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$1,875,000
5 Beds ⋅ 4 Baths ⋅ 26836129 MLS
Price Reduced! Attractively Priced at $1.875 Million. Fantastic Owner-User Opportunity! Charming fully renovated house in front with a triplex in rear on quiet cul-de-sac. Turnkey: House and two out of three apartments fully renovated. 3 garages plus one additional parking space. Prime Santa Monica Location: Minutes to Downtown Santa Monica and Third Street Promenade. "Walker's Paradise" Location (94 Walk Score): Walk to CVS, Starbucks, Jamba Juice, Providence Saint John's Health Center, Trader Joe's, and a variety of restaurants *Excellent Proximity to Employment: Tech firms, medical, education. Coveted Santa Monica School District with Highly Rated Schools: One block to McKinley Elementary School (A, niche.com). Convenient Access to Transportation: Five minutes to the 26th Street/Bergamot Metro Expo "E" Line station, as well as the 10 Freeway. Tremendous Area Demographics: Average household income over $210K and average housing value over $2.13M within a three-mile radius. See Agent Remarks for property website link

2440 Chelsea Pl, Santa Monica

Courtesy of Berkadia, Adrienne Barr - CA DRE#01308753

$1,875,000
5 Beds ⋅ 4 Baths ⋅ 26836129 MLS
Price Reduced! Attractively Priced at $1.875 Million. Fantastic Owner-User Opportunity! Charming fully renovated house in front with a triplex in rear on quiet cul-de-sac. Turnkey: House and two out of three apartments fully renovated. 3 garages plus one additional parking space. Prime Santa Monica Location: Minutes to Downtown Santa Monica and Third Street Promenade. "Walker's Paradise" Location (94 Walk Score): Walk to CVS, Starbucks, Jamba Juice, Providence Saint John's Health Center, Trader Joe's, and a variety of restaurants *Excellent Proximity to Employment: Tech firms, medical, education. Coveted Santa Monica School District with Highly Rated Schools: One block to McKinley Elementary School (A, niche.com). Convenient Access to Transportation: Five minutes to the 26th Street/Bergamot Metro Expo "E" Line station, as well as the 10 Freeway. Tremendous Area Demographics: Average household income over $210K and average housing value over $2.13M within a three-mile radius. See Agent Remarks for property website link

2440 Chelsea Place, Santa Monica

Listing courtesy of Listing Agent: (adrienne.barr@berkadia.com) from Listing Office: Berkadia.
$2,550,000
13 Beds ⋅ 8 Baths ⋅ 26834663 MLS
A well-maintained 8-unit apartment community ideally located in one of Santa Monica's most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California. Situated on a 7,492 square foot lot, the property totals 6,366 square feet of gross building area, averaging 796 square feet per unit across a single building. The asset features a diverse unit mix of one (1) studio, one (1) one bedroom, one bath unit, and six (6) two-bedroom, one bath units

1127 5th St, Santa Monica

Courtesy of CBRE, John Boyett - CA DRE#02056759

$2,550,000
13 Beds ⋅ 8 Baths ⋅ 26834663 MLS
A well-maintained 8-unit apartment community ideally located in one of Santa Monica's most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California. Situated on a 7,492 square foot lot, the property totals 6,366 square feet of gross building area, averaging 796 square feet per unit across a single building. The asset features a diverse unit mix of one (1) studio, one (1) one bedroom, one bath unit, and six (6) two-bedroom, one bath units

1127 5th Street, Santa Monica

Listing courtesy of Listing Agent: John Boyett (John.Boyett@cbre.com) from Listing Office: CBRE.
$2,599,000
4 Beds ⋅ 3 Baths ⋅ 26833885 MLS
OPPORTUNITY KNOCKS!!! Turn-Key investment opportunity!!! A rare gem in one of Southern California's most sought-after coastal communities, this beautifully maintained and extensively upgraded triplex presents an exceptional investment and owner-user opportunity just minutes from the beach. Ideally situated near Santa Monica College and approximately two miles from Santa Monica Pier, Palisades Park, Third Street Promenade, Venice Beach, and Santa Monica Place, this unique property features a charming front duplex built in 1936 (Units A & B) and a spacious detached rear owner's residence added in 1956 (Unit C), all situated on an expansive 7,187 SqFt lot. Each unit has been thoughtfully maintained and upgraded with hardwood flooring, copper plumbing, underground utilities, individual washers and dryers, separate front and side entrances, and key-lock security gates. A large shared patio between Units B and C provides an inviting outdoor space perfect for entertaining or relaxing. Unit A offers a one-bedroom, one-bath layout with dining area, laundry room, vinyl windows, gas range, parking for two vehicles, and a private enclosed garage/storage space. Unit B features two bedrooms, one bathroom, dining area, laundry room, gas range, vinyl windows, driveway parking for up to three vehicles, and an enclosed garage/storage. Unit C boasts a spacious living room, large bedroom, full bathroom, mud room with garage access, an updated kitchen, new washer and dryer, dishwasher, alley-access parking for three vehicles, and an enclosed garage equipped with an electric door and EV charger. Recent major capital improvements include a new roof with gutters and downspouts, new garage doors, new HVAC systems with heating and cooling in all units, all new tankless water heaters, upgraded electrical panel with sub-panel, new gas safety shut-off valves, sewer line, remodeled bathrooms in Units A and B, a complete remodel of Unit C including flooring, doors, windows, kitchen cabinetry and appliances, bathroom, laundry room, and garage upgrades. A truly one-of-a-kind coastal income property offering pride of ownership, strong rental appeal, and an unbeatable location.

2252 20th St, Santa Monica

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

$2,599,000
4 Beds ⋅ 3 Baths ⋅ 26833885 MLS
OPPORTUNITY KNOCKS!!! Turn-Key investment opportunity!!! A rare gem in one of Southern California's most sought-after coastal communities, this beautifully maintained and extensively upgraded triplex presents an exceptional investment and owner-user opportunity just minutes from the beach. Ideally situated near Santa Monica College and approximately two miles from Santa Monica Pier, Palisades Park, Third Street Promenade, Venice Beach, and Santa Monica Place, this unique property features a charming front duplex built in 1936 (Units A & B) and a spacious detached rear owner's residence added in 1956 (Unit C), all situated on an expansive 7,187 SqFt lot. Each unit has been thoughtfully maintained and upgraded with hardwood flooring, copper plumbing, underground utilities, individual washers and dryers, separate front and side entrances, and key-lock security gates. A large shared patio between Units B and C provides an inviting outdoor space perfect for entertaining or relaxing. Unit A offers a one-bedroom, one-bath layout with dining area, laundry room, vinyl windows, gas range, parking for two vehicles, and a private enclosed garage/storage space. Unit B features two bedrooms, one bathroom, dining area, laundry room, gas range, vinyl windows, driveway parking for up to three vehicles, and an enclosed garage/storage. Unit C boasts a spacious living room, large bedroom, full bathroom, mud room with garage access, an updated kitchen, new washer and dryer, dishwasher, alley-access parking for three vehicles, and an enclosed garage equipped with an electric door and EV charger. Recent major capital improvements include a new roof with gutters and downspouts, new garage doors, new HVAC systems with heating and cooling in all units, all new tankless water heaters, upgraded electrical panel with sub-panel, new gas safety shut-off valves, sewer line, remodeled bathrooms in Units A and B, a complete remodel of Unit C including flooring, doors, windows, kitchen cabinetry and appliances, bathroom, laundry room, and garage upgrades. A truly one-of-a-kind coastal income property offering pride of ownership, strong rental appeal, and an unbeatable location.

2252 20th Street, Santa Monica

Listing courtesy of Listing Agent: Hatim Zaki (HatimZaki.Realtor@gmail.com) from Listing Office: Nelson Shelton & Associates.
$2,695,000
8 Beds ⋅ 6 Baths ⋅ 26828737 MLS
Charming 6-unit property with expansive grounds and 5 one car garages. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for a savvy investor to step in and maximize returns. One 1/1 bedroom Unit will be delivered VACANT along with 4 out of the 5 garages. There is a tremendous value and upside to this spectacular property.

947 17th St, Santa Monica

Courtesy of Compass, Esther Hickman - CA DRE#01993403

$2,695,000
8 Beds ⋅ 6 Baths ⋅ 26828737 MLS
Charming 6-unit property with expansive grounds and 5 one car garages. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for a savvy investor to step in and maximize returns. One 1/1 bedroom Unit will be delivered VACANT along with 4 out of the 5 garages. There is a tremendous value and upside to this spectacular property.

947 17th Street, Santa Monica

Listing courtesy of Listing Agent: Esther Hickman (esther.hickman@compass.com) from Listing Office: Compass.
$4,995,000
10 Beds ⋅ 10 Baths ⋅ 26828629 MLS
One-of-a-kind mixed-use compound in the heart of Santa Monica. 4-unit freestanding asset, fully redeveloped in 2019. 1447 11th Street offers turnkey live/work flexibility for both owner-users and investors. Multi-use zoning allows for a variety of configurations, including owner occupancy with supplemental income or business use in additional units.Each residence is designed as an individual townhouse, complete with private laundry, covered parking, and integrated smart home systems with secure access.Steps to brand new Equinox, and surrounded by some of the neighborhood's best dining, bars, and amenities. Buyer to verify uses.

1447 11th St, Santa Monica

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

$3,500,000
13 Beds ⋅ 10 Baths ⋅ 26828455 MLS
We are pleased to offer the opportunity to acquire 1323 11th Street, a 10-unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7,483 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliancesincluding dishwasher, stove/oven, and farmhouse-style sinkand open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.The two remaining legacy 1Bdr/1Bath units average $1,578/month against a market rent of $2,495, representing a $918 per-unit gap that offers meaningful upside through unit turnover and renovation.1323 11th Street provides investors a rare buying opportunity that delivers an immediate healthy income stream, with remaining rental upside in a prime coastal market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

1323 11th St, Santa Monica

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

$4,995,000
10 Beds ⋅ 10 Baths ⋅ 26828629 MLS
One-of-a-kind mixed-use compound in the heart of Santa Monica. 4-unit freestanding asset, fully redeveloped in 2019. 1447 11th Street offers turnkey live/work flexibility for both owner-users and investors. Multi-use zoning allows for a variety of configurations, including owner occupancy with supplemental income or business use in additional units.Each residence is designed as an individual townhouse, complete with private laundry, covered parking, and integrated smart home systems with secure access.Steps to brand new Equinox, and surrounded by some of the neighborhood's best dining, bars, and amenities. Buyer to verify uses.

1447 11th Street, Santa Monica

Listing courtesy of Listing Agent: Jacob Zacuto (jake@zacutogroup.com) from Listing Office: Zacuto Group.
$3,500,000
13 Beds ⋅ 10 Baths ⋅ 26828455 MLS
We are pleased to offer the opportunity to acquire 1323 11th Street, a 10-unit partially renovated apartment community located in Santa Monica. Situated between Santa Monica Boulevard and Wilshire Boulevard, the subject property is located within walking distance to the 3rd Street Promenade and provides easy access to everyday amenities.Situated on a 7,483 square foot lot, the property consists of a single building with seven one-bedroom units and three two-bedroom units. Current ownership has extensively renovated 80% of the units, featuring new flooring throughout, modern kitchens with quartz countertops, stainless steel appliancesincluding dishwasher, stove/oven, and farmhouse-style sinkand open-concept dining and living areas. Renovated units also include updated bathrooms, contemporary vanities, spacious closets, and ample cabinet space.The two remaining legacy 1Bdr/1Bath units average $1,578/month against a market rent of $2,495, representing a $918 per-unit gap that offers meaningful upside through unit turnover and renovation.1323 11th Street provides investors a rare buying opportunity that delivers an immediate healthy income stream, with remaining rental upside in a prime coastal market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

1323 11th Street, Santa Monica

Listing courtesy of Listing Agent: Sean Rosenzweig (thesrgroup@marcusmillichap.com) from Listing Office: Marcus & Millichap.
$4,750,000
PW26075107 MLS
2626 Cloverfield Boulevard is a renovated 12-unit apartment building in the world-renowned coastal market of Santa Monica, California. This offering represents an exciting opportunity to acquire a turnkey asset with remodeled interiors, strong in-place income, and immediate upside potential. Originally constructed in 1966, the property consists of eleven one-bedroom units and one studio, all of which have undergone comprehensive interior renovations. Unit upgrades include new flooring, modernized kitchens with updated cabinetry and appliances, in-unit washer/dryer combinations, contemporary bathrooms, and air conditioning in select units. The building is separately metered for gas and electricity. Exterior improvements include fresh paint, vibrant unit entries, and low-maintenance landscaping featuring turf, contributing to both curb appeal and reduced ongoing costs. The asset also offers six surface parking spaces. Positioned at the corner of Ocean Park Boulevard and Cloverfield Boulevard, the property benefits from exceptional proximity to Santa Monica’s most sought-after amenities. Santa Monica College is located just a half-mile away, while the beach and the vibrant dining and shopping corridor along Main Street are less than two miles. The iconic Santa Monica Pier and Third Street Promenade are accessible within a 10-minute drive. This prime coastal location continues to attract a strong tenant base, supported by an average household income exceeding $148,000 within a one-mile radius. 2626 Cloverfield Boulevard offers investors the ability to acquire a well-located, fully renovated asset with durable tenant demand, operational efficiencies, and clear near-term income growth in one of Southern California’s most supply-constrained and resilient rental markets.

2626 Cloverfield, Santa Monica

Listing courtesy of Listing Agent: Steven Bogoyevac (steve.bogoyevac@marcusmillichap.com) from Listing Office: Steven M. Bogoyevac, Broker.
$1,849,000
SR26068002 MLS
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

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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.