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

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 Street, Santa Monica

Listing courtesy of Listing Agent: Dennis Wong (310dennis@gmail.com) from Listing Office: Sunshine Realty.

$2,250,000

13 Beds ⋅ 7 Baths ⋅ 26862705 MLS

The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4,840 rentable square feet on a 7,746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block of Santa Monica College, and a short commute to Whole Foods, the Pico corridor retail, and the Bergamot Expo Line station, giving tenants a direct rail link to Downtown Santa Monica, Century City, and Downtown Los Angeles. The Santa Monica beach and pier are minutes to the west. Santa Monica remains a supply-constrained, high-demand rental market with deep renter demand from the Silicon Beach tech corridor and the long-term durability that defines Westside multifamily.

1937 17th St, Santa Monica

Courtesy of Lyon Stahl Investment Real Estate, Inc., William James - CA DRE#01734419

$2,800,000

SB26159465 MLS

This 10-unit apartment building with two non-conforming units is located in a highly desirable pocket of Santa Monica. Built in 1958, the property consists of approximately 6,248 square feet situated on a 7,495 square foot lot. The property features an attractive unit mix of one 3-bedroom/2-bath unit, eight 1-bedroom/1-bath units, and three studio units. Offered at a 5.75% Current CAP Rate and 11.24 Current GRM, the property presents investors with the opportunity to acquire a well-located multifamily asset at an attractive cost per unit of $280,000. The property offers exceptional income growth potential, achieving a projected 10.45% Pro Forma CAP Rate and 7.28 Pro Forma GRM. The property includes three one-car garages and five carport parking spaces with additional driveway space, providing valuable on-site parking for tenants. Its central Santa Monica location offers convenient access to Downtown Santa Monica, the Third Street Promenade, Santa Monica Beach, major employment centers, and the area's renowned shopping and dining destinations. Located in one of Los Angeles County's strongest rental markets, this offering presents an attractive opportunity to acquire a well-positioned multifamily investment with strong in-place income and significant long-term upside potential.

1444 Euclid, Santa Monica

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

$2,250,000

13 Beds ⋅ 7 Baths ⋅ 26862705 MLS

The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4,840 rentable square feet on a 7,746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block of Santa Monica College, and a short commute to Whole Foods, the Pico corridor retail, and the Bergamot Expo Line station, giving tenants a direct rail link to Downtown Santa Monica, Century City, and Downtown Los Angeles. The Santa Monica beach and pier are minutes to the west. Santa Monica remains a supply-constrained, high-demand rental market with deep renter demand from the Silicon Beach tech corridor and the long-term durability that defines Westside multifamily.

1937 17th Street, Santa Monica

Listing courtesy of Listing Agent: William James (will@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$3,500,000

PW26157968 MLS

Marcus & Millichap is pleased to present the opportunity to acquire 1833 19th Street, a five-unit apartment property in an outstanding Santa Monica rental location. Rare opportunity in this submarket for a new investor to reposition the asset and lease up at market rates. The property comprises two buildings and features a strong unit mix consisting of a spacious four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. The asset’s amenities package supports rental demand: private patio and yard space, in-unit laundry, and on-site parking. Ideally located just one block from Santa Monica College, the property benefits from consistent rental demand generated by students, faculty, and tenants seeking convenient access to employment centers throughout the Westside and the Westside lifestyle. Residents enjoy quick access to the beach and the renowned dining, shopping, and entertainment destinations that make Santa Monica one of Southern California’s most popular rental markets. With an outstanding current return and an exceptional location, 1833 19th Street represents a can’t-miss investment opportunity.

1833 19th, Santa Monica

Listing courtesy of Listing Agent: Steven Bogoyevac (steve.bogoyevac@marcusmillichap.com) from Listing Office: Steven M. Bogoyevac, Broker.

$1,800,000

SB26138196 MLS

1620 California Avenue is a rare offering North of Wilshire, where architectural character, coastal living, and investment potential come together in one of Santa Monica’s most coveted settings. An original Spanish Revival duplex, the property possesses the kind of character that cannot be recreated. Its architecture reflects the craftsmanship, proportions, and romance of another era, while its duplex configuration creates an uncommon level of flexibility for today’s buyer. Live in one residence and lease the other, restore the property into a distinctive architectural compound, or hold it as a long term investment in one of Santa Monica’s most enduring neighborhoods. Beyond the property itself, the location is truly exceptional. Montana Avenue, Palisades Park, the Pacific Ocean, Third Street Promenade, celebrated restaurants, boutique shopping, and the best of Santa Monica are all just moments away. This is a neighborhood defined not only by its desirability, but by its scarcity. For the buyer who values authenticity over the ordinary, 1620 California Avenue offers something increasingly difficult to find: an original piece of Santa Monica with the flexibility to shape its future. Whether restored as a remarkable Spanish Revival residence, enjoyed as an owner user duplex, or held as a premier coastal investment, the opportunity is as much about what already exists as it is about what can be created. Architectural heritage. Coveted location. Exceptional flexibility. A property with a story worth continuing.

1620 California, Santa Monica

Listing courtesy of Listing Agent: William Joseph (will@josephgrp.com) from Listing Office: Joseph Group.

$2,800,000

6 Beds ⋅ 6 Baths ⋅ 26858097 MLS

Located on 16th Street just a half block south of Montana Avenue, this property sits in one of Santa Monica's most coveted rental corridors. Montana Avenue is widely regarded as the city's premier neighborhood retail street, offering a walkable mix of upscale boutiques, cafes, fitness studios, and everyday conveniences. The area attracts a stable, high-income tenant base drawn to its quiet residential character, proximity to the beach, and easy access to Wilshire Boulevard and the greater Westside. This is a rare small-scale community or ideal extended family compound investment opportunity, featuring six 1-bedroom units. Four units are currently vacant, with two additional units potentially available in the near term, offering significant flexibility for an owner-user or investor to reposition rents. The property is a classic 1940s courtyard-style building with strong curb appeal and a desirable layout. Five units retain original hardwood flooring, with one unit updated with laminate. Four of the ground-floor units feature both front and rear entrances, enhancing privacy and livability. The unit mix includes three ground-floor vacancies and one upper-level vacancy. Additional amenities include five single-car garages, a highly sought-after feature in this neighborhood. Please do not disturb occupants. Expenses & rents for vacant units are projected.

833 16th St Unit C, Santa Monica

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

$2,800,000

6 Beds ⋅ 6 Baths ⋅ 26858097 MLS

Located on 16th Street just a half block south of Montana Avenue, this property sits in one of Santa Monica's most coveted rental corridors. Montana Avenue is widely regarded as the city's premier neighborhood retail street, offering a walkable mix of upscale boutiques, cafes, fitness studios, and everyday conveniences. The area attracts a stable, high-income tenant base drawn to its quiet residential character, proximity to the beach, and easy access to Wilshire Boulevard and the greater Westside. This is a rare small-scale community or ideal extended family compound investment opportunity, featuring six 1-bedroom units. Four units are currently vacant, with two additional units potentially available in the near term, offering significant flexibility for an owner-user or investor to reposition rents. The property is a classic 1940s courtyard-style building with strong curb appeal and a desirable layout. Five units retain original hardwood flooring, with one unit updated with laminate. Four of the ground-floor units feature both front and rear entrances, enhancing privacy and livability. The unit mix includes three ground-floor vacancies and one upper-level vacancy. Additional amenities include five single-car garages, a highly sought-after feature in this neighborhood. Please do not disturb occupants. Expenses & rents for vacant units are projected.

833 16th Street Unit C, Santa Monica

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

$3,250,000

13 Beds ⋅ 13 Baths ⋅ 26857435 MLS

1446-1448 Yale St presents a rare opportunity to acquire a fully renovated seven-unit bungalow-style apartment community in the heart of Santa Monica. Situated on a 9,000 SF lot, the property consists of six (6) 2BD/2BA units and one (1) 1BD/1BA unit. Extensively renovated in 2018, each residence features high-end kitchens, designer bathrooms, luxury flooring, updated systems, and in-unit washer/dryers. Residents enjoy a beautifully landscaped courtyard with a BBQ lounge, gated entry, and an unbeatable location just minutes from Montana Avenue, the Third Street Promenade, and the beach. Fully occupied by strong, qualified tenants, this is a premier turnkey investment in one of Southern California's most sought-after coastal markets.

1446 Yale St, Santa Monica

Courtesy of Kidder Mathews of California, Inc., Nathan Shaolian - CA DRE#02074836

$2,250,000

11 Beds ⋅ 7 Baths ⋅ 26857251 MLS

Motivated Seller! Exceptional investment opportunity in the heart of Santa Monica! This six unit income property features two separate buildings on one lot and offers an outstanding opportunity for investors or owner occupants seeking a value add asset in one of the Westside's most desirable rental markets. The unique configuration includes a detached single family residence in the front and a separate five unit apartment building in the rear, offering exceptional flexibility and long term investment potential. The front home, which is currently leased, offers approximately 1,200 square feet with 2 bedrooms, 2 bathrooms, and a den. The rear building is a two story, five unit apartment building consisting of four 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. Most units have been tastefully updated, and most windows throughout the property have been recently replaced, providing enhanced energy efficiency, comfort, and curb appeal. The front house also features a recently installed roof. The property includes six on site parking spaces, four of which are covered, along with a community laundry room. One 2 bedroom, 1 bathroom unit and one 1 bedroom, 1 bathroom unit are currently vacant, presenting an immediate opportunity to lease at current market rents and significantly increase cash flow. Current rental income reflects the existing occupancy, with pro forma gross rental income projected to exceed $16,000 per month. Buyer to independently verify all income, expenses, rental projections, square footage, and all other information. Ideally situated just minutes from Santa Monica's world famous beaches, Main Street, Downtown Santa Monica, Montana Avenue, premier shopping, dining, parks, and convenient transportation, this is a rare opportunity to acquire a well maintained income property with immediate upside potential in one of Southern California's strongest and most sought after rental markets.

1419 Stanford St, Santa Monica

Courtesy of BEKERIS, Desiree Danialian - CA DRE#01724615

$3,250,000

13 Beds ⋅ 13 Baths ⋅ 26857435 MLS

1446-1448 Yale St presents a rare opportunity to acquire a fully renovated seven-unit bungalow-style apartment community in the heart of Santa Monica. Situated on a 9,000 SF lot, the property consists of six (6) 2BD/2BA units and one (1) 1BD/1BA unit. Extensively renovated in 2018, each residence features high-end kitchens, designer bathrooms, luxury flooring, updated systems, and in-unit washer/dryers. Residents enjoy a beautifully landscaped courtyard with a BBQ lounge, gated entry, and an unbeatable location just minutes from Montana Avenue, the Third Street Promenade, and the beach. Fully occupied by strong, qualified tenants, this is a premier turnkey investment in one of Southern California's most sought-after coastal markets.

1446 Yale Street, Santa Monica

Listing courtesy of Listing Agent: Nathan Shaolian (nathan.shaolian@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$2,250,000

11 Beds ⋅ 7 Baths ⋅ 26857251 MLS

Motivated Seller! Exceptional investment opportunity in the heart of Santa Monica! This six unit income property features two separate buildings on one lot and offers an outstanding opportunity for investors or owner occupants seeking a value add asset in one of the Westside's most desirable rental markets. The unique configuration includes a detached single family residence in the front and a separate five unit apartment building in the rear, offering exceptional flexibility and long term investment potential. The front home, which is currently leased, offers approximately 1,200 square feet with 2 bedrooms, 2 bathrooms, and a den. The rear building is a two story, five unit apartment building consisting of four 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. Most units have been tastefully updated, and most windows throughout the property have been recently replaced, providing enhanced energy efficiency, comfort, and curb appeal. The front house also features a recently installed roof. The property includes six on site parking spaces, four of which are covered, along with a community laundry room. One 2 bedroom, 1 bathroom unit and one 1 bedroom, 1 bathroom unit are currently vacant, presenting an immediate opportunity to lease at current market rents and significantly increase cash flow. Current rental income reflects the existing occupancy, with pro forma gross rental income projected to exceed $16,000 per month. Buyer to independently verify all income, expenses, rental projections, square footage, and all other information. Ideally situated just minutes from Santa Monica's world famous beaches, Main Street, Downtown Santa Monica, Montana Avenue, premier shopping, dining, parks, and convenient transportation, this is a rare opportunity to acquire a well maintained income property with immediate upside potential in one of Southern California's strongest and most sought after rental markets.

1419 Stanford Street, Santa Monica

Listing courtesy of Listing Agent: Desiree Danialian (desireed411@gmail.com) from Listing Office: BEKERIS.

$2,950,000

5 Beds ⋅ 5 Baths ⋅ 26854589 MLS

The subject property is a five-unit residential income asset located at 2218 24th Street in the Sunset Park neighborhood of Santa Monica. Built in 1947 and zoned SMR1, the asset consists of a (1) 2-Bedroom/ 1.5-Bath + Office front house, (3) 1-Bedroom / 1-Bath units, and (1) Studio / 1-Bath unit, totaling 3,412 rentable square feet on a 7,514 SF lot. There are two garages. One two-car garage is facing the alley, while the other two-car garage is accessible from the courtyard and is currently used as storage. There are 5 total parking spaces on-site. The property is 100% occupied with substantial in-place rental upside, sitting just blocks from Whole Foods, Trader Joe's, the Bergamot Expo Line station, and Santa Monica College. Positioned just blocks from neighborhood shopping and restaurants, the property boasts a walk score of 88 (Walker's Paradise). There is a laundry room on-site with washer and dryer machines that are owned provided a great amenity and additional income. The property benefits from one of the Westside's most walkable submarkets, a quiet residential pocket with limited new supply, strong renter demand, and the long-term durability that defines Santa Monica multifamily.

2218 24th St, Santa Monica

Courtesy of Lyon Stahl Investment Real Estate, Inc., William James - CA DRE#01734419

$2,950,000

5 Beds ⋅ 5 Baths ⋅ 26854589 MLS

The subject property is a five-unit residential income asset located at 2218 24th Street in the Sunset Park neighborhood of Santa Monica. Built in 1947 and zoned SMR1, the asset consists of a (1) 2-Bedroom/ 1.5-Bath + Office front house, (3) 1-Bedroom / 1-Bath units, and (1) Studio / 1-Bath unit, totaling 3,412 rentable square feet on a 7,514 SF lot. There are two garages. One two-car garage is facing the alley, while the other two-car garage is accessible from the courtyard and is currently used as storage. There are 5 total parking spaces on-site. The property is 100% occupied with substantial in-place rental upside, sitting just blocks from Whole Foods, Trader Joe's, the Bergamot Expo Line station, and Santa Monica College. Positioned just blocks from neighborhood shopping and restaurants, the property boasts a walk score of 88 (Walker's Paradise). There is a laundry room on-site with washer and dryer machines that are owned provided a great amenity and additional income. The property benefits from one of the Westside's most walkable submarkets, a quiet residential pocket with limited new supply, strong renter demand, and the long-term durability that defines Santa Monica multifamily.

2218 24th Street, Santa Monica

Listing courtesy of Listing Agent: William James (will@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$4,000,000

SR26140538 MLS

A marvelous investment opportunity located in the prime city of Santa Monica! Just off the Montana Ave and 19th St intersection, this two-story 7,180-sqft building has had Soft-Story Retrofit completed per LADBS requirements, five 3-bedroom and one 2-bedroom units for a total of six units, and comes with on-site covered parking enough for 6-cars with single garages at the rear of the building. Has a massive upside in rents, great for owner user or investors to add to their portfolio. Perfectly situated down the street from Trader Joe’s, Pavilions, and the Aero Theater, plus close to a variety of trendy shops, eclectic dining, entertainment, the bustling Santa Monica Boulevard, and just minutes away from the beautiful SoCal beaches!

943 19th, Santa Monica

Listing courtesy of Listing Agent: Paul Baccino (Paul@TheBaccinoGroup.com) from Listing Office: Equity Union.

$1,395,000

5 Beds ⋅ 4 Baths ⋅ 26847713 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. **2404 Ocean Park (triplex) is also for sale**

2402 Ocean Park Blvd, Santa Monica

Courtesy of Create, Stace Valnes - CA DRE#00989680

$1,295,000

2 Beds ⋅ 3 Baths ⋅ 26847793 MLS

This absolutely charming beach triplex is the kind of property that rarely comes along - stylish, beautifully renovated, and filled with opportunity. The Sunset Park 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. Featuring two vacant units, this special property offers the perfect blend of owner-user flexibility and investment potential in a coveted beachside location. The front residence is a beautifully remodeled one-bedroom retreat with a spacious private patio, while the renovated vacant studio offers its own fresh, modern appeal. Tucked away at the rear of the property, the third one-bedroom residence features a large private patio and provides immediate rental income. At the heart of the property is a private communal outdoor dining and lounge area, creating a relaxed, coastal compound vibe for all three residences to enjoy. With three side-by-side parking spaces included, this turnkey property presents an exceptional opportunity for an owner-user, investor, or anyone seeking the ultimate beach lifestyle with income potential. Considering that a comparable one-bedroom condo could easily cost around $675,000, why buy one unit when you can own three? Live in one, rent the others, and enjoy the best of both worlds. This is a truly rare and exciting opportunity not to be missed. **2402 Ocean Park (duplex) is also for sale for $1,395,000**

2404 Ocean Park Blvd, Santa Monica

Courtesy of Create, Stace Valnes - CA DRE#00989680

$1,395,000

5 Beds ⋅ 4 Baths ⋅ 26847713 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. **2404 Ocean Park (triplex) is also for sale**

2402 Ocean Park Boulevard, Santa Monica

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

$1,295,000

2 Beds ⋅ 3 Baths ⋅ 26847793 MLS

This absolutely charming beach triplex is the kind of property that rarely comes along - stylish, beautifully renovated, and filled with opportunity. The Sunset Park 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. Featuring two vacant units, this special property offers the perfect blend of owner-user flexibility and investment potential in a coveted beachside location. The front residence is a beautifully remodeled one-bedroom retreat with a spacious private patio, while the renovated vacant studio offers its own fresh, modern appeal. Tucked away at the rear of the property, the third one-bedroom residence features a large private patio and provides immediate rental income. At the heart of the property is a private communal outdoor dining and lounge area, creating a relaxed, coastal compound vibe for all three residences to enjoy. With three side-by-side parking spaces included, this turnkey property presents an exceptional opportunity for an owner-user, investor, or anyone seeking the ultimate beach lifestyle with income potential. Considering that a comparable one-bedroom condo could easily cost around $675,000, why buy one unit when you can own three? Live in one, rent the others, and enjoy the best of both worlds. This is a truly rare and exciting opportunity not to be missed. **2402 Ocean Park (duplex) is also for sale for $1,395,000**

2404 Ocean Park Boulevard, Santa Monica

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

$1,995,000

5 Beds ⋅ 3 Baths ⋅ 26849705 MLS

DELIVERED WITH ONE UNIT VACANT! Welcome to 1630 Franklin Street, a truly special duplex nestled in one of the most desirable pockets of East Santa Monica where timeless charm meets exceptional opportunity. Rarely does a property come to market that so beautifully blends warmth, character, functionality, and investment potential. With one unit delivered vacant, this offering presents an extraordinary opportunity for an owner-user, investor, or multi-generational living arrangement in one of the Westside's most sought-after neighborhoods. Ideally situated just moments from some of Los Angeles' most influential creative and tech campuses including Oracle, Lionsgate, Red Bull, Riot Games, Activision, Universal Music Group, and the iconic Water Garden, the location offers unparalleled convenience with easy access to world-class dining, shopping, entertainment, and the coastal lifestyle that makes Santa Monica so beloved. What makes this duplex particularly unique is how authentically it lives like two separate single-family residences, each with its own distinct personality and sense of home. The front residence is an enchanting cottage-style home offering 2 bedrooms and 1 bath, wrapped in storybook charm. Framed by a classic white picket fence, lush grassy front yard, and a quaint English garden, this home evokes the warmth and nostalgia of simpler times reminiscent of cherished childhood memories at Grandma's house, where life felt slower and front porches served as gathering places. There is a sweetness to this home that is increasingly rare to find. It invites morning coffee on the porch, quiet afternoons in the garden, and evenings spent watching the neighborhood gently unfold. A private carport provides convenient parking for one vehicle. Tucked privately at the rear of the property, the second residence is a spacious and thoughtfully updated 3-bedroom, 2-bath home currently tenant occupied. Larger in scale and highly functional in layout, this residence offers comfortable living with generous proportions and tasteful updates throughout. An oversized two-car garage with direct access adds substantial value and convenience offering abundant parking, storage, and flexible utility for modern living. Whether you are seeking strong income potential, a live-in-one/rent-the-other scenario, or a long-term investment in a premier Santa Monica location, 1630 Franklin Street represents a rare and meaningful opportunity. Properties like this are not simply purchased they are stewarded, cherished, and held for generations. This is more than a duplex; it is a property filled with heart, possibility, and the enduring promise of home.

1630 Franklin St, Santa Monica

Courtesy of Pardee Properties, Penny Muck - CA DRE#01820065

$1,995,000

5 Beds ⋅ 3 Baths ⋅ 26849705 MLS

DELIVERED WITH ONE UNIT VACANT! Welcome to 1630 Franklin Street, a truly special duplex nestled in one of the most desirable pockets of East Santa Monica where timeless charm meets exceptional opportunity. Rarely does a property come to market that so beautifully blends warmth, character, functionality, and investment potential. With one unit delivered vacant, this offering presents an extraordinary opportunity for an owner-user, investor, or multi-generational living arrangement in one of the Westside's most sought-after neighborhoods. Ideally situated just moments from some of Los Angeles' most influential creative and tech campuses including Oracle, Lionsgate, Red Bull, Riot Games, Activision, Universal Music Group, and the iconic Water Garden, the location offers unparalleled convenience with easy access to world-class dining, shopping, entertainment, and the coastal lifestyle that makes Santa Monica so beloved. What makes this duplex particularly unique is how authentically it lives like two separate single-family residences, each with its own distinct personality and sense of home. The front residence is an enchanting cottage-style home offering 2 bedrooms and 1 bath, wrapped in storybook charm. Framed by a classic white picket fence, lush grassy front yard, and a quaint English garden, this home evokes the warmth and nostalgia of simpler times reminiscent of cherished childhood memories at Grandma's house, where life felt slower and front porches served as gathering places. There is a sweetness to this home that is increasingly rare to find. It invites morning coffee on the porch, quiet afternoons in the garden, and evenings spent watching the neighborhood gently unfold. A private carport provides convenient parking for one vehicle. Tucked privately at the rear of the property, the second residence is a spacious and thoughtfully updated 3-bedroom, 2-bath home currently tenant occupied. Larger in scale and highly functional in layout, this residence offers comfortable living with generous proportions and tasteful updates throughout. An oversized two-car garage with direct access adds substantial value and convenience offering abundant parking, storage, and flexible utility for modern living. Whether you are seeking strong income potential, a live-in-one/rent-the-other scenario, or a long-term investment in a premier Santa Monica location, 1630 Franklin Street represents a rare and meaningful opportunity. Properties like this are not simply purchased they are stewarded, cherished, and held for generations. This is more than a duplex; it is a property filled with heart, possibility, and the enduring promise of home.

1630 Franklin Street, Santa Monica

Listing courtesy of Listing Agent: Penny Muck (penny@pardeeproperties.com) from Listing Office: Pardee Properties.

$2,599,999

SB26136450 MLS

Rare 100% VACANT Santa Monica triplex in a prime 24th Street location just south of Wilshire, featuring a highly desirable detached front bungalow plus two rear income units. The front residence lives like a private single-family home, offering approximately 1,050 square feet with 2 bedrooms, 2 full bathrooms, living room, dining area, in-unit laundry, hardwood flooring, central heat and air, and a private outdoor deck/patio. The kitchen and baths have been tastefully updated with white Shaker cabinetry, quartz countertops, stainless steel appliances, and clean modern finishes. Ideal for an owner-user seeking a Santa Monica residence with income from the rear units, with potential owner-occupancy rent control advantages to be independently verified. The front home also includes secure covered parking for two vehicles, garage door opener, storage cabinetry, and gated/passcode access from the carport. Rear Unit A is a two-story 2 bedroom, 1.5 bath apartment of approximately 960 square feet, with living room, kitchen, and powder room on the first level and two bedrooms plus full bath upstairs. Rear Unit B is an upstairs 2 bedroom, 1 bath apartment of approximately 930 square feet with an open living/kitchen layout. Both rear units have been recently updated with wood look luxury vinyl plank flooring, Shaker-style cabinetry/vanities, quartz countertops, tile finishes, and stainless steel appliances. Each rear unit has two covered carport parking spaces with extra storage, and both share a ground-level laundry room. Recent property improvements include a new roof, sewer lines, plumbing, security gate, cameras, interior/exterior paint, and other thoughtful upgrades. Outstanding Santa Monica location near Trader Joe’s, Whole Foods, Douglas Park, St. John’s Health Center, The Water Garden, McKinley Elementary, and nearby Metro access.

1224 24th, Santa Monica

Listing courtesy of Listing Agent: Ronald Giery (Ronnie.Giery@domorealestate.com) from Listing Office: DOMO Real Estate.

$1,995,000

3 Beds ⋅ 2 Baths ⋅ 26850823 MLS

Located in the heart of Ocean Park, just blocks from Main Street and the beach, this charming duplex presents a rare opportunity to own a versatile property in one of Santa Monica's most coveted coastal neighborhoods. Elevated above a quiet, tree-lined street, the property offers a unique blend of character, flexibility, and income potential. The front residence is a light-filled one-bedroom bungalow featuring an inviting open-concept layout, hardwood flooring, abundant natural light, and a welcoming front porch ideal for relaxing or entertaining. The rear residence offers two bedrooms and one bath, complemented by vaulted ceilings, spacious living areas, multiple private entrances, and an expansive exclusive-use courtyard that embraces Southern California indoor-outdoor living. Adding to the property's appeal is a detached studio with soaring ceilings and an oversized skylight, creating the perfect space for a home office, creative studio, gym, guest space, or future ADU potential. Whether you're seeking an owner-user opportunity, an income-producing investment, a 1031 exchange property, or a future redevelopment play, the possibilities are abundant. Just moments from Ocean Park's renowned restaurants, cafes, boutiques, and coastline, this exceptional offering combines lifestyle, location, and long-term upside in one of the Westside's most desirable communities.

607 Ashland Ave, Santa Monica

Courtesy of Carolwood Estates, Bjorn Farrugia - CA DRE#01864250

$1,995,000

3 Beds ⋅ 2 Baths ⋅ 26850823 MLS

Located in the heart of Ocean Park, just blocks from Main Street and the beach, this charming duplex presents a rare opportunity to own a versatile property in one of Santa Monica's most coveted coastal neighborhoods. Elevated above a quiet, tree-lined street, the property offers a unique blend of character, flexibility, and income potential. The front residence is a light-filled one-bedroom bungalow featuring an inviting open-concept layout, hardwood flooring, abundant natural light, and a welcoming front porch ideal for relaxing or entertaining. The rear residence offers two bedrooms and one bath, complemented by vaulted ceilings, spacious living areas, multiple private entrances, and an expansive exclusive-use courtyard that embraces Southern California indoor-outdoor living. Adding to the property's appeal is a detached studio with soaring ceilings and an oversized skylight, creating the perfect space for a home office, creative studio, gym, guest space, or future ADU potential. Whether you're seeking an owner-user opportunity, an income-producing investment, a 1031 exchange property, or a future redevelopment play, the possibilities are abundant. Just moments from Ocean Park's renowned restaurants, cafes, boutiques, and coastline, this exceptional offering combines lifestyle, location, and long-term upside in one of the Westside's most desirable communities.

607 Ashland Avenue, Santa Monica

Listing courtesy of Listing Agent: Bjorn Farrugia (bjorn@bjornfarrugia.com) from Listing Office: Carolwood Estates.

$7,750,000

28 Beds ⋅ 28 Baths ⋅ 26848557 MLS

*NOW TOURING* We are proud to present 440 Raymond Ave, a 20-unit multifamily investment opportunity located in the highly sought-after Ocean Park neighborhood of Santa Monica. Held by the same family since 1997, this offering represents a rare opportunity to acquire a Westside asset being offered for sale for the first time in nearly 30 years. Featuring a desirable courtyard-style layout, the property has benefited from significant capital improvements throughout ownership, including a complete copper plumbing repipe, newer above grade sewer pipes, completed seismic retrofit work, security enhancements, and numerous common area improvements. Additionally, 15 of the property's 20 units have been renovated with updated kitchens and bathrooms, quartz countertops, upgraded cabinetry, wood flooring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned approximately five blocks from the Pacific Ocean, residents enjoy convenient access to Main Street Santa Monica's restaurants, cafes, boutiques, fitness studios, and neighborhood-serving retail. The property is also located near the Santa Monica Farmers Market, Santa Monica Pier, Abbot Kinney,Third Street Promenade, and the beach bike path. Located in the heart of Silicon Beach, 440 Raymond Ave benefits from proximity to major employment centers throughout Santa Monica, Venice, Playa Vista, Marina del Rey, and Culver City. Convenient access to Lincoln Boulevard, Pacific Coast Highway, and the I-10 Freeway further enhances accessibility throughout the Westside.440 Raymond Ave offers investors a rare opportunity to acquire a well-located Ocean Park apartment asset being offered for sale for the first time in nearly 30 years, with extensive renovations, a walk-to-beach location, and continued rental upside.

440 Raymond Ave, Santa Monica

Courtesy of Realty Investment Advisors, Inc., Don Favia - CA DRE#01841258

$7,750,000

28 Beds ⋅ 28 Baths ⋅ 26848557 MLS

*NOW TOURING* We are proud to present 440 Raymond Ave, a 20-unit multifamily investment opportunity located in the highly sought-after Ocean Park neighborhood of Santa Monica. Held by the same family since 1997, this offering represents a rare opportunity to acquire a Westside asset being offered for sale for the first time in nearly 30 years. Featuring a desirable courtyard-style layout, the property has benefited from significant capital improvements throughout ownership, including a complete copper plumbing repipe, newer above grade sewer pipes, completed seismic retrofit work, security enhancements, and numerous common area improvements. Additionally, 15 of the property's 20 units have been renovated with updated kitchens and bathrooms, quartz countertops, upgraded cabinetry, wood flooring, ceramic tile finishes, crown molding, LED lighting, and updated appliances. Ownership has completed extensive renovations while leaving additional upside through continued unit turnover.Positioned approximately five blocks from the Pacific Ocean, residents enjoy convenient access to Main Street Santa Monica's restaurants, cafes, boutiques, fitness studios, and neighborhood-serving retail. The property is also located near the Santa Monica Farmers Market, Santa Monica Pier, Abbot Kinney,Third Street Promenade, and the beach bike path. Located in the heart of Silicon Beach, 440 Raymond Ave benefits from proximity to major employment centers throughout Santa Monica, Venice, Playa Vista, Marina del Rey, and Culver City. Convenient access to Lincoln Boulevard, Pacific Coast Highway, and the I-10 Freeway further enhances accessibility throughout the Westside.440 Raymond Ave offers investors a rare opportunity to acquire a well-located Ocean Park apartment asset being offered for sale for the first time in nearly 30 years, with extensive renovations, a walk-to-beach location, and continued rental upside.

440 Raymond Avenue, Santa Monica

Listing courtesy of Listing Agent: Don Favia (dfavia@riacre.com) from Listing Office: Realty Investment Advisors, Inc..

$3,295,000

3 Beds ⋅ 2 Baths ⋅ 26841783 MLS

A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7,500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 10,811 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.

1434 14th St, Santa Monica

Courtesy of Compass, Steve Sawai - CA DRE#00607215

$3,295,000

3 Beds ⋅ 2 Baths ⋅ 26841783 MLS

A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7,500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 10,811 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.

1434 14th Street, Santa Monica

Listing courtesy of Listing Agent: Steve Sawai (steve@stevesawaii.com) from Listing Office: Compass.

$2,260,000

6 Beds ⋅ 5 Baths ⋅ 26841091 MLS

"Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with easy access to shopping, dining, entertainment, and public transportation. Extensively renovated and thoughtfully upgraded, this income-producing property ( GREAT CASH FLOW ) consists of a REMODELED TRIPLEX plus a NEWLY BUILT legal 2-bedroom, 2-bath ADU, offering strong rental demand, stable income generation, and compelling long-term investment potential. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, hardwood flooring and or vinyl plank, dual-pane windows, fresh interior paint, new heaters, and modernized interiors throughout. Each unit features stainless steel appliances including an in-unit washer and dryer, dishwasher, built-in microwave, gas range, and refrigerator. Additional interior upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and designer Edison-style fixtures. These significant upgrades help support tenant satisfaction while reducing near-term maintenance concerns, enhancing the property's appeal as a well-positioned investment asset. The lower front unit enjoys a spacious private patio with panoramic city and Santa Monica Mountain views. Residents also benefit from a large shared rear patio and five onsite parking spaces, amenities that contribute to continued tenant desirability and rental strength. ALL UNITS ARE CURRENTLY TENANT OCCUPIED , providing immediate rental income and operational continuity for investors. DO NOT DISTURB TENANTS. Inside with an accepted offer, no exceptions! Call agent for more information - Make an offer on the CAR FORMS"

2230 Delaware Ave, Santa Monica

Courtesy of ZARA Equity Corp., Marc Chorin - CA DRE#01143383

$2,260,000

6 Beds ⋅ 5 Baths ⋅ 26841091 MLS

"Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with easy access to shopping, dining, entertainment, and public transportation. Extensively renovated and thoughtfully upgraded, this income-producing property ( GREAT CASH FLOW ) consists of a REMODELED TRIPLEX plus a NEWLY BUILT legal 2-bedroom, 2-bath ADU, offering strong rental demand, stable income generation, and compelling long-term investment potential. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, hardwood flooring and or vinyl plank, dual-pane windows, fresh interior paint, new heaters, and modernized interiors throughout. Each unit features stainless steel appliances including an in-unit washer and dryer, dishwasher, built-in microwave, gas range, and refrigerator. Additional interior upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and designer Edison-style fixtures. These significant upgrades help support tenant satisfaction while reducing near-term maintenance concerns, enhancing the property's appeal as a well-positioned investment asset. The lower front unit enjoys a spacious private patio with panoramic city and Santa Monica Mountain views. Residents also benefit from a large shared rear patio and five onsite parking spaces, amenities that contribute to continued tenant desirability and rental strength. ALL UNITS ARE CURRENTLY TENANT OCCUPIED , providing immediate rental income and operational continuity for investors. DO NOT DISTURB TENANTS. Inside with an accepted offer, no exceptions! Call agent for more information - Make an offer on the CAR FORMS"

2230 Delaware Avenue, Santa Monica

Listing courtesy of Listing Agent: Marc Chorin (marcchorin@aol.com) from Listing Office: ZARA Equity Corp..

$2,249,000

11 Beds ⋅ 6 Baths ⋅ 26840203 MLS

Ideally situated North of Wilshire on a beautiful tree-lined street just moments from Montana Avenue, 1018 21st Street presents a unique opportunity to acquire a premier 5-unit apartment property in Santa Monica's most coveted neighborhood.The property features an attractive unit mix consisting of one spacious 3-bedroom, 2-bath residence, two remodeled 2-bedroom, 2-bath units with air conditioning, and two 2-bedroom, 1.5-bath units. Each unit includes a garage parking space. Enjoy convenient access to Montana Avenue's renowned restaurants, caffes, boutiques, Palisades Park and infamous Santa Monica beach.Prime North of Wilshire location. Strong unit mix. Private garage parking. Exceptional owner-user potential. A rare Santa Monica investment opportunity not to be missed. Buyer to cooperate with Sellers 1031 Tax Deferred Exchange at no additional cost to Buyer.

1018 21st St, Santa Monica

Courtesy of J. D. Realty Company, James Dutton - CA DRE#00864227

$2,249,000

11 Beds ⋅ 6 Baths ⋅ 26840203 MLS

Ideally situated North of Wilshire on a beautiful tree-lined street just moments from Montana Avenue, 1018 21st Street presents a unique opportunity to acquire a premier 5-unit apartment property in Santa Monica's most coveted neighborhood.The property features an attractive unit mix consisting of one spacious 3-bedroom, 2-bath residence, two remodeled 2-bedroom, 2-bath units with air conditioning, and two 2-bedroom, 1.5-bath units. Each unit includes a garage parking space. Enjoy convenient access to Montana Avenue's renowned restaurants, caffes, boutiques, Palisades Park and infamous Santa Monica beach.Prime North of Wilshire location. Strong unit mix. Private garage parking. Exceptional owner-user potential. A rare Santa Monica investment opportunity not to be missed. Buyer to cooperate with Sellers 1031 Tax Deferred Exchange at no additional cost to Buyer.

1018 21st Street, Santa Monica

Listing courtesy of Listing Agent: James Dutton (jim@jimdutton.com) from Listing Office: J. D. Realty Company.

$2,995,000

6 Beds ⋅ 5 Baths ⋅ 26837951 MLS

Seller Financing available! Seller may consider carrying a 1st TD at 5.5% interest only, no prepayment penalty for 5 years, with 30%+ down for qualified buyers. 631 Pier Ave presents a rare opportunity to acquire a thoughtfully maintained split-level four-unit property in the heart of Santa Monica's coveted Ocean Park neighborhood. The property features an attractive unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio unit, currently generating approximately $201,000 in annual gross income while offering additional upside through future rental growth. Originally built in 1961 and carefully improved over the years, the property includes mini split A/C systems throughout all units, updated decking, refreshed interiors, new flooring, upgraded finishes, and the rare convenience of four private garages with additional off-street parking, an increasingly hard-to-find amenity in Santa Monica's coastal neighborhoods. Several units feature abundant natural light, open layouts, private outdoor spaces, and seamless indoor-outdoor living, while the split-level design adds architectural character and a unique sense of separation and flow throughout the property. Beyond the investment fundamentals, the property offers a uniquely serene atmosphere framed by mature landscaping cultivated over decades of ownership, including towering palm trees, lush podocarpus greenery, vibrant bougainvillea, mature fig vines, and a beautiful pomegranate tree woven throughout the hillside gardens. Tucked behind greenery and moments from Main Street, Rose Avenue, Abbot Kinney, Lincoln Blvd, and the beach, 631 Pier Ave offers a rare blend of stable income, lifestyle appeal, and long-term appreciation potential in one of Los Angeles' most desirable rental markets. Subject to Santa Monica rent control, the property offers stable in-place tenancy. Seller may consider carrying a first trust deed for qualified buyers, creating a rare financing opportunity in today's market.

631 Pier Ave, Santa Monica

Courtesy of Pardee Properties, Josh Flynn - CA DRE#01985199

$2,995,000

6 Beds ⋅ 5 Baths ⋅ 26837951 MLS

Seller Financing available! Seller may consider carrying a 1st TD at 5.5% interest only, no prepayment penalty for 5 years, with 30%+ down for qualified buyers. 631 Pier Ave presents a rare opportunity to acquire a thoughtfully maintained split-level four-unit property in the heart of Santa Monica's coveted Ocean Park neighborhood. The property features an attractive unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio unit, currently generating approximately $201,000 in annual gross income while offering additional upside through future rental growth. Originally built in 1961 and carefully improved over the years, the property includes mini split A/C systems throughout all units, updated decking, refreshed interiors, new flooring, upgraded finishes, and the rare convenience of four private garages with additional off-street parking, an increasingly hard-to-find amenity in Santa Monica's coastal neighborhoods. Several units feature abundant natural light, open layouts, private outdoor spaces, and seamless indoor-outdoor living, while the split-level design adds architectural character and a unique sense of separation and flow throughout the property. Beyond the investment fundamentals, the property offers a uniquely serene atmosphere framed by mature landscaping cultivated over decades of ownership, including towering palm trees, lush podocarpus greenery, vibrant bougainvillea, mature fig vines, and a beautiful pomegranate tree woven throughout the hillside gardens. Tucked behind greenery and moments from Main Street, Rose Avenue, Abbot Kinney, Lincoln Blvd, and the beach, 631 Pier Ave offers a rare blend of stable income, lifestyle appeal, and long-term appreciation potential in one of Los Angeles' most desirable rental markets. Subject to Santa Monica rent control, the property offers stable in-place tenancy. Seller may consider carrying a first trust deed for qualified buyers, creating a rare financing opportunity in today's market.

631 Pier Avenue, Santa Monica

Listing courtesy of Listing Agent: Josh Flynn (teamcf@pardeeproperties.com) from Listing Office: Pardee Properties.

$5,100,000

13 Baths ⋅ 26837741 MLS

Fully renovated 13-unit multifamily investment opportunity located in the heart of Downtown Santa Monica, just blocks from the beach, Third Street Promenade, Metro Expo Line, and Silicon Beach employment hubs. The property consists of thirteen studio units and has undergone an extensive top-to-bottom renovation, blending modern coastal design with major system upgrades.Originally built in 1924 and renovated in 2024, the property features a new roof, copper plumbing, upgraded electrical, fiber optic internet, fire sprinkler and monitoring systems, and completed asbestos and lead abatement. Each unit has been redesigned with contemporary finishes including stainless steel appliances, custom cabinetry, SPC flooring, recessed lighting, Title 24 windows, and individual HVAC split systems.Positioned in one of Southern California's strongest rental markets, the property offers investors a stabilized asset with strong in-place income and long-term appreciation potential in a highly walkable coastal location. Residents enjoy immediate access to premier dining, shopping, entertainment, public transit, Santa Monica College, UCLA Medical Center, and major Westside employers.

1217 9th St, Santa Monica

Courtesy of Houze Real Estate Management, Kelly Morgan - CA DRE#01898026

$5,100,000

13 Baths ⋅ 26837741 MLS

Fully renovated 13-unit multifamily investment opportunity located in the heart of Downtown Santa Monica, just blocks from the beach, Third Street Promenade, Metro Expo Line, and Silicon Beach employment hubs. The property consists of thirteen studio units and has undergone an extensive top-to-bottom renovation, blending modern coastal design with major system upgrades.Originally built in 1924 and renovated in 2024, the property features a new roof, copper plumbing, upgraded electrical, fiber optic internet, fire sprinkler and monitoring systems, and completed asbestos and lead abatement. Each unit has been redesigned with contemporary finishes including stainless steel appliances, custom cabinetry, SPC flooring, recessed lighting, Title 24 windows, and individual HVAC split systems.Positioned in one of Southern California's strongest rental markets, the property offers investors a stabilized asset with strong in-place income and long-term appreciation potential in a highly walkable coastal location. Residents enjoy immediate access to premier dining, shopping, entertainment, public transit, Santa Monica College, UCLA Medical Center, and major Westside employers.

1217 9th Street, Santa Monica

Listing courtesy of Listing Agent: Kelly Morgan (Kelly@KellyMorganCommercial.com) from Listing Office: Houze Real Estate Management.

$3,095,000

SR26111032 MLS

This 9 unit apartment building consists of 3 buildings on one lot with a 4 plex of 1BRs, a townhouse duplex with 2BRs and 3 studios above 5 garages. It is conveniently located in central Santa Monica on a desirable corner lot at 20th St and Arizona Ave. Less than a 10 minute walk from markets, restaurants and public transportation along the Wilshire Blvd corridor. Across the street from a well known bakery, boutique hotel, and a Santa Monica Medical Center, this building is dual zoned as residential and Health Care Commercial for added value. Recent renovations completed on multiple units. See attached offering memorandum for additional information.

1916 1930 Arizona, Santa Monica

Listing courtesy of Listing Agent: William Schebeck (bill_goldstarca@yahoo.com) from Listing Office: Gold Star Realty.

$1,875,000

5 Beds ⋅ 4 Baths ⋅ 26836129 MLS

Price Reduced! Attractively Priced at $1.875 Million. Fantastic Owner-User Opportunity! Charming fully renovated house in front with a triplex in rear on quiet cul-de-sac. Turnkey: House and two out of three apartments fully renovated. 3 garages plus one additional parking space. Prime Santa Monica Location: Minutes to Downtown Santa Monica and Third Street Promenade. "Walker's Paradise" Location (94 Walk Score): Walk to CVS, Starbucks, Jamba Juice, Providence Saint John's Health Center, Trader Joe's, and a variety of restaurants *Excellent Proximity to Employment: Tech firms, medical, education. Coveted Santa Monica School District with Highly Rated Schools: One block to McKinley Elementary School (A, niche.com). Convenient Access to Transportation: Five minutes to the 26th Street/Bergamot Metro Expo "E" Line station, as well as the 10 Freeway. Tremendous Area Demographics: Average household income over $210K and average housing value over $2.13M within a three-mile radius. See Agent Remarks for property website link

2440 Chelsea Pl, Santa Monica

Courtesy of Berkadia, Adrienne Barr - CA DRE#01308753

$1,875,000

5 Beds ⋅ 4 Baths ⋅ 26836129 MLS

Price Reduced! Attractively Priced at $1.875 Million. Fantastic Owner-User Opportunity! Charming fully renovated house in front with a triplex in rear on quiet cul-de-sac. Turnkey: House and two out of three apartments fully renovated. 3 garages plus one additional parking space. Prime Santa Monica Location: Minutes to Downtown Santa Monica and Third Street Promenade. "Walker's Paradise" Location (94 Walk Score): Walk to CVS, Starbucks, Jamba Juice, Providence Saint John's Health Center, Trader Joe's, and a variety of restaurants *Excellent Proximity to Employment: Tech firms, medical, education. Coveted Santa Monica School District with Highly Rated Schools: One block to McKinley Elementary School (A, niche.com). Convenient Access to Transportation: Five minutes to the 26th Street/Bergamot Metro Expo "E" Line station, as well as the 10 Freeway. Tremendous Area Demographics: Average household income over $210K and average housing value over $2.13M within a three-mile radius. See Agent Remarks for property website link

2440 Chelsea Place, Santa Monica

Listing courtesy of Listing Agent: (adrienne.barr@berkadia.com) from Listing Office: Berkadia.

$2,550,000

13 Beds ⋅ 8 Baths ⋅ 26834663 MLS

A well-maintained 8-unit apartment community ideally located in one of Santa Monica's most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California. Situated on a 7,492 square foot lot, the property totals 6,366 square feet of gross building area, averaging 796 square feet per unit across a single building. The asset features a diverse unit mix of one (1) studio, one (1) one bedroom, one bath unit, and six (6) two-bedroom, one bath units

1127 5th St, Santa Monica

Courtesy of CBRE, John Boyett - CA DRE#02056759

$2,550,000

13 Beds ⋅ 8 Baths ⋅ 26834663 MLS

A well-maintained 8-unit apartment community ideally located in one of Santa Monica's most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California. Situated on a 7,492 square foot lot, the property totals 6,366 square feet of gross building area, averaging 796 square feet per unit across a single building. The asset features a diverse unit mix of one (1) studio, one (1) one bedroom, one bath unit, and six (6) two-bedroom, one bath units

1127 5th Street, Santa Monica

Listing courtesy of Listing Agent: John Boyett (John.Boyett@cbre.com) from Listing Office: CBRE.

$2,599,000

4 Beds ⋅ 3 Baths ⋅ 26833885 MLS

OPPORTUNITY KNOCKS!!! Turn-Key investment opportunity!!! A rare gem in one of Southern California's most sought-after coastal communities, this beautifully maintained and extensively upgraded triplex presents an exceptional investment and owner-user opportunity just minutes from the beach. Ideally situated near Santa Monica College and approximately two miles from Santa Monica Pier, Palisades Park, Third Street Promenade, Venice Beach, and Santa Monica Place, this unique property features a charming front duplex built in 1936 (Units A & B) and a spacious detached rear owner's residence added in 1956 (Unit C), all situated on an expansive 7,187 SqFt lot. Each unit has been thoughtfully maintained and upgraded with hardwood flooring, copper plumbing, underground utilities, individual washers and dryers, separate front and side entrances, and key-lock security gates. A large shared patio between Units B and C provides an inviting outdoor space perfect for entertaining or relaxing. Unit A offers a one-bedroom, one-bath layout with dining area, laundry room, vinyl windows, gas range, parking for two vehicles, and a private enclosed garage/storage space. Unit B features two bedrooms, one bathroom, dining area, laundry room, gas range, vinyl windows, driveway parking for up to three vehicles, and an enclosed garage/storage. Unit C boasts a spacious living room, large bedroom, full bathroom, mud room with garage access, an updated kitchen, new washer and dryer, dishwasher, alley-access parking for three vehicles, and an enclosed garage equipped with an electric door and EV charger. Recent major capital improvements include a new roof with gutters and downspouts, new garage doors, new HVAC systems with heating and cooling in all units, all new tankless water heaters, upgraded electrical panel with sub-panel, new gas safety shut-off valves, sewer line, remodeled bathrooms in Units A and B, a complete remodel of Unit C including flooring, doors, windows, kitchen cabinetry and appliances, bathroom, laundry room, and garage upgrades. A truly one-of-a-kind coastal income property offering pride of ownership, strong rental appeal, and an unbeatable location.

2252 20th St, Santa Monica

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

$2,599,000

4 Beds ⋅ 3 Baths ⋅ 26833885 MLS

OPPORTUNITY KNOCKS!!! Turn-Key investment opportunity!!! A rare gem in one of Southern California's most sought-after coastal communities, this beautifully maintained and extensively upgraded triplex presents an exceptional investment and owner-user opportunity just minutes from the beach. Ideally situated near Santa Monica College and approximately two miles from Santa Monica Pier, Palisades Park, Third Street Promenade, Venice Beach, and Santa Monica Place, this unique property features a charming front duplex built in 1936 (Units A & B) and a spacious detached rear owner's residence added in 1956 (Unit C), all situated on an expansive 7,187 SqFt lot. Each unit has been thoughtfully maintained and upgraded with hardwood flooring, copper plumbing, underground utilities, individual washers and dryers, separate front and side entrances, and key-lock security gates. A large shared patio between Units B and C provides an inviting outdoor space perfect for entertaining or relaxing. Unit A offers a one-bedroom, one-bath layout with dining area, laundry room, vinyl windows, gas range, parking for two vehicles, and a private enclosed garage/storage space. Unit B features two bedrooms, one bathroom, dining area, laundry room, gas range, vinyl windows, driveway parking for up to three vehicles, and an enclosed garage/storage. Unit C boasts a spacious living room, large bedroom, full bathroom, mud room with garage access, an updated kitchen, new washer and dryer, dishwasher, alley-access parking for three vehicles, and an enclosed garage equipped with an electric door and EV charger. Recent major capital improvements include a new roof with gutters and downspouts, new garage doors, new HVAC systems with heating and cooling in all units, all new tankless water heaters, upgraded electrical panel with sub-panel, new gas safety shut-off valves, sewer line, remodeled bathrooms in Units A and B, a complete remodel of Unit C including flooring, doors, windows, kitchen cabinetry and appliances, bathroom, laundry room, and garage upgrades. A truly one-of-a-kind coastal income property offering pride of ownership, strong rental appeal, and an unbeatable location.

2252 20th Street, Santa Monica

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

$2,695,000

8 Beds ⋅ 6 Baths ⋅ 26828737 MLS

Charming 6-unit property with expansive grounds and 5 one car garages. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for a savvy investor to step in and maximize returns. One 1/1 bedroom Unit will be delivered VACANT along with 4 out of the 5 garages. There is a tremendous value and upside to this spectacular property.

947 17th St, Santa Monica

Courtesy of Compass, Esther Hickman - CA DRE#01993403

$2,695,000

8 Beds ⋅ 6 Baths ⋅ 26828737 MLS

Charming 6-unit property with expansive grounds and 5 one car garages. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for a savvy investor to step in and maximize returns. One 1/1 bedroom Unit will be delivered VACANT along with 4 out of the 5 garages. There is a tremendous value and upside to this spectacular property.

947 17th Street, Santa Monica

Listing courtesy of Listing Agent: Esther Hickman (esther.hickman@compass.com) from Listing Office: Compass.

$4,995,000

10 Beds ⋅ 10 Baths ⋅ 26828629 MLS

One-of-a-kind mixed-use compound in the heart of Santa Monica. 4-unit freestanding asset, fully redeveloped in 2019. 1447 11th Street offers turnkey live/work flexibility for both owner-users and investors. Multi-use zoning allows for a variety of configurations, including owner occupancy with supplemental income or business use in additional units.Each residence is designed as an individual townhouse, complete with private laundry, covered parking, and integrated smart home systems with secure access.Steps to brand new Equinox, and surrounded by some of the neighborhood's best dining, bars, and amenities. Buyer to verify uses.

1447 11th St, Santa Monica

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

$3,500,000

13 Beds ⋅ 10 Baths ⋅ 26828455 MLS

We are pleased to offer the opportunity to acquire 1323 11th Street, a 10-unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7,483 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliancesincluding dishwasher, stove/oven, and farmhouse-style sinkand open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.The two remaining legacy 1Bdr/1Bath units average $1,578/month against a market rent of $2,495, representing a $918 per-unit gap that offers meaningful upside through unit turnover and renovation.1323 11th Street provides investors a rare buying opportunity that delivers an immediate healthy income stream, with remaining rental upside in a prime coastal market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

1323 11th St, Santa Monica

Courtesy of Marcus & Millichap, Sean Rosenzweig - CA DRE#01406343

$4,995,000

10 Beds ⋅ 10 Baths ⋅ 26828629 MLS

One-of-a-kind mixed-use compound in the heart of Santa Monica. 4-unit freestanding asset, fully redeveloped in 2019. 1447 11th Street offers turnkey live/work flexibility for both owner-users and investors. Multi-use zoning allows for a variety of configurations, including owner occupancy with supplemental income or business use in additional units.Each residence is designed as an individual townhouse, complete with private laundry, covered parking, and integrated smart home systems with secure access.Steps to brand new Equinox, and surrounded by some of the neighborhood's best dining, bars, and amenities. Buyer to verify uses.

1447 11th Street, Santa Monica

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

$3,500,000

13 Beds ⋅ 10 Baths ⋅ 26828455 MLS

We are pleased to offer the opportunity to acquire 1323 11th Street, a 10-unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7,483 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliancesincluding dishwasher, stove/oven, and farmhouse-style sinkand open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.The two remaining legacy 1Bdr/1Bath units average $1,578/month against a market rent of $2,495, representing a $918 per-unit gap that offers meaningful upside through unit turnover and renovation.1323 11th Street provides investors a rare buying opportunity that delivers an immediate healthy income stream, with remaining rental upside in a prime coastal market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

1323 11th Street, Santa Monica

Listing courtesy of Listing Agent: Sean Rosenzweig (thesrgroup@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$4,750,000

PW26075107 MLS

2626 Cloverfield Boulevard is a renovated 12-unit apartment building in the world-renowned coastal market of Santa Monica, California. This offering represents an exciting opportunity to acquire a turnkey asset with remodeled interiors, strong in-place income, and immediate upside potential. Originally constructed in 1966, the property consists of eleven one-bedroom units and one studio, all of which have undergone comprehensive interior renovations. Unit upgrades include new flooring, modernized kitchens with updated cabinetry and appliances, in-unit washer/dryer combinations, contemporary bathrooms, and air conditioning in select units. The building is separately metered for gas and electricity. Exterior improvements include fresh paint, vibrant unit entries, and low-maintenance landscaping featuring turf, contributing to both curb appeal and reduced ongoing costs. The asset also offers six surface parking spaces. Positioned at the corner of Ocean Park Boulevard and Cloverfield Boulevard, the property benefits from exceptional proximity to Santa Monica’s most sought-after amenities. Santa Monica College is located just a half-mile away, while the beach and the vibrant dining and shopping corridor along Main Street are less than two miles. The iconic Santa Monica Pier and Third Street Promenade are accessible within a 10-minute drive. This prime coastal location continues to attract a strong tenant base, supported by an average household income exceeding $148,000 within a one-mile radius. 2626 Cloverfield Boulevard offers investors the ability to acquire a well-located, fully renovated asset with durable tenant demand, operational efficiencies, and clear near-term income growth in one of Southern California’s most supply-constrained and resilient rental markets.

2626 Cloverfield, Santa Monica

Listing courtesy of Listing Agent: Steven Bogoyevac (steve.bogoyevac@marcusmillichap.com) from Listing Office: Steven M. Bogoyevac, Broker.

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