Refine Search
Map
Sort by
$3,295,000
6 Beds ⋅ 5 Baths ⋅ 26875409 MLS
ALL UNITS CAN BE DELIVERED VACANT. An excellent investment opportunity of a single family house with 3 units in the back north of Wilshire. This unique beach-style compound is situated on an oversized lot and features a front house plus three additional units. The property features a classic, updated 1914 California bungalow as the front home, offering three bedrooms, two bathrooms, an office, a private backyard, and hardwood floors. It includes in-unit laundry and gated parking for up to four cars, making it ideal for an owner-user. The rear structure contains three one-bedroom, one-bathroom rental units, all of which will be delivered vacant. This provides immediate rental or repositioning potential. Additional amenities include private garages, storage units, and an on-site laundry room for supplemental income. Located in a highly walkable neighborhood just minutes from the beach, dining, and shopping, this property offers significant upside in one of the Westside's most desirable markets.

1124 12th Street, Santa Monica

Listing courtesy of Listing Agent: Michelle Kim (michellekimre@gmail.com) from Listing Office: The Hills Premier Realty.
$3,178,000
11 Beds ⋅ 8 Baths ⋅ 26875323 MLS
Welcome to 712 Pacific Street in Ocean Park. Built in 1987 and in excellent condition, this stunning property IS NOT SUBJECT TO SANTA MONICA RENT CONTROL! This well-maintained property offers a compelling combination of occupancy flexibility and investment appeal. All units have been recently remodeled and feature in-unit laundry, central HVAC, private balconies/patios, and convenient side-by-side gated parking. The highly desirable unit mix adds to the property's appeal, while one unit will be delivered vacant, creating the flexibility to owner-occupy or lease it at market rates. Significant capital improvements provide additional peace of mind, including a new flat roof installed in 2023, all-new HVAC systems in every unit installed in 2023/2024, all new windows in 2013, and the completion of all recommended SB 326 work in 2025. Close to hip and trendy shops, coffee, and eateries like Cobi's, Cedar One Coffee Bar, Local Kitchen + Wine Bar, Thyme Bakery, Bob's Market, and Trader Joe's. Also, not far from SMC, UCLA, LMU, and OTIS College of Design. And when it's time to trade the spreadsheets for some sunshine, the world-famous Strand bike path is just a short ride away. Invest confidently in the Ocean Park lifestyle with a 4-Unit property that feels as relaxed and effortlessly cool as the neighborhood itself. With its vibrant beach-town energy, cool ocean breezes, and coveted coastal marine layers, 712 Pacific Street offers an outstanding combination of lifestyle appeal, quality improvements, flexibility, and investment potential.

712 Pacific Street, Santa Monica

Listing courtesy of Listing Agent: Scott Price (scott.price@compass.com) from Listing Office: Compass.
$2,195,000
6 Beds ⋅ 5 Baths ⋅ 26874979 MLS
COMPLETELY VACANT TRIPLEX! HIGHLY MOTIVATED SELLERS!!! FLEXIBILITY ON PRICING!!! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.

1817 17th St, Santa Monica

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

$2,195,000
6 Beds ⋅ 5 Baths ⋅ 26874979 MLS
COMPLETELY VACANT TRIPLEX! HIGHLY MOTIVATED SELLERS!!! FLEXIBILITY ON PRICING!!! OPPORTUNITY KNOCKS!!! Exceptional investment opportunity (including a 1031-Exchange),in one of Santa Monica's most sought-after neighborhoods. This rare offering gives investors or owner-users the opportunity to immediately establish market rents without existing tenant restrictions. Situated on an expansive 7,763-square-foot lot, the property offers approximately 2,700 square feet of living space comprised of three well-designed units, each featuring two spacious bedrooms, two bathrooms, mini-split heating and air conditioning, and an in-unit washer and dryer.The oversized lot presents outstanding long-term upside with potential for future expansion or redevelopment (buyer to verify with the City of Santa Monica). Whether your strategy is to maximize rental income, reposition the asset, or explore future development opportunities, this property offers exceptional flexibility and value.Ideally located near Santa Monica College and just minutes from the Santa Monica Pier, Third Street Promenade, Santa Monica Place, Palisades Park, and Venice Beach, this prime Westside location offers strong tenant demand and enduring investment appeal. Opportunities to acquire a completely vacant triplex in such a premier location are exceptionally rare.

1817 17th Street, Santa Monica

Listing courtesy of Listing Agent: Hatim Zaki (HatimZaki.Realtor@gmail.com) from Listing Office: Nelson Shelton & Associates.
$7,650,000
24 Beds ⋅ 24 Baths ⋅ 26871967 MLS
We are proud to present 2727 3rd Street, a rare 22-unit multifamily offering situated in the heart of Santa Monica's sought-after Ocean Park neighborhood, just blocks from the celebrated dining and boutique retail of Main Street and less than half a mile from the sand and surf of Santa Monica State Beach. The property was built in 1969 and has been held by the original owners since. The two-story, courtyard-style building encompasses approximately 17,020 square feet of rentable space across 20 spacious one-bedroom/one-bathroom units and two generously sized two-bedroom/one-and-a-half-bathroom residences. Unit sizes are notably large for the submarket, with one-bedroom floor plans at 750 square feet and two-bedroom homes reaching 1,010 square feet offering tenants meaningful living space at a time when newer coastal product skews smaller. Select upper-floor units feature private balconies with ocean and neighborhood views, while ground-floor residences enjoy enclosed patios premium amenities that continue to command leasing velocity and resident loyalty in this supply-constrained corridor. The property is completed by 22 covered, gated parking spaces, where dedicated parking is highly valued. Organic income growth without the need for capital displacement or tenant buyouts. This embedded rent upside represents one of the most attractive features of the offering, with the potential to dramatically accelerate net operating income over a typical hold period. Equally compelling from a long-term ownership perspective: the property's 22 units. substantially exceed the approximately 12 units permitted under current SMOP2 zoning. This legal non-conforming density is grandfathered from the original 1969 construction and cannot be replicated under any current entitlement pathway making the existing improvements structurally more valuable than the land alone and creating a permanent competitive moat for the asset.

2727 3rd St, Santa Monica

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

$7,650,000
24 Beds ⋅ 24 Baths ⋅ 26871967 MLS
We are proud to present 2727 3rd Street, a rare 22-unit multifamily offering situated in the heart of Santa Monica's sought-after Ocean Park neighborhood, just blocks from the celebrated dining and boutique retail of Main Street and less than half a mile from the sand and surf of Santa Monica State Beach. The property was built in 1969 and has been held by the original owners since. The two-story, courtyard-style building encompasses approximately 17,020 square feet of rentable space across 20 spacious one-bedroom/one-bathroom units and two generously sized two-bedroom/one-and-a-half-bathroom residences. Unit sizes are notably large for the submarket, with one-bedroom floor plans at 750 square feet and two-bedroom homes reaching 1,010 square feet offering tenants meaningful living space at a time when newer coastal product skews smaller. Select upper-floor units feature private balconies with ocean and neighborhood views, while ground-floor residences enjoy enclosed patios premium amenities that continue to command leasing velocity and resident loyalty in this supply-constrained corridor. The property is completed by 22 covered, gated parking spaces, where dedicated parking is highly valued. Organic income growth without the need for capital displacement or tenant buyouts. This embedded rent upside represents one of the most attractive features of the offering, with the potential to dramatically accelerate net operating income over a typical hold period. Equally compelling from a long-term ownership perspective: the property's 22 units. substantially exceed the approximately 12 units permitted under current SMOP2 zoning. This legal non-conforming density is grandfathered from the original 1969 construction and cannot be replicated under any current entitlement pathway making the existing improvements structurally more valuable than the land alone and creating a permanent competitive moat for the asset.

2727 3rd Street, Santa Monica

Listing courtesy of Listing Agent: Filip Niculete (info@laaa.com) from Listing Office: Marcus & Millichap.
$3,200,000
12 Beds ⋅ 8 Baths ⋅ 26870527 MLS
See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.

2648 23rd St, Santa Monica

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

$3,200,000
12 Beds ⋅ 8 Baths ⋅ 26870527 MLS
See Documents for complete Offering Memorandum. Beautiful Mid Century Modern 8-unit multifamily property in Santa Monica's happening Sunset Park neighborhood on a large 9,283 square foot corner lot. Consists of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with six 1-car garages and one carport. Built in 1949, approximately 6,294 square feet of building area. Individually metered, installed gas shutoff valves, and does not require seismic retrofitting. Each unit has its own water heater, back door, generous floor plans, and ample closet space. Property improvements include a brand-new roof and gutters, copper plumbing, a waterproof deck over the garages, and beautifully designed landscaping with irrigation, timer, enclosed by a redwood perimeter fence with two gates. Seven of the eight units have been upgraded including SPC flooring, faux wood blinds, kitchen cabinets, new countertops, and gas stoves. Please OM for more details, information, and pictures.

2648 23rd Street, Santa Monica

Listing courtesy of Listing Agent: Francyne Lambert (francyne@lambertinc.com) from Listing Office: Lambert Investments, Inc..
$2,490,000
IV26173620 MLS
5-UNIT SANTA MONICA INVESTMENT OPPORTUNITY | SELLER FINANCING Investors take note! Here’s a fantastic opportunity to acquire a 5-unit multifamily property in a desirable section of Santa Monica. The property offers tenant mix of four 2-bedroom/1-bath units plus one studio, offering an attractive unit mix in a highly desirable rental market. The studio offers additional flexibility for investment or owner use and features an updated kitchen with new appliances. Existing rents provide potential for long-term income growth. Parking is available for four units. Parking is available for four units. Seller financing offered with a minimum 50% down payment. Terms and buyer qualifications subject to seller approval. Conveniently located near shopping, dining, employment centers, transportation, and the many amenities of Santa Monica and the Westside. An excellent opportunity for an investor seeking a Santa Monica multifamily asset with immediate income and future upside. ** Some photos staged for illustrative purposes**

1646 Berkeley, Santa Monica

Listing courtesy of Listing Agent: CLAUDIA CORONADO (claudia@cicproperties.net) from Listing Office: CIC PROPERTIES INC..
$1,750,000
6 Beds ⋅ 5 Baths ⋅ 26862243 MLS
AGENTS! VERY IMPORTANT. PLEASE READ AGENT PRIVATE REMARKS RE: SHOWING INSTRUCTIONS, AND DISCLOSURE. Newly only the market after 40 years! Well maintained HOME plus 3 units. Fabulous lush landscaping in front and middle yards with Avocado tree that bears tons of fruit. Primo location down the street from coveted Grant Elementary School.. Gated/ fenced side and back yards. Front house is a 2 bdr 2 bath- great floor plan with primary bedroom/ bathroom suite and large walk in closet. Ample sized guest bdr, central hall floor plan. Dining area adjacent to living room. Kitchen and baths are original but well maintained. Kitchen is all electric. Fireplace in living room is considered cosmetic, AS IS. Separate laundry room. (Washer/dryer belong to tenant). Unit A- Middle yard is 2 bdr 1 bath home with eat-in kitchen. Bedrooms have walk-in closets. Kitchen counters redone w/ custom tile. Unit B- 1 bdr 1 bath over garage with eat-in kitchen and walk-in closet. Unit C- 1 bdr 1 bath over garage kept vacant for new owner. Kitchen w/ eat-in area, has counters redone w/ custom tile. Bedroom has walk-in closet. All units have hardwood floors, with vinyl in kitchens and baths. Bathrooms have not been updated but have very cool mid century design ceramic tile. There is a separate laundry room in rear structure for the rear 3 units. Washer Dryer owned by building- not coin operated. There is also an enclosed storage area in rear building for owner. There are 5 enclosed garages. THREE garages are leased @ $275/ mo each. Front house and Unit A have a garage included in rent. Balcony in rear building has passed inspection. Most of the plumbing is copper. Soft Story work was completed on this property. New Circuit breaker boxes for all units. This building is a perfect opportunity- close proximity to Trader Joes, Whole Foods, Farmers Market, great cafes and restaurants, Santa Monica Schools, Santa Monica College, and easy access to freeways. See DOCS attached for Current Income and Expenses * as of 9/1/26, Detailed Description of each unit, Preliminary Title Report, Natural Hazards Disclosure, Balcony Inspection, and "Guidelines for Writing and Offer" * Insurance expense includes earthquake Insurance. Seller selects all services. RENTS LISTED ARE AS OF 9/1/2026. NO PHOTOS OR VIDEOS ALLOWED INSIDE UNITS.

2210 24th St, Santa Monica

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

$1,750,000
6 Beds ⋅ 5 Baths ⋅ 26862243 MLS
AGENTS! VERY IMPORTANT. PLEASE READ AGENT PRIVATE REMARKS RE: SHOWING INSTRUCTIONS, AND DISCLOSURE. Newly only the market after 40 years! Well maintained HOME plus 3 units. Fabulous lush landscaping in front and middle yards with Avocado tree that bears tons of fruit. Primo location down the street from coveted Grant Elementary School.. Gated/ fenced side and back yards. Front house is a 2 bdr 2 bath- great floor plan with primary bedroom/ bathroom suite and large walk in closet. Ample sized guest bdr, central hall floor plan. Dining area adjacent to living room. Kitchen and baths are original but well maintained. Kitchen is all electric. Fireplace in living room is considered cosmetic, AS IS. Separate laundry room. (Washer/dryer belong to tenant). Unit A- Middle yard is 2 bdr 1 bath home with eat-in kitchen. Bedrooms have walk-in closets. Kitchen counters redone w/ custom tile. Unit B- 1 bdr 1 bath over garage with eat-in kitchen and walk-in closet. Unit C- 1 bdr 1 bath over garage kept vacant for new owner. Kitchen w/ eat-in area, has counters redone w/ custom tile. Bedroom has walk-in closet. All units have hardwood floors, with vinyl in kitchens and baths. Bathrooms have not been updated but have very cool mid century design ceramic tile. There is a separate laundry room in rear structure for the rear 3 units. Washer Dryer owned by building- not coin operated. There is also an enclosed storage area in rear building for owner. There are 5 enclosed garages. THREE garages are leased @ $275/ mo each. Front house and Unit A have a garage included in rent. Balcony in rear building has passed inspection. Most of the plumbing is copper. Soft Story work was completed on this property. New Circuit breaker boxes for all units. This building is a perfect opportunity- close proximity to Trader Joes, Whole Foods, Farmers Market, great cafes and restaurants, Santa Monica Schools, Santa Monica College, and easy access to freeways. See DOCS attached for Current Income and Expenses * as of 9/1/26, Detailed Description of each unit, Preliminary Title Report, Natural Hazards Disclosure, Balcony Inspection, and "Guidelines for Writing and Offer" * Insurance expense includes earthquake Insurance. Seller selects all services. RENTS LISTED ARE AS OF 9/1/2026. NO PHOTOS OR VIDEOS ALLOWED INSIDE UNITS.

2210 24th Street, Santa Monica

Listing courtesy of Listing Agent: Gwen Tanguay (redwoodrealtymail@gmail.com) from Listing Office: Redwood Realty.
$2,695,000
1 Baths ⋅ 26868941 MLS
2803 Main Street presents a rare opportunity to acquire a prime commercial asset along one of Santa Monica's most desirable and high-traffic corridors. Situated in the heart of Ocean Park, the property benefits from exceptional visibility with 50 feet of frontage across two lots, strong pedestrian traffic, rare private parking lot with curb cut, and proximity to the beach, Rose Avenue, and Abbot Kinney Boulevard. This offering is ideally suited for an owner-user, long-term investor, or value-add buyer seeking a foothold in one of the most supply-constrained submarkets on the Westside. A Ready-To-Issue (RTI) renovation permit unlocks a compellingsecond-floor addition expanding leasable area from 1,920 SF to 3,363 SF with zero entitlement risk.

2803 Main St, Santa Monica

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

$2,695,000
1 Baths ⋅ 26868941 MLS
2803 Main Street presents a rare opportunity to acquire a prime commercial asset along one of Santa Monica's most desirable and high-traffic corridors. Situated in the heart of Ocean Park, the property benefits from exceptional visibility with 50 feet of frontage across two lots, strong pedestrian traffic, rare private parking lot with curb cut, and proximity to the beach, Rose Avenue, and Abbot Kinney Boulevard. This offering is ideally suited for an owner-user, long-term investor, or value-add buyer seeking a foothold in one of the most supply-constrained submarkets on the Westside. A Ready-To-Issue (RTI) renovation permit unlocks a compellingsecond-floor addition expanding leasable area from 1,920 SF to 3,363 SF with zero entitlement risk.

2803 Main Street, Santa Monica

Listing courtesy of Listing Agent: Jesse Weinberg (info@jesseweinberg.com) from Listing Office: Jesse Weinberg.
$2,495,000
7 Beds ⋅ 4 Baths ⋅ 26868435 MLS
Presenting a rare value-add development in the heart of Santa Monica! Delivered RTI, this property is fully approved for a thoughtfully designed 7-unit apartment complex. The existing site currently offers a charming courtyard arrangement of four bungalow-style residences one one-bedroom and three two-bedrooms surrounding a sun-filled garden. The approved plans reimagine the property with a tasteful renovation of the existing units into Class A Spanish-style bungalows, while adding three new residences: a duplex thoughtfully placed in the center courtyard and a studio ADU above the garage. The result is a boutique collection of seven residences blending historic charm with modern functionality. With stamped permits in hand and no delay in starting construction, this is a true plug-and-play opportunity to create one of the few new multifamily offerings in one of the strongest and most supply-constrained rental markets in Los Angeles. A turnkey investment opportunity in a premier coastal locationthis is not to be missed!

914 18th St, Santa Monica

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

$2,495,000
7 Beds ⋅ 4 Baths ⋅ 26868435 MLS
Presenting a rare value-add development in the heart of Santa Monica! Delivered RTI, this property is fully approved for a thoughtfully designed 7-unit apartment complex. The existing site currently offers a charming courtyard arrangement of four bungalow-style residences one one-bedroom and three two-bedrooms surrounding a sun-filled garden. The approved plans reimagine the property with a tasteful renovation of the existing units into Class A Spanish-style bungalows, while adding three new residences: a duplex thoughtfully placed in the center courtyard and a studio ADU above the garage. The result is a boutique collection of seven residences blending historic charm with modern functionality. With stamped permits in hand and no delay in starting construction, this is a true plug-and-play opportunity to create one of the few new multifamily offerings in one of the strongest and most supply-constrained rental markets in Los Angeles. A turnkey investment opportunity in a premier coastal locationthis is not to be missed!

914 18th Street, Santa Monica

Listing courtesy of Listing Agent: Jimmy Heckenberg (JimmyHeck@HRGestates.com) from Listing Office: Rodeo Realty.
$2,400,000
4 Beds ⋅ 3 Baths ⋅ 26866343 MLS
Unlock the potential of this vacant Sunset Park duplex. Located on a beautiful tree-lined street, this rare offering provides flexibility for investors, developers, or owner-users. The property sits on a large lot and is hidden behind a private gate and fence with lush landscaping throughout the grounds. Maximize income at this trendy Sunset Park duplex featuring indoor/outdoor living at its best. The front 2 bedroom, 2 bath unit has a generous private front yard and porch for enjoying ocean breezes and relaxing evenings. The back 2 bedroom, 1 bath unit also has its own private and spacious outdoor area with a spa tub. The property has a two car garage with plenty of additional street parking available in the neighborhood. The RTI ADU plans call for two, 2 bedroom, 2 bath units each about 983 sf. Investors will appreciate the additional income generated turning this to a 4 unit property. The property's location is central to the Westside with easy and quick access to Santa Monica beaches, world-class dining and shopping, fantastic parks and lively entertainment. Residents move here for the highly desirable Santa Monica school district. Whether you're looking to live in one unit while generating income or to develop the ADU's to maximize the property's return, this rare opportunity will not last long.

2310 Oak St, Santa Monica

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

$2,400,000
4 Beds ⋅ 3 Baths ⋅ 26866343 MLS
Unlock the potential of this vacant Sunset Park duplex. Located on a beautiful tree-lined street, this rare offering provides flexibility for investors, developers, or owner-users. The property sits on a large lot and is hidden behind a private gate and fence with lush landscaping throughout the grounds. Maximize income at this trendy Sunset Park duplex featuring indoor/outdoor living at its best. The front 2 bedroom, 2 bath unit has a generous private front yard and porch for enjoying ocean breezes and relaxing evenings. The back 2 bedroom, 1 bath unit also has its own private and spacious outdoor area with a spa tub. The property has a two car garage with plenty of additional street parking available in the neighborhood. The RTI ADU plans call for two, 2 bedroom, 2 bath units each about 983 sf. Investors will appreciate the additional income generated turning this to a 4 unit property. The property's location is central to the Westside with easy and quick access to Santa Monica beaches, world-class dining and shopping, fantastic parks and lively entertainment. Residents move here for the highly desirable Santa Monica school district. Whether you're looking to live in one unit while generating income or to develop the ADU's to maximize the property's return, this rare opportunity will not last long.

2310 Oak Street, Santa Monica

Listing courtesy of Listing Agent: Consuela Kielbowicz (consuela@delreyurban.com) from Listing Office: Del Rey Urban Brokerage Inc.
$3,350,000
OC26166078 MLS
Historical Spanish style property close to shopping, transportation, SOFI Stadium, hospitals, including Santa Monica UCLA Hospital and other medical buildings, West Los Angeles VA Medical Center, and others. The apartments are very spacious and with high ceilings, with a lot of natural light that flows throughout, and they have nice details from the 1930s era! In the back of the property are 5 carport spaces with storage cabinets. Upon doing some upgrades, this huge property has an approximate cap rate of 5.2%.

1118 15th St., Santa Monica

Listing courtesy of Listing Agent: Celia Gonzalez (celiagonzalez1@yahoo.com) from Listing Office: Coldwell Banker Envision.
$1,995,000
4 Beds ⋅ 3 Baths ⋅ 26861973 MLS
Trophy Owner/User in beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st, Santa Monica and the Beach. All units delivered vacant perfect for those seeking a SFR plus guest house or office. Income of $130,800 yearly and now at a 4.85 cap rate. This triplex offers a front 2 bedroom/ 1 bath house delivered vacant with large private garden in the front for entertaining. Hard wood floors, new quartz counters, a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Upside in market rents to a $130,800 per year and amazing owner/user with all units delivered vacant.

828 Hill St, Santa Monica

Courtesy of Compass, James Allan - CA DRE#01180635

$1,995,000
4 Beds ⋅ 3 Baths ⋅ 26861973 MLS
Trophy Owner/User in beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st, Santa Monica and the Beach. All units delivered vacant perfect for those seeking a SFR plus guest house or office. Income of $130,800 yearly and now at a 4.85 cap rate. This triplex offers a front 2 bedroom/ 1 bath house delivered vacant with large private garden in the front for entertaining. Hard wood floors, new quartz counters, a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Upside in market rents to a $130,800 per year and amazing owner/user with all units delivered vacant.

828 Hill Street, Santa Monica

Listing courtesy of Listing Agent: James Allan (james.allan@compass.com) from Listing Office: Compass.
$2,195,000
4 Beds ⋅ 3 Baths ⋅ 26856529 MLS
Discover a hidden gem in the heart of Santa Monica's vibrant Broadway Arts District! This charming Spanish-style triplex is full of character and opportunity, just moments from studios, art centers, the Santa Monica Co-Op, Metro Rail, and some of the city's best local events. The property features three completely separate homes, offering the perfect blend of privacy and flexibility. The beautifully remodeled front home is vacant and ready for its next owner, complete with a lush, private front yard and a spacious rear courtyard that's ideal for relaxing, entertaining, or enjoying time with neighbors and friends. With the two rear homes already generating approximately $60,000 in annual income not including the vacant main home this is an incredible opportunity for an owner-occupant or savvy investor. Plus, two of the three homes include in-unit laundry for added convenience. Whether you're looking to live in one home while earning rental income or expand your investment portfolio, this one-of-a-kind property checks all the boxes. Don't miss your chance to own a slice of Santa Monica charm!

1434 24th St, Santa Monica

Courtesy of Create, Stace Valnes - CA DRE#00989680

$2,195,000
4 Beds ⋅ 3 Baths ⋅ 26856529 MLS
Discover a hidden gem in the heart of Santa Monica's vibrant Broadway Arts District! This charming Spanish-style triplex is full of character and opportunity, just moments from studios, art centers, the Santa Monica Co-Op, Metro Rail, and some of the city's best local events. The property features three completely separate homes, offering the perfect blend of privacy and flexibility. The beautifully remodeled front home is vacant and ready for its next owner, complete with a lush, private front yard and a spacious rear courtyard that's ideal for relaxing, entertaining, or enjoying time with neighbors and friends. With the two rear homes already generating approximately $60,000 in annual income not including the vacant main home this is an incredible opportunity for an owner-occupant or savvy investor. Plus, two of the three homes include in-unit laundry for added convenience. Whether you're looking to live in one home while earning rental income or expand your investment portfolio, this one-of-a-kind property checks all the boxes. Don't miss your chance to own a slice of Santa Monica charm!

1434 24th Street, Santa Monica

Listing courtesy of Listing Agent: Stace Valnes (stace@cr8re.com) from Listing Office: Create.
$3,475,000
7 Beds ⋅ 7 Baths ⋅ 26863959 MLS
Front unit is vacant and can be viewed anytime. 914 20th Street presents a rare opportunity to acquire a charming six-unit bungalow-style apartment complex in one of Santa Monica's most desirable North of Wilshire locations, less than 1.25 blocks from Montana Avenue. The property features an excellent unit mix consisting of five 1-bedroom / 1-bath cottage-style units and one 2-bedroom / 2-bath unit located above the garages. Each 1-bedroom bungalow offers two private enclosed patios, creating exceptional indoor-outdoor living rarely found in multifamily properties. There are no upstairs or downstairs neighbors for any of the units. All units have hardwood floors throughout, in-unit washer and dryer, and open kitchens equipped with refrigerator, range, and dishwasher. The interiors are well-maintained and highly appealing to quality tenants seeking private outdoor space. The property includes five (5) on-site garage parking spaces (two private single-car garages plus a secured community garage for three cars), gated access, and EQ retrofit work completed for the parking structure. Newer roof (2018) and electrical (2023). The building is surrounded by mature landscaping and offers excellent privacy from neighboring properties. Situated on an approximately 8,003 square foot lot in an unmatched location. Just minutes from Montana Avenue shops and restaurants, the Brentwood Farmers Market, Third Street Promenade, and the beach. Located within the Franklin Elementary School district. A truly rare investment opportunity offering bungalow-style living, private outdoor space, parking, and upside potential in one of Santa Monica's premier neighborhoods. The monetary figures in the listings are estimates; Buyer to perform own due diligence.

914 20th St, Santa Monica

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

$3,475,000
7 Beds ⋅ 7 Baths ⋅ 26863959 MLS
Front unit is vacant and can be viewed anytime. 914 20th Street presents a rare opportunity to acquire a charming six-unit bungalow-style apartment complex in one of Santa Monica's most desirable North of Wilshire locations, less than 1.25 blocks from Montana Avenue. The property features an excellent unit mix consisting of five 1-bedroom / 1-bath cottage-style units and one 2-bedroom / 2-bath unit located above the garages. Each 1-bedroom bungalow offers two private enclosed patios, creating exceptional indoor-outdoor living rarely found in multifamily properties. There are no upstairs or downstairs neighbors for any of the units. All units have hardwood floors throughout, in-unit washer and dryer, and open kitchens equipped with refrigerator, range, and dishwasher. The interiors are well-maintained and highly appealing to quality tenants seeking private outdoor space. The property includes five (5) on-site garage parking spaces (two private single-car garages plus a secured community garage for three cars), gated access, and EQ retrofit work completed for the parking structure. Newer roof (2018) and electrical (2023). The building is surrounded by mature landscaping and offers excellent privacy from neighboring properties. Situated on an approximately 8,003 square foot lot in an unmatched location. Just minutes from Montana Avenue shops and restaurants, the Brentwood Farmers Market, Third Street Promenade, and the beach. Located within the Franklin Elementary School district. A truly rare investment opportunity offering bungalow-style living, private outdoor space, parking, and upside potential in one of Santa Monica's premier neighborhoods. The monetary figures in the listings are estimates; Buyer to perform own due diligence.

914 20th 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

Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.