eat-in area, has counters redone w/ custom tile. Bedroom has walk-in closet. All units have hardwood floors, with vinyl in kitchens and baths. Bathrooms have not been updated but have very cool mid century design ceramic tile. There is a separate laundry room in rear structure for the rear 3 units. Washer Dryer owned by building- not coin operated. There is also an enclosed storage area in rear building for owner. There are 5 enclosed garages. THREE garages are leased @ $275/ mo each. Front house and Unit A have a garage included in rent. Balcony in rear building has passed inspection. Most of the plumbing is copper. Soft Story work was completed on this property. New Circuit breaker boxes for all units. This building is a perfect opportunity- close proximity to Trader Joes, Whole Foods, Farmers Market, great cafes and restaurants, Santa Monica Schools, Santa Monica College, and easy access to freeways. See DOCS attached for Current Income and Expenses * as of 9/1/26, Detailed Description of each unit, Preliminary Title Report, Natural Hazards Disclosure, Balcony Inspection, and "Guidelines for Writing and Offer" * Insurance expense includes earthquake Insurance. Seller selects all services. RENTS LISTED ARE AS OF 9/1/2026. NO PHOTOS OR VIDEOS ALLOWED INSIDE UNITS.

2210 24th Street, Santa Monica

Listing courtesy of Listing Agent: Gwen Tanguay (redwoodrealtymail@gmail.com) from Listing Office: Redwood Realty.

$2,695,000

1 Baths ⋅ 26868941 MLS

2803 Main Street presents a rare opportunity to acquire a prime commercial asset along one of Santa Monica's most desirable and high-traffic corridors. Situated in the heart of Ocean Park, the property benefits from exceptional visibility with 50 feet of frontage across two lots, strong pedestrian traffic, rare private parking lot with curb cut, and proximity to the beach, Rose Avenue, and Abbot Kinney Boulevard. This offering is ideally suited for an owner-user, long-term investor, or value-add buyer seeking a foothold in one of the most supply-constrained submarkets on the Westside. A Ready-To-Issue (RTI) renovation permit unlocks a compellingsecond-floor addition expanding leasable area from 1,920 SF to 3,363 SF with zero entitlement risk.

2803 Main St, Santa Monica

Courtesy of Jesse Weinberg, Jesse Weinberg - CA DRE#01435805

$2,695,000

1 Baths ⋅ 26868941 MLS

2803 Main Street presents a rare opportunity to acquire a prime commercial asset along one of Santa Monica's most desirable and high-traffic corridors. Situated in the heart of Ocean Park, the property benefits from exceptional visibility with 50 feet of frontage across two lots, strong pedestrian traffic, rare private parking lot with curb cut, and proximity to the beach, Rose Avenue, and Abbot Kinney Boulevard. This offering is ideally suited for an owner-user, long-term investor, or value-add buyer seeking a foothold in one of the most supply-constrained submarkets on the Westside. A Ready-To-Issue (RTI) renovation permit unlocks a compellingsecond-floor addition expanding leasable area from 1,920 SF to 3,363 SF with zero entitlement risk.

2803 Main Street, Santa Monica

Listing courtesy of Listing Agent: Jesse Weinberg (info@jesseweinberg.com) from Listing Office: Jesse Weinberg.

$2,495,000

7 Beds ⋅ 4 Baths ⋅ 26868435 MLS

Presenting a rare value-add development in the heart of Santa Monica! Delivered RTI, this property is fully approved for a thoughtfully designed 7-unit apartment complex. The existing site currently offers a charming courtyard arrangement of four bungalow-style residences one one-bedroom and three two-bedrooms surrounding a sun-filled garden. The approved plans reimagine the property with a tasteful renovation of the existing units into Class A Spanish-style bungalows, while adding three new residences: a duplex thoughtfully placed in the center courtyard and a studio ADU above the garage. The result is a boutique collection of seven residences blending historic charm with modern functionality. With stamped permits in hand and no delay in starting construction, this is a true plug-and-play opportunity to create one of the few new multifamily offerings in one of the strongest and most supply-constrained rental markets in Los Angeles. A turnkey investment opportunity in a premier coastal locationthis is not to be missed!

914 18th St, Santa Monica

Courtesy of Rodeo Realty, Jimmy Heckenberg - CA DRE#01910100

$2,495,000

7 Beds ⋅ 4 Baths ⋅ 26868435 MLS

Presenting a rare value-add development in the heart of Santa Monica! Delivered RTI, this property is fully approved for a thoughtfully designed 7-unit apartment complex. The existing site currently offers a charming courtyard arrangement of four bungalow-style residences one one-bedroom and three two-bedrooms surrounding a sun-filled garden. The approved plans reimagine the property with a tasteful renovation of the existing units into Class A Spanish-style bungalows, while adding three new residences: a duplex thoughtfully placed in the center courtyard and a studio ADU above the garage. The result is a boutique collection of seven residences blending historic charm with modern functionality. With stamped permits in hand and no delay in starting construction, this is a true plug-and-play opportunity to create one of the few new multifamily offerings in one of the strongest and most supply-constrained rental markets in Los Angeles. A turnkey investment opportunity in a premier coastal locationthis is not to be missed!

914 18th Street, Santa Monica

Listing courtesy of Listing Agent: Jimmy Heckenberg (JimmyHeck@HRGestates.com) from Listing Office: Rodeo Realty.

$2,400,000

4 Beds ⋅ 3 Baths ⋅ 26866343 MLS

Unlock the potential of this vacant Sunset Park duplex. Located on a beautiful tree-lined street, this rare offering provides flexibility for investors, developers, or owner-users. The property sits on a large lot and is hidden behind a private gate and fence with lush landscaping throughout the grounds. Maximize income at this trendy Sunset Park duplex featuring indoor/outdoor living at its best. The front 2 bedroom, 2 bath unit has a generous private front yard and porch for enjoying ocean breezes and relaxing evenings. The back 2 bedroom, 1 bath unit also has its own private and spacious outdoor area with a spa tub. The property has a two car garage with plenty of additional street parking available in the neighborhood. The RTI ADU plans call for two, 2 bedroom, 2 bath units each about 983 sf. Investors will appreciate the additional income generated turning this to a 4 unit property. The property's location is central to the Westside with easy and quick access to Santa Monica beaches, world-class dining and shopping, fantastic parks and lively entertainment. Residents move here for the highly desirable Santa Monica school district. Whether you're looking to live in one unit while generating income or to develop the ADU's to maximize the property's return, this rare opportunity will not last long.

2310 Oak St, Santa Monica

Courtesy of Del Rey Urban Brokerage Inc, Consuela Kielbowicz - CA DRE#01733753

$2,400,000

4 Beds ⋅ 3 Baths ⋅ 26866343 MLS

Unlock the potential of this vacant Sunset Park duplex. Located on a beautiful tree-lined street, this rare offering provides flexibility for investors, developers, or owner-users. The property sits on a large lot and is hidden behind a private gate and fence with lush landscaping throughout the grounds. Maximize income at this trendy Sunset Park duplex featuring indoor/outdoor living at its best. The front 2 bedroom, 2 bath unit has a generous private front yard and porch for enjoying ocean breezes and relaxing evenings. The back 2 bedroom, 1 bath unit also has its own private and spacious outdoor area with a spa tub. The property has a two car garage with plenty of additional street parking available in the neighborhood. The RTI ADU plans call for two, 2 bedroom, 2 bath units each about 983 sf. Investors will appreciate the additional income generated turning this to a 4 unit property. The property's location is central to the Westside with easy and quick access to Santa Monica beaches, world-class dining and shopping, fantastic parks and lively entertainment. Residents move here for the highly desirable Santa Monica school district. Whether you're looking to live in one unit while generating income or to develop the ADU's to maximize the property's return, this rare opportunity will not last long.

2310 Oak Street, Santa Monica

Listing courtesy of Listing Agent: Consuela Kielbowicz (consuela@delreyurban.com) from Listing Office: Del Rey Urban Brokerage Inc.

$3,350,000

OC26166078 MLS

Historical Spanish style property close to shopping, transportation, SOFI Stadium, hospitals, including Santa Monica UCLA Hospital and other medical buildings, West Los Angeles VA Medical Center, and others. The apartments are very spacious and with high ceilings, with a lot of natural light that flows throughout, and they have nice details from the 1930s era! In the back of the property are 5 carport spaces with storage cabinets. Upon doing some upgrades, this huge property has an approximate cap rate of 5.2%.

1118 15th St., Santa Monica

Listing courtesy of Listing Agent: Celia Gonzalez (celiagonzalez1@yahoo.com) from Listing Office: Coldwell Banker Envision.

$1,995,000

4 Beds ⋅ 3 Baths ⋅ 26861973 MLS

Trophy Owner/User in beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st, Santa Monica and the Beach. All units delivered vacant perfect for those seeking a SFR plus guest house or office. Income of $130,800 yearly and now at a 4.85 cap rate. This triplex offers a front 2 bedroom/ 1 bath house delivered vacant with large private garden in the front for entertaining. Hard wood floors, new quartz counters, a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Upside in market rents to a $130,800 per year and amazing owner/user with all units delivered vacant.

828 Hill St, Santa Monica

Courtesy of Compass, James Allan - CA DRE#01180635

$1,995,000

4 Beds ⋅ 3 Baths ⋅ 26861973 MLS

Trophy Owner/User in beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st, Santa Monica and the Beach. All units delivered vacant perfect for those seeking a SFR plus guest house or office. Income of $130,800 yearly and now at a 4.85 cap rate. This triplex offers a front 2 bedroom/ 1 bath house delivered vacant with large private garden in the front for entertaining. Hard wood floors, new quartz counters, a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Upside in market rents to a $130,800 per year and amazing owner/user with all units delivered vacant.

828 Hill Street, Santa Monica

Listing courtesy of Listing Agent: James Allan (james.allan@compass.com) from Listing Office: Compass.

$2,195,000

4 Beds ⋅ 3 Baths ⋅ 26856529 MLS

Discover a hidden gem in the heart of Santa Monica's vibrant Broadway Arts District! This charming Spanish-style triplex is full of character and opportunity, just moments from studios, art centers, the Santa Monica Co-Op, Metro Rail, and some of the city's best local events. The property features three completely separate homes, offering the perfect blend of privacy and flexibility. The beautifully remodeled front home is vacant and ready for its next owner, complete with a lush, private front yard and a spacious rear courtyard that's ideal for relaxing, entertaining, or enjoying time with neighbors and friends. With the two rear homes already generating approximately $60,000 in annual income not including the vacant main home this is an incredible opportunity for an owner-occupant or savvy investor. Plus, two of the three homes include in-unit laundry for added convenience. Whether you're looking to live in one home while earning rental income or expand your investment portfolio, this one-of-a-kind property checks all the boxes. Don't miss your chance to own a slice of Santa Monica charm!

1434 24th St, Santa Monica

Courtesy of Create, Stace Valnes - CA DRE#00989680

$2,195,000

4 Beds ⋅ 3 Baths ⋅ 26856529 MLS

Discover a hidden gem in the heart of Santa Monica's vibrant Broadway Arts District! This charming Spanish-style triplex is full of character and opportunity, just moments from studios, art centers, the Santa Monica Co-Op, Metro Rail, and some of the city's best local events. The property features three completely separate homes, offering the perfect blend of privacy and flexibility. The beautifully remodeled front home is vacant and ready for its next owner, complete with a lush, private front yard and a spacious rear courtyard that's ideal for relaxing, entertaining, or enjoying time with neighbors and friends. With the two rear homes already generating approximately $60,000 in annual income not including the vacant main home this is an incredible opportunity for an owner-occupant or savvy investor. Plus, two of the three homes include in-unit laundry for added convenience. Whether you're looking to live in one home while earning rental income or expand your investment portfolio, this one-of-a-kind property checks all the boxes. Don't miss your chance to own a slice of Santa Monica charm!

1434 24th Street, Santa Monica

Listing courtesy of Listing Agent: Stace Valnes (stace@cr8re.com) from Listing Office: Create.

$3,475,000

7 Beds ⋅ 7 Baths ⋅ 26863959 MLS

Front unit is vacant and can be viewed anytime. 914 20th Street presents a rare opportunity to acquire a charming six-unit bungalow-style apartment complex in one of Santa Monica's most desirable North of Wilshire locations, less than 1.25 blocks from Montana Avenue. The property features an excellent unit mix consisting of five 1-bedroom / 1-bath cottage-style units and one 2-bedroom / 2-bath unit located above the garages. Each 1-bedroom bungalow offers two private enclosed patios, creating exceptional indoor-outdoor living rarely found in multifamily properties. There are no upstairs or downstairs neighbors for any of the units. All units have hardwood floors throughout, in-unit washer and dryer, and open kitchens equipped with refrigerator, range, and dishwasher. The interiors are well-maintained and highly appealing to quality tenants seeking private outdoor space. The property includes five (5) on-site garage parking spaces (two private single-car garages plus a secured community garage for three cars), gated access, and EQ retrofit work completed for the parking structure. Newer roof (2018) and electrical (2023). The building is surrounded by mature landscaping and offers excellent privacy from neighboring properties. Situated on an approximately 8,003 square foot lot in an unmatched location. Just minutes from Montana Avenue shops and restaurants, the Brentwood Farmers Market, Third Street Promenade, and the beach. Located within the Franklin Elementary School district. A truly rare investment opportunity offering bungalow-style living, private outdoor space, parking, and upside potential in one of Santa Monica's premier neighborhoods. The monetary figures in the listings are estimates; Buyer to perform own due diligence.

914 20th St, Santa Monica

Courtesy of Sunshine Realty, Dennis Wong - CA DRE#01895999

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