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

The Bicknell Residences is a multifamily property located in the Ocean Park neighborhood of Santa Monica. This property is being sold pursuant to a court-supervised partition process and is subject to court confirmation. Duplex per public record; four units on site. Buyer to verify legal status and permits. Originally constructed in 1920, the property features approximately ±2,369 square feet of improvements situated on a ±6,006 square foot lot. The property offers a unit mix consisting of one two-bedroom, one-bathroom unit with office, and three one-bedroom, one-bathroom units, including configurations with a den and utility room. The improvements reflect classic Santa Monica architectural character, including traditional design elements, original wood siding, and period detailing. Select units feature updated interiors, while others retain original finishes. Lower units provide both front and rear access, offering functional separation and flexibility of use. The property includes four detached garages and a shared on-site laundry area. The site layout incorporates a rear patio area adjacent to the garage structure. Buyer to verify potential uses and development standards. The property is master metered for water and separately metered for gas and electricity. Each unit is equipped with an individual water heater. Ocean Park is a well-established coastal neighborhood known for its residential setting, walkability, and proximity to neighborhood amenities. The property is located near Main Street, providing access to a range of dining, retail, and service-oriented uses. The location offers proximity to the Santa Monica Pier, Third Street Promenade, and surrounding coastal destinations, as well as nearby parks and recreational areas. The property also provides convenient access to Lincoln Boulevard, Pico Boulevard, Santa Monica Boulevard, and the I-10 Freeway, connecting to Santa Monica, Venice, Culver City, Westwood, Century City, and other Westside employment centers. Buyer to verify all property details, including square footage, unit configuration, zoning, permits, and allowable uses.

238 Bicknell, Santa Monica

Listing courtesy of Listing Agent: Raymond Rodriguez (info@lucrumre.com) from Listing Office: Equity Union.

$2,075,000

6 Beds ⋅ 4 Baths ⋅ 26669367 MLS

2302 32nd Street offers a unique opportunity to traditional or owner-occupied investors alike. The property sits on a large 9,000 Square Feet lot with a total of three structures. The front building contains Three Units, (1) Two-Bedroom One-Bathroom Unit and (2) One Bedroom One-Bathroom units. The middle structure of the lot is Two Stories with (1) Large One-Bedroom One-Bathroom unit located upstairs, and downstairs is (1) non-conforming One-Bedroom One-Bathroom unit. The property also provides a total of 7 parking spaces. Conveniently located just south of Pico Boulevard and theI-10 Freeway, tenants of 2302 32nd Street have no shortage of things to do. From vibrant nightlife to an ample selection of fine dining, daily necessities, and retail amenities. Providing easy access to all that Santa Monica has to offer as well as seamless transit to the surrounding West Los Angeles area. This asset offers a cash-flowing stabilized investment alongside potential to convert and/or add additional ADU's on the premises (buyer to verify).

2302 32nd St, Santa Monica

Courtesy of CBRE, John Boyett - CA DRE#02056759

$2,075,000

6 Beds ⋅ 4 Baths ⋅ 26669367 MLS

2302 32nd Street offers a unique opportunity to traditional or owner-occupied investors alike. The property sits on a large 9,000 Square Feet lot with a total of three structures. The front building contains Three Units, (1) Two-Bedroom One-Bathroom Unit and (2) One Bedroom One-Bathroom units. The middle structure of the lot is Two Stories with (1) Large One-Bedroom One-Bathroom unit located upstairs, and downstairs is (1) non-conforming One-Bedroom One-Bathroom unit. The property also provides a total of 7 parking spaces. Conveniently located just south of Pico Boulevard and theI-10 Freeway, tenants of 2302 32nd Street have no shortage of things to do. From vibrant nightlife to an ample selection of fine dining, daily necessities, and retail amenities. Providing easy access to all that Santa Monica has to offer as well as seamless transit to the surrounding West Los Angeles area. This asset offers a cash-flowing stabilized investment alongside potential to convert and/or add additional ADU's on the premises (buyer to verify).

2302 32nd Street, Santa Monica

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

$2,595,000

4 Beds ⋅ 3 Baths ⋅ 26666437 MLS

Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.

1047 9th St, Santa Monica

Courtesy of Christie's International Real Estate SoCal, Donald Heller - CA DRE#01198240

$2,595,000

4 Beds ⋅ 3 Baths ⋅ 26666437 MLS

Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.

1047 9th Street, Santa Monica

Listing courtesy of Listing Agent: Donald Heller (don@donhellergroup.com) from Listing Office: Christie's International Real Estate SoCal.

$3,100,000

SB26051364 MLS

The subject property (Lincoln Park Apartments) is a Classic 1950's two story walkup apartment building with 10 units. There are 3 two bedroom units, 5 one bedroom units, and 2 Studio apartments. The property features a gated central courtyard for access to the common area and entry for all of the units. There is a laundry room on site and 7 parking garages, in addition to the front parking area for 3 more vehicles. Future potential for ADU conversion of the garages. The units are subject to City of Santa Monica Rent Control and all units are below market with upside in rental income as units turnover. The property is in one of the most desirable areas of Santa Monica, just north of Wilshire Boulevard across from beautiful Reed Park which encompasses a full city block and has picnic tables, benches, basketball courts, public and private tennis courts. This quiet apartment complex is a short walk or bike ride to, 3rd Street Promenade with it's many shops and restaurants, the park along Ocean Avenue, Santa Monica State Beach, and The Santa Monica Pier. Properties in this area rarely become available, and are in high demand.

1129 Lincoln Boulevard, Santa Monica

Listing courtesy of Listing Agent: Stephen Lampe (slampe@remaxcir.com) from Listing Office: Re/Max Commercial & Investment.

$1,915,000

PV26043221 MLS

Whether you're looking for your next savvy investment or want to make the most out of your purchase, don't pass up this incredible opportunity in Santa Monica! Situated with easy access to major freeways, the property is just half a mile from Virginia Ave Park and a quick three-mile trip to the iconic Santa Monica Pier. This prime location combines the charm of a quiet neighborhood with the convenience of proximity to the city's vibrant lifestyle offerings. Along a tree-lined street in a prime location, this excellent property features (4) units, each separately metered for gas and electric. Discover (3) units, 1-bedroom, 1-bath layouts on the main level and (1) large unit, 2-bedroom, 1-bath upstairs. The optimal design allows you to secure a quadruple income or live in one while renting the others. Find extensive updates across 3 units, including freshly painted walls, newly installed flooring, stainless steel appliances, and revamped fixtures. You'll also have remodeled baths and access to private patios overlooking the lush landscaping and mature fruit trees. Convenience is yours with in-unit laundry hookups available. Plus, the 5,600 sq ft property includes a 4-car garage, an additional parking space, and off-street parking for an additional vehicle. With SMR2 zoning on a triple corner lot, you'll have plenty of room for expansion or redevelopment options. As a premium bonus, owner-occupied two-car garages can be added to the units' income, along with potential income from an ADU or from renting the additional garages. Limitless possibilities await you in this rare gem that surely won't last long. So, what are you waiting for?

2117 Stewart Street, Santa Monica

Listing courtesy of Listing Agent: Lisa Oliveras (lisa.ramsey@southbayspecialists.com) from Listing Office: Estate Properties.

$5,990,000

18 Beds ⋅ 16 Baths ⋅ 26657565 MLS

A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 and up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers seeking a prime Westside asset with immediate upside through renovation, lease-up, or new construction.

2711 Pico Blvd, Santa Monica

Courtesy of Redpoint Realty, Arthur Yoon - CA DRE#01955545

$5,990,000

18 Beds ⋅ 16 Baths ⋅ 26657565 MLS

A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 and up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers seeking a prime Westside asset with immediate upside through renovation, lease-up, or new construction.

2711 Pico Boulevard, Santa Monica

Listing courtesy of Listing Agent: Arthur Yoon (arthur@arthuryoon.com) from Listing Office: Redpoint Realty.

$2,280,000

7 Beds ⋅ 5 Baths ⋅ 26654207 MLS

This exceptionally charming 5-unit multi-family property presents an incredible investment opportunity in a prime Santa Monica location. Built in 1938 this updated property has immense appeal and offers long-term growth potential. The property has been meticulously maintained. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Four of the five units have been remodeled; three feature in-unit laundry, the other two units have private laundry inside their garage. There are refinished hardwood floors, three of the five units have split AC units, quartz/granite countertops and tiled showers. In January 2025 a new roof was installed on the rear building, and in late 2024 the front building was recoated. Two of the front units have individual enclosed garages; three units have assigned parking. This property offers both immediate rental income and long-term growth potential. This property has just undergone significant capital improvements including soft story/seismic retrofit work, resulting in a building that is fully stabilized and ready to go. Centrally located near transportation, schools, shopping, parks, and the best Santa Monica has to offer. Operating at a 100% occupancy, the property yields a highly attractive Pro-Forma Cap Rate of 4.69%. The current tenants are professionals and the units are well maintained. This is a fantastic opportunity for investors seeking a steady cash flow in a thriving, rent resilient market. There is an excellent property management company in place. This is rare turnkey acquisition.

2517 20th St, Santa Monica

Courtesy of Coldwell Banker Realty, Julie Lovett - CA DRE#00803205

$2,280,000

7 Beds ⋅ 5 Baths ⋅ 26654207 MLS

This exceptionally charming 5-unit multi-family property presents an incredible investment opportunity in a prime Santa Monica location. Built in 1938 this updated property has immense appeal and offers long-term growth potential. The property has been meticulously maintained. There are three 1 bedroom/1 bathroom units plus two 2 bedroom/1 bathroom units. Four of the five units have been remodeled; three feature in-unit laundry, the other two units have private laundry inside their garage. There are refinished hardwood floors, three of the five units have split AC units, quartz/granite countertops and tiled showers. In January 2025 a new roof was installed on the rear building, and in late 2024 the front building was recoated. Two of the front units have individual enclosed garages; three units have assigned parking. This property offers both immediate rental income and long-term growth potential. This property has just undergone significant capital improvements including soft story/seismic retrofit work, resulting in a building that is fully stabilized and ready to go. Centrally located near transportation, schools, shopping, parks, and the best Santa Monica has to offer. Operating at a 100% occupancy, the property yields a highly attractive Pro-Forma Cap Rate of 4.69%. The current tenants are professionals and the units are well maintained. This is a fantastic opportunity for investors seeking a steady cash flow in a thriving, rent resilient market. There is an excellent property management company in place. This is rare turnkey acquisition.

2517 20th Street, Santa Monica

Listing courtesy of Listing Agent: Julie Lovett (jlovett333@gmail.com) from Listing Office: Coldwell Banker Realty.

$2,980,000

AR26033449 MLS

We are proud to present a rare opportunity to acquire a well-located, 6 unit multifamily asset in the heart of Santa Monica, just a few blocks away from the beach. Built in 1963, the property spans approximately 7,763 square feet on a 7,485 square feet lot and boasts an exceptional unit mix of two 2-bedroom / 1.5-bath townhouse style units, three 3-bedroom / 2-bath units, and one 3-bedroom/1.5-baths townhouse -style unit. The units feature spacious floor plans and ample closet space. The well-maintained property is separately metered for gas & electric, serviced by a central water heater, and offers an on-site laundry facility, one 2-car garage with storage rooms, and five carport parking spaces with storage bins. In recent years, the property has had significant capital improvements including a newer roof, copper plumbing in most units, multiple updated electrical sub-panels, replacement of a complete full main sewer line, and a new water heater in the laundry room. Two units have been extensively upgraded to include individual tankless water heaters & in-unit laundry, upgraded flooring, new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances including gas stove, refrigerator, microwave & dishwasher, new bathrooms, dual pane windows, and new lighting. These upgrades address deferral maintenance, improve building functions, enhance tenant experience, and will meaningfully increase the long-term value & performance of the property. The current rent is still below the market, a new owner is presented with the opportunity to increase rent to market price upon vacancy and further increase rental income with complete unit renovations of remaining unrenovated units. Additionally, the architectural work for the back carport ADU conversion is completed and ready to pull permits. This project will create two rentable studio units and will significantly increase both property value and cash flow. With stable income in place and meaningful upside through interior renovations and tenant turnover, the property presents a compelling blend of immediate cash flow & long term appreciation potential. This is a rare chance to own a turnkey asset in one of the most affluent & high-demand rental markets in Southern California.

1813 9th Street, Santa Monica

Listing courtesy of Listing Agent: Gary Lee (garylee988@gmail.com) from Listing Office: High Ten Partners, Inc..

$3,799,000

4 Beds ⋅ 3 Baths ⋅ 26651121 MLS

Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]

2709 Santa Monica Blvd, Santa Monica

Courtesy of Berkshire Hathaway HomeServices California Propert, Dennis Adelpour - CA DRE#01773733

$3,799,000

4 Beds ⋅ 3 Baths ⋅ 26651121 MLS

Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]

2709 Santa Monica Boulevard, Santa Monica

Listing courtesy of Listing Agent: Dennis Adelpour (Dennis@AdelpourGroup.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

$2,300,000

8 Beds ⋅ 5 Baths ⋅ 26648747 MLS

The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms

1430 Franklin St Unit A, Santa Monica

Courtesy of Andrew C. Lee, Kimiyasu Murayoshi - CA DRE#01329437

$2,300,000

8 Beds ⋅ 5 Baths ⋅ 26648747 MLS

The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms

1430 Franklin Street Unit A, Santa Monica

Listing courtesy of Listing Agent: Kimiyasu Murayoshi (kimi@hjkinternational.com) from Listing Office: Andrew C. Lee.

$1,995,000

6 Beds ⋅ 4 Baths ⋅ 26648461 MLS

FRONT ONE-BEDROOM UNIT WILL BE VACANT ON JULY 31ST - PERFECT OWNER-OCCUPIED OPPORTUNITY We are thrilled to offer an exclusive opportunity to acquire 1453 Centinela Avenue, a beautiful gated 4-Unit Apartment building located in the Mid-City Submarket of Santa Monica. Built in 1939, 1453 Centinela Avenue has been well managed with quality renovations within each unit while still maintaining its vintage character. The opportunity sits on a 7,566 Square Feet lot with a total of Two Structures. The front Duplex contains (2) One Bedroom One-Bathroom units while the back Duplex consists of (1) Two-Bedroom One Bathroom unit and (1) One Bedroom One Bathroom unit. Additionally, there is an additional living space within the back structure that has the possibility to be converted to an ADU. This is a studio styled space with a wet bar, bathroom, and is separately metered. Lastly, the property contains (4) one car garages on site that could provide additional value add ability, buyer to verify. Conveniently located just south of Santa Monica Blvd, tenants of 1453 Centinela Avenue have no shortage of things to do. From vibrant nightlife to an ample selection of fine dining, daily necessities, and retail amenities. Providing easy access to all that Santa Monica has to offer as well as seamless transit to the surrounding West Los Angeles area.

1453 Centinela Ave, Santa Monica

Courtesy of CBRE, John Boyett - CA DRE#02056759

$1,995,000

6 Beds ⋅ 4 Baths ⋅ 26648461 MLS

FRONT ONE-BEDROOM UNIT WILL BE VACANT ON JULY 31ST - PERFECT OWNER-OCCUPIED OPPORTUNITY We are thrilled to offer an exclusive opportunity to acquire 1453 Centinela Avenue, a beautiful gated 4-Unit Apartment building located in the Mid-City Submarket of Santa Monica. Built in 1939, 1453 Centinela Avenue has been well managed with quality renovations within each unit while still maintaining its vintage character. The opportunity sits on a 7,566 Square Feet lot with a total of Two Structures. The front Duplex contains (2) One Bedroom One-Bathroom units while the back Duplex consists of (1) Two-Bedroom One Bathroom unit and (1) One Bedroom One Bathroom unit. Additionally, there is an additional living space within the back structure that has the possibility to be converted to an ADU. This is a studio styled space with a wet bar, bathroom, and is separately metered. Lastly, the property contains (4) one car garages on site that could provide additional value add ability, buyer to verify. Conveniently located just south of Santa Monica Blvd, tenants of 1453 Centinela Avenue have no shortage of things to do. From vibrant nightlife to an ample selection of fine dining, daily necessities, and retail amenities. Providing easy access to all that Santa Monica has to offer as well as seamless transit to the surrounding West Los Angeles area.

1453 Centinela Avenue, Santa Monica

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

$15,395,000

47 Beds ⋅ 47 Baths ⋅ 26640487 MLS

PRICED TO SELL. ADDITIONAL $500,000 PRICE REDUCTION. We are pleased to offer for sale an incredibly rare multifamily asset at 537 San Vicente Blvd. in the heart of LA's famed beach city of Santa Monica. Originally built in 1957, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. There is significant rental upside, and on-site parking for 33 cars (and a wraparound driveway for additional parking), an on-site laundry facility and beautiful sparkling pool. The unit mix includes (19) 1-bed, 1-bath units, and (14) 2-bed, 2-bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A quick walk to Montana Avenue and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

537 San Vicente Blvd, Santa Monica

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

$15,395,000

47 Beds ⋅ 47 Baths ⋅ 26640487 MLS

PRICED TO SELL. ADDITIONAL $500,000 PRICE REDUCTION. We are pleased to offer for sale an incredibly rare multifamily asset at 537 San Vicente Blvd. in the heart of LA's famed beach city of Santa Monica. Originally built in 1957, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. There is significant rental upside, and on-site parking for 33 cars (and a wraparound driveway for additional parking), an on-site laundry facility and beautiful sparkling pool. The unit mix includes (19) 1-bed, 1-bath units, and (14) 2-bed, 2-bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A quick walk to Montana Avenue and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

537 San Vicente Boulevard, Santa Monica

Listing courtesy of Listing Agent: Jonathan Taksa (jon@taksainvestment.com) from Listing Office: Remax Commercial and Investment Realty.

$3,200,000

10 Beds ⋅ 8 Baths ⋅ 26638171 MLS

3 Vacant Units - 6 Remodeled Units - Washer/Dryer in ALL units - Expecting Approved Permits for 2 ADUs - 12.16 GRM - 1233 14th Street is an 8-unit apartment building with strong in-place upgrades and clear upside. The property features six 1-bedroom units and two 2-bedroom units, with six apartments renovated to modern standards including recessed lighting, updated kitchens and bathrooms, new flooring, and in-unit washer/dryers throughout. New electrical systems were completed in 2024. Additional value is created through the planned conversion of the detached garages into approximately 425 square foot 1-bedroom ADUs, adding two units and 850 square feet to the property. The project is currently in plan check with the city under Plan Check No. 25BLD-0352, offering a defined path to increased income and density.

1233 14th St, Santa Monica

Courtesy of RE/MAX One, Chase Simonton - CA DRE#01766871

$3,200,000

10 Beds ⋅ 8 Baths ⋅ 26638171 MLS

3 Vacant Units - 6 Remodeled Units - Washer/Dryer in ALL units - Expecting Approved Permits for 2 ADUs - 12.16 GRM - 1233 14th Street is an 8-unit apartment building with strong in-place upgrades and clear upside. The property features six 1-bedroom units and two 2-bedroom units, with six apartments renovated to modern standards including recessed lighting, updated kitchens and bathrooms, new flooring, and in-unit washer/dryers throughout. New electrical systems were completed in 2024. Additional value is created through the planned conversion of the detached garages into approximately 425 square foot 1-bedroom ADUs, adding two units and 850 square feet to the property. The project is currently in plan check with the city under Plan Check No. 25BLD-0352, offering a defined path to increased income and density.

1233 14th Street, Santa Monica

Listing courtesy of Listing Agent: Chase Simonton (Chase@RemaxOneCommercial.com) from Listing Office: RE/MAX One.

$2,275,000

8 Baths ⋅ 26637121 MLS

NOW PRICED AT AN IN PLACE 5.6% CAP RATE! 1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.4% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers, retail, transit, and the beach, with convenient access to both freeways and Metro lines.

1427 Euclid St, Santa Monica

Courtesy of Paloma Realty Partners, Inc., Adam Kanizo - CA DRE#02008361

$2,275,000

8 Baths ⋅ 26637121 MLS

NOW PRICED AT AN IN PLACE 5.6% CAP RATE! 1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.4% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers, retail, transit, and the beach, with convenient access to both freeways and Metro lines.

1427 Euclid Street, Santa Monica

Listing courtesy of Listing Agent: Adam Kanizo (ak@palomarealtypartners.com) from Listing Office: Paloma Realty Partners, Inc..

$2,795,000

11 Beds ⋅ 11 Baths ⋅ 26632253 MLS

seller is a licensed CA Real Estate Broker. property has a large front house with 6 bdrooms 4 bathroom could be for large family

1815 N 10th St, Santa Monica

Courtesy of David Mouallem, David Mouallem - CA DRE#01152326

$2,795,000

11 Beds ⋅ 11 Baths ⋅ 26632253 MLS

seller is a licensed CA Real Estate Broker. property has a large front house with 6 bdrooms 4 bathroom could be for large family

1815 N 10th Street, Santa Monica

Listing courtesy of Listing Agent: David Mouallem (davidmrealty@gmail.com) from Listing Office: David Mouallem.

$5,250,000

36 Beds ⋅ 36 Baths ⋅ 25630313 MLS

1243 & 1247 12th St consist of two adjacent ten-unit apartment buildings located between Wilshire Blvd and Arizona Ave in prime Santa Monica, approximately 12 blocks from the beach. Built in 1959, the properties total 18,832 square feet of improvements on a 15,007-square-foot double lot with two separate APNs, offering long-term ownership, financing, and disposition flexibility. Each building is approximately 9,416 square feet, and together the portfolio features an attractive and highly functional 20-unit mix comprised of (4) 1-bed/1-bath, (6) 2-bed/1.5-bath, (6) 2-bed/2-bath, (2) 3-bed/1.5-bath, and (2) 3-bed/2-bath units. This balanced mix appeals to a wide renter base and positions the asset for long-term revenue growth as turnover occurs. The property provides 22 parking spaces, including six tandem spaces at the front and ten standard spaces at the rear, along with a controlled-access, gated entry and on-site laundry facilities. The soft-story seismic retrofit has been completed (buyer to verify). Priced at an attractive basis compared to recent sale comparables at $327k/unit and $428/square-foot, with strong underlying land value and scale in one of the Westside's most supply-constrained submarkets. 1243 & 1247 12th St offer investors a rare opportunity to acquire two contiguous buildings in an irreplaceable coastal location with meaningful operational and appreciation upside.

1243 12th St, Santa Monica

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

$5,250,000

36 Beds ⋅ 36 Baths ⋅ 25630313 MLS

1243 & 1247 12th St consist of two adjacent ten-unit apartment buildings located between Wilshire Blvd and Arizona Ave in prime Santa Monica, approximately 12 blocks from the beach. Built in 1959, the properties total 18,832 square feet of improvements on a 15,007-square-foot double lot with two separate APNs, offering long-term ownership, financing, and disposition flexibility. Each building is approximately 9,416 square feet, and together the portfolio features an attractive and highly functional 20-unit mix comprised of (4) 1-bed/1-bath, (6) 2-bed/1.5-bath, (6) 2-bed/2-bath, (2) 3-bed/1.5-bath, and (2) 3-bed/2-bath units. This balanced mix appeals to a wide renter base and positions the asset for long-term revenue growth as turnover occurs. The property provides 22 parking spaces, including six tandem spaces at the front and ten standard spaces at the rear, along with a controlled-access, gated entry and on-site laundry facilities. The soft-story seismic retrofit has been completed (buyer to verify). Priced at an attractive basis compared to recent sale comparables at $327k/unit and $428/square-foot, with strong underlying land value and scale in one of the Westside's most supply-constrained submarkets. 1243 & 1247 12th St offer investors a rare opportunity to acquire two contiguous buildings in an irreplaceable coastal location with meaningful operational and appreciation upside.

1243 12th Street, Santa Monica

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

$4,800,000

15 Beds ⋅ 10 Baths ⋅ 25621805 MLS

Price Reduction! Bread and Butter Santa Monica Apartment in very desirable neighborhood! Pride of ownership shows - beautifully maintained property! Strong unit mix - six 2-bedrooms, three 1-bedroom, and one studio.

823 5th St, Santa Monica

Courtesy of Sullivan-Dituri Co.Realtors, William Dawson - CA DRE#01059814

$4,800,000

15 Beds ⋅ 10 Baths ⋅ 25621805 MLS

Price Reduction! Bread and Butter Santa Monica Apartment in very desirable neighborhood! Pride of ownership shows - beautifully maintained property! Strong unit mix - six 2-bedrooms, three 1-bedroom, and one studio.

823 5th Street, Santa Monica

Listing courtesy of Listing Agent: William Dawson (bill@sdrsm.com) from Listing Office: Sullivan-Dituri Co.Realtors.

$2,895,000

2 Beds ⋅ 3 Baths ⋅ 25605237 MLS

New Pricing for an Incredible Property! We are pleased to present The Cloverfield Creative Residences, a boutique collection of three beautifully reimagined live/work units ideally positioned in the heart of Santa Monica's dynamic Media District. Located at 1411 Cloverfield Boulevard, the property offers an exceptional opportunity for both investors and owner-users seeking a flexible, high-design environment within one of the Westside's most sought-after creative corridors. Surrounded by leading industry names including Amazon, Oracle, Red Bull, CBS, Sony, and Dick Clark Productions, the property enjoys unparalleled proximity to St. John's Medical Center, Parkside Medical, and the emerging Bergamot Station Arts Center redevelopment. Tenants and occupants benefit from immediate access to Santa Monica's premier lifestyle amenities, with Colorado Center Park and Schader Park moments away, and world-class dining, shopping, entertainment venues and the beautiful Santa Monica beach within minutes. Each of the three residences has been thoughtfully designed with a focus on flexibility and aesthetic appeal featuring hardwood floors, soaring ceilings, abundant natural light, exposed brick walls, central HVAC, private outdoor spaces, and secure off-street parking. The result is a rare live/work environment equally suited to creative professionals, medical and tech users, design firms, and boutique production companies.

1411 Cloverfield Blvd, Santa Monica

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

$2,895,000

2 Beds ⋅ 3 Baths ⋅ 25605237 MLS

New Pricing for an Incredible Property! We are pleased to present The Cloverfield Creative Residences, a boutique collection of three beautifully reimagined live/work units ideally positioned in the heart of Santa Monica's dynamic Media District. Located at 1411 Cloverfield Boulevard, the property offers an exceptional opportunity for both investors and owner-users seeking a flexible, high-design environment within one of the Westside's most sought-after creative corridors. Surrounded by leading industry names including Amazon, Oracle, Red Bull, CBS, Sony, and Dick Clark Productions, the property enjoys unparalleled proximity to St. John's Medical Center, Parkside Medical, and the emerging Bergamot Station Arts Center redevelopment. Tenants and occupants benefit from immediate access to Santa Monica's premier lifestyle amenities, with Colorado Center Park and Schader Park moments away, and world-class dining, shopping, entertainment venues and the beautiful Santa Monica beach within minutes. Each of the three residences has been thoughtfully designed with a focus on flexibility and aesthetic appeal featuring hardwood floors, soaring ceilings, abundant natural light, exposed brick walls, central HVAC, private outdoor spaces, and secure off-street parking. The result is a rare live/work environment equally suited to creative professionals, medical and tech users, design firms, and boutique production companies.

1411 Cloverfield Boulevard, Santa Monica

Listing courtesy of Listing Agent: Jonathan Taksa (jon@taksainvestment.com) from Listing Office: Remax Commercial and Investment Realty.

$19,750,000

44 Beds ⋅ 43 Baths ⋅ 25602635 MLS

NEW PRICING AS OF JUNE. AMAZING ASSUMABLE FINANCING. We are pleased to present 1115 14th Street, a premier 23-unit apartment building located in Santa Monica's coveted "North of Wilshire" neighborhood. Built in 1972, this exceptionally rare property stands out in a submarket where most multifamily assets consist of fewer than 10 units. Since 2019, ownership has invested over $3,300,000 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property's crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the SantaMonica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces well above local standards including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California's most supply-constrained and desirable rental markets.

1115 14th St, Santa Monica

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

$19,750,000

44 Beds ⋅ 43 Baths ⋅ 25602635 MLS

NEW PRICING AS OF JUNE. AMAZING ASSUMABLE FINANCING. We are pleased to present 1115 14th Street, a premier 23-unit apartment building located in Santa Monica's coveted "North of Wilshire" neighborhood. Built in 1972, this exceptionally rare property stands out in a submarket where most multifamily assets consist of fewer than 10 units. Since 2019, ownership has invested over $3,300,000 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property's crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the SantaMonica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces well above local standards including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California's most supply-constrained and desirable rental markets.

1115 14th Street, Santa Monica

Listing courtesy of Listing Agent: Jonathan Taksa (jon@taksainvestment.com) from Listing Office: Remax Commercial and Investment Realty.

$2,350,000

6 Beds ⋅ 6 Baths ⋅ 25575611 MLS

PRIVATE PROPERTY. TOURS BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. 522-532 Idaho Avenue is a six-unit multifamily property in Santa Monica's Wilshire-Montana neighborhood. It sits one block south of Montana Avenue and six blocks from Palisades Park and the beach. The location is highly walkable, and the building is simple to run, a good fit for private buyers who want an A+ location, steady income, and room to grow rents.

522 - 532 Idaho Ave, Santa Monica

Courtesy of CB Richard Ellis, Inc., James Keady - CA DRE#01943024

$2,350,000

6 Beds ⋅ 6 Baths ⋅ 25575611 MLS

PRIVATE PROPERTY. TOURS BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. 522-532 Idaho Avenue is a six-unit multifamily property in Santa Monica's Wilshire-Montana neighborhood. It sits one block south of Montana Avenue and six blocks from Palisades Park and the beach. The location is highly walkable, and the building is simple to run, a good fit for private buyers who want an A+ location, steady income, and room to grow rents.

522 - 532 Idaho Avenue, Santa Monica

Listing courtesy of Listing Agent: James Keady (James.Keady@cbre.com) from Listing Office: CB Richard Ellis, Inc..

$3,750,000

12 Beds ⋅ 19 Baths ⋅ 25547121 MLS

11-Unit Apartment for sale in desirable Santa Monica neighborhood! North of Santa Monica Blvd., across the street from the Santa Monica UCLA Hospital and related medical buildngs. Strong unit mix with market rents reported by owner. Pride of Ownership shows

1307 15th St, Santa Monica

Courtesy of Sullivan-Dituri Co.Realtors, William Dawson - CA DRE#01059814

$3,750,000

12 Beds ⋅ 19 Baths ⋅ 25547121 MLS

11-Unit Apartment for sale in desirable Santa Monica neighborhood! North of Santa Monica Blvd., across the street from the Santa Monica UCLA Hospital and related medical buildngs. Strong unit mix with market rents reported by owner. Pride of Ownership shows

1307 15th Street, Santa Monica

Listing courtesy of Listing Agent: William Dawson (bill@sdrsm.com) from Listing Office: Sullivan-Dituri Co.Realtors.

$1,795,000

9 Beds ⋅ 6 Baths ⋅ 25518647 MLS

TWO VACANT UNITS!! This incredible investment opportunity is close to Santa Monica College and located in the heart of Santa Monica just 13 blocks to the beach. There are two separate buildings - a two story 4 unit building (upper front 2 bedroom is vacant) in front with a brand new roof and yards and two side by side one story one bedroom cottages with private yards and a brand new roof (one is vacant) at the rear of the property. Off the alley there are 5 side by side open parking spaces. Stairs and deck inspections "passed" by the city of Santa Monica. New copper plumbing. New electrical panel and meters. Brand new roofs. This exciting opportunity sits on a large 7,517 square foot lot. *Inside with an accepted offer only*

1925 Euclid St, Santa Monica

Courtesy of Create, Stace Valnes - CA DRE#00989680

$1,795,000

9 Beds ⋅ 6 Baths ⋅ 25518647 MLS

TWO VACANT UNITS!! This incredible investment opportunity is close to Santa Monica College and located in the heart of Santa Monica just 13 blocks to the beach. There are two separate buildings - a two story 4 unit building (upper front 2 bedroom is vacant) in front with a brand new roof and yards and two side by side one story one bedroom cottages with private yards and a brand new roof (one is vacant) at the rear of the property. Off the alley there are 5 side by side open parking spaces. Stairs and deck inspections "passed" by the city of Santa Monica. New copper plumbing. New electrical panel and meters. Brand new roofs. This exciting opportunity sits on a large 7,517 square foot lot. *Inside with an accepted offer only*

1925 Euclid Street, Santa Monica

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

$4,125,000

18 Beds ⋅ 18 Baths ⋅ 25491077 MLS

We are pleased to offer for sale an incredible multifamily asset located at 854 9th Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1968, the building boasts an incredible unit mix consisting of all very large 2-bedroom and 1-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured entrance, ample on-site parking, as well as an on-site laundry facility. The unit mix includes (8) 2-bed, 2-bath units and (2) 1-bed, 1-bath units. Many of the interiors have been upgraded with hardwood flooring, stainless steel appliances, and granite countertops. Additionally, units feature charming built-ins and balconies. This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to Montana Avenue, downtown Santa Monica, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 854 9th Street gives buyers the unique opportunity to own a generational asset in one ofLA's most prized and coveted locations.

854 9th Street, Santa Monica

Listing courtesy of Listing Agent: Jonathan Taksa (jon@taksainvestment.com) from Listing Office: Remax Commercial and Investment Realty.

$2,175,100

RS24052918 MLS

Probate Sale – Court Confirmation Required Well-located 9-unit apartment building in the highly desirable Santa Monica market. Situated on a clean street surrounded by similar multifamily properties, this asset offers strong rental demand and long-term investment potential. Unit mix includes one (1) 3-bed/2-bath, one (1) 2-bed/1.5-bath, and seven (7) 1-bed/1-bath units. The property features three (3) front garage spaces and four (4) rear parking spaces. Approximately 13 blocks from the Santa Monica Pier and ocean, with close proximity to transportation, shopping, and dining. Value-add opportunity with four (4) units to be delivered vacant. Ideal for investors and 1031 exchange buyers seeking upside in a prime coastal location. Sale Details: Court confirmation required. Hearing date secured. Inspection: This inspection has been cancelled as of 3/31/26 Offers due: 4/6/26 at 11:59 PM Offers subject to interior inspection. New court appraisal completed (see private remarks). Offering Memorandum available in Supplements.

1547 Euclid Street, Santa Monica

Listing courtesy of Listing Agent: Michael Johnson (mjohnson@realtyexecutives.com) from Listing Office: Realty Executives All Cities.

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