COURT ORDERED RECEIVERSHIP SALE On behalf of Douglas P. Wilson, Court Appointed Receiver, CBRE is pleased to exclusively present Ocean Santa Monica Apartments, a generational opportunity to acquire a coastal bluff asset along one of the most tightly held stretches of Ocean Avenue in Santa Monica. Positioned between Montana Avenue and Wilshire Boulevard, 901 Ocean Avenue commands sweeping Pacific Ocean and Santa Monica Mountain views from the majority of the units, with all west-facing residences enjoying full, unobstructed ocean exposure and numerous additional units capturing direct water views. Ocean Avenue north of Wilshire is defined by long-term ownership and limited multifamily inventory. Apartment assets along this corridor rarely trade, reinforcing the enduring scarcity of the location. Situated on an expansive 15,011 square foot double lot and encompassing approximately 30,954 square feet of improvements, the scale, frontage, and bluff-top positioning create a coastal offering that is increasingly difficult to replicate under today's regulatory and development constraints. Originally constructed in 1961 and 1970 and comprehensively renovated in 2015, 2021, and 2022, the 28-unit property features 18 one-bedroom/one-bathroom units and 10 two-bedroom/two-bathroom units. The residences are notably spacious relative to newer coastal product, allowing flexibility for continued interior enhancement at a higher finish level. Most units offer ocean views, and most residences include more than one private balcony, providing meaningful outdoor space that is highly valued by Santa Monica renters. The building has been carefully maintained, including updated electrical systems and copper plumbing. Common area laundry rooms are located on each floor and are currently not operated for additional income. One unit is equipped with in-unit laundry, and a future owner may consider a coordinated upgrade program incorporating in-unit washer and dryer installations alongside further interior refinements to strengthen positioning within the submarket. The property is supported by controlled access entry, gated garage parking with 33 spaces, a rooftop ocean-view deck, pool and common gathering areas, elevator service, and a glass-enclosed entry sitting room that creates a strong first impression upon arrival. These features, combined with the property's scale and ocean frontage, support durable tenant demand and long-term stability.
Premier multifamily investment opportunity located in the highly sought-after city of Santa Monica, one of Southern California’s most stable and supply-constrained rental markets. The property is ideally positioned in a desirable residential neighborhood, just moments from Montana Avenue, Downtown Santa Monica, and Santa Monica Beach, offering exceptional proximity to employment centers, retail, dining, and lifestyle amenities. Santa Monica continues to demonstrate strong rental demand driven by its coastal location, affluent demographics, limited new housing development, and historically low vacancy rates. These market fundamentals provide investors with durable income stability, long-term appreciation potential, and a defensive investment profile. The property offers an attractive opportunity for both current income and future value enhancement, supported by consistent tenant demand and the long-term strength of the Santa Monica multifamily market. This asset is well-suited for investors seeking a high-quality coastal holding in a premier West Los Angeles submarket.
-- Unit #1 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 (5) 1-bedroom / 1-bath cottage-style units and one (1) 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. 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.
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, along with 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 accommodates 4-car garages, an additional 1 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, two-car garages occupied by the owner 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?
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.
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!
Exceptional six-unit investment opportunity in a prime Santa Monica location, just moments from Santa Monica College. This well-positioned multifamily property features six spacious 1-bedroom, 1-bathroom units, offering strong rental appeal in one of the Westside's most desirable and supply-constrained rental markets.With two vacant units, investors benefit from immediate upside potential through lease-up at market rents or the flexibility for an owner-user strategy. The property currently generates $179,604 in gross annual income, reflecting a 13.64 GRM and a 5% cap rate making it a compelling addition to any multifamily portfolio.Value-add opportunity: The rear storage area and existing garages present excellent potential for ADU conversion (buyer to verify), creating a meaningful opportunity to increase unit count and substantially enhance long-term cash flow and asset value.Tenants enjoy close proximity to world-class beaches, premier shopping and dining, and convenient access to major employment hubs throughout the Westside and Greater Los Angeles area. This is a rare opportunity to acquire a stable coastal asset with built-in upside in one of Southern California's most sought-after communities.
An excellent investment opportunity 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.
Exceptional opportunity in a prime Venice location, situated just seconds from Rose Avenue, Ocean Park, and Abbot Kinney, this vacant freestanding two story office building spans approximately 3,295 square feet on a 4,356 square foot lot with 10 dedicated on site parking spaces and is zoned SMC4, making it ideal for creative office, wellness, or multi use development. Perfectly positioned where Santa Monica meets Venice, the building sits just off the highly traveled corner of Rose and Lincoln and directly across from Starbucks, ensuring constant visibility and steady foot and car traffic. Surrounded by some of the area's most recognized destinations including Whole Foods, Tartine Bakery, and CAMP Yoga, the neighborhood draws a strong mix of locals, creatives, and wellness focused professionals. Originally constructed in 1962, the property has undergone numerous upgrades over the years, including a brand new roof, and offers a highly functional floor plan filled with natural light. The interior currently functions as a flexible shell, allowing for easy reconfiguration to suit a wide range of business or investment strategies. The layout supports a single user headquarters or a multi tenant configuration, ideal for creative offices, boutique fitness or wellness studios, medical or therapy practices, or live work concepts. Ten on site parking spaces behind the building provide rare convenience in this high traffic area. Zoned SMC4 Highway Commercial District, nearly all business types are permitted, including retail, office, medical, fitness, and potential multifamily or apartment redevelopment, buyer to verify. Just minutes from Ocean Park, Abbot Kinney, Venice, Mar Vista, and the beach, with easy access to major commuter routes and nearby hubs such as Santa Monica Airport, West Hollywood, Mid Wilshire, Sunset Strip, and Hollywood, this location truly sits at the intersection of culture, commerce, and long term growth.
827 12th St. sits at the intersection of Montana Ave walkability, coastal proximity, and easy access to Downtown Santa Monica. This combination defines one of the Westside's most coveted residential pockets. Located just 1/2 block south of Montana Ave, and 1 mile from the beach and Downtown Santa Monica; the property offers a setting where tenant appeal is shaped by everyday convenience, established neighborhood character, and proximity to the coast, rather than short-term trends. The building is a well-maintained Spanish-style property that reflects the architectural character long associated with this stretch of Santa Monica. Stucco exteriors, clay tile roofing, and original detailing are complemented by mature landscaping and a thoughtfully designed central courtyard. Outdoor seating areas, greenery, and soft pathways create a sense of privacy and calm that feels residential rather than institutional, while still placing residents steps from one of the city's most active commercial corridors. The property comprises (6) total units, including (4) spacious 2-bdrm/2-bath units and (2) 1-bdrm units. units. The 2-bdrm. units average 1,350 SF, while the 1-bdrm. units average 525 SF. Together, the unit mix supports a range of tenant profiles, from long-term residents to professionals seeking proximity to Montana Ave, the coast, and Downtown SM. Select interiors have been renovated and are well maintained, featuring wood flooring, quartz countertops, stainless steel appliances, and updated cabinetry and tilework. Layouts are bright and airy, with generous living areas and ample natural light that reinforce the property's residential feel. The combination of classic architecture and modernized interiors aligns well with the expectations of Santa Monica's high-income renter base, where pride of residence and neighborhood connection matter. Additional amenities include (5) private 1-car garages, a meaningful feature in a neighborhood where parking is both limited and highly valued. The garages, paired with the courtyard layout and landscaping, further differentiate the property from more condensed apartment products in the area. Positioned steps from Montana Ave. 's boutiques, cafes, restaurants, and wellness destinations, and within close reach of the beach and Downtown Santa Monica, 827 12th St. offers a rare blend of location, scale, and character. The property represents a turnkey opportunity in one of the Westside's most established neighborhoods, where well-located, well-maintained assets remain tightly held and consistently sought after.
This exceptionally charming 5-unit residential 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. Centrally located near transportation, schools, shopping, parks, and the best Santa Monica has to offer. The current tenants are professionals and the units are well maintained. This a fantastic opportunity for investors seeking a steady cash flow in a thriving market. There is an excellent property management company in place.
We are thrilled to offer an exclusive opportunity to acquire 802 Ozone Street, a thoughtfully designed 4-Unit apartment building exceptionally located within the Ocean Park submarket of Santa Monica. The building offers a rare unit mix consisting of (1) Large 4-Bedroom 2.5-Bathroom unit, (1) 3-Bedroom 2-Bathroom unit, and (2) 1-Bedroom 1-Bathroom units. Not only does the opportunity provide a favorable unit mix, but it could also be delivered with the 3-bedroom 2-bathroom unit vacant or occupied depending on buyer's preference! Nestled west of Lincoln Boulevard and north of Rose Avenue, this prime location offers unparalleled access to Venice Beach, Penmar Golf Course, Abbot Kinney Blvd, and Main Street. Tenants of 802Ozone Street will have no shortage of things to do, with vibrant nightlife, fine dining establishments, daily essentials, and an abundant amount of entertainment all within close proximity. 802 Ozone Street offers a unique opportunity to acquire a trophy asset in Santa Monica. The subject property's ability to be delivered vacant opens the door for owner-occupied investors to easily execute the infamous "house-hacking" strategy and also offers traditional investors an opportunity to acquire a high cash-flowing well-located asset poised for strong long-term appreciation.
This professionally managed multifamily apartment consists of eight 1-bedroom units, nine uncovered parking spaces, a common area laundry room, and a rented storage room. All units are equipped with stainless appliances and are separately metered for gas and electricity. With Santa Monica State Beach located just 1 mile away and a variety of shopping, dining and entertainment options in the nearby area, you don’t want to miss out on this investment opportunity!
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.
Charming Spanish-style triplex in the heart of Ocean Park, blending classic character with meaningful upside for both owner-users and investors. This beautiful home or rental property features two remodeled units, delivered vacant, including the spacious owner's unit, which offers two bedrooms and two bathrooms, with direct access to the roof deck featuring wood flooring an ideal setting for enjoying the coastal atmosphere. The second unit is a thoughtfully updated one-bedroom, perfect for income, a private home office, or accommodations for extended family. The third unit will be delivered with long-term tenants. This flexible configuration allows the buyer to move right in while generating revenue, or to tailor the property to their needs. The property features multiple outdoor spaces, a garage, parking, and a modestly improved backyard. There are many ways to enjoy and optimize the property. Capitalize on the previous owner's efforts while exploring options to enhance the property, maximizing its use, value, and long-term appreciationcreating a true Ocean Park trophy asset with both lifestyle appeal and investment potential. ASK YOUR AGENT or CONTACT THE LISTING AGENT for the "Property Details & Pro Forma" document.
1222 Chelsea Avenue presents a rare opportunity to acquire a well-located triplex on a quiet, tree-lined street just moments from Douglas Park, neighborhood markets, shops, dining, and transit in one of Santa Monica's most desirable residential neighborhoods. The property consists of three thoughtfully configured units totaling approximately 2,464 square feet, including a charming front 3-bedroom, 2-bath cottage and a rear two-story duplex featuring a spacious 3-bedroom, 2-bath upper residence with a large private terrace and a 1-bedroom, 1-bath lower unit. The layout provides both separation and functionality, appealing to traditional tenants, extended households, or multi-generational living. A detached three-car garage and on-site laundry enhance convenience, usability, and long-term tenant appeal, while the overall scale of the property offers the intimacy of low-density ownership rarely available in Santa Monica's high-barrier-to-entry market. The property is currently leased to a single tenant under a month-to-month master lease generating approximately $152,340 annually ($12,695 per month), providing immediate income from day one with operational simplicity. At the offering price of $2,400,000, the asset reflects an in-place cap rate of approximately 4.50% based on current operations. Previously withdrawn from the rental market under the Ellis Act, with re-rental restrictions expired, the property offers a level of flexibility that is increasingly uncommon locally: a buyer may elect to continue the existing master lease structure, deliver the property vacant for personal occupancy or repositioning, or lease the units individually at market rates depending on investment strategy. This optionality allows alignment with a variety of objectives, whether seeking stabilized income, partial owner occupancy with supplemental rental revenue, a family compound configuration, or long-term hold in a premier coastal submarket. Operating expenses are consistent with typical small multifamily ownership, and recent 2025 capital improvements including plumbing, electrical, termite remediation, mold remediation, and foundation-related work provide additional confidence in the property's condition and ongoing durability. Rather than relying on speculative renovation or aggressive repositioning assumptions, the value of this offering centers on location, configuration, regulatory clarity, and structural flexibility within one of the Westside's most supply-constrained residential neighborhoods. Opportunities of this scale and versatility in Santa Monica are increasingly limited, making 1222 Chelsea Avenue a compelling option for both investors and owner-users seeking stable income, long-term appreciation potential, and meaningful control over future use.
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]
This charming 4 unit turnkey property is fully tenant occupied with all fair market rents. The retro 2/2 front unit is approx 1500sqft and has the look and feel of a home. The front yard is covered with Eugenia hedges from the street side that is fully fenced in with a grassy area for the pups and kiddos to play in, a courtyard/patio and tiki bar lounge for the adults. Comes with a garage/storage space and washer/dryer in unit. The middle unit is an old world charm, San Francisco-styled 2 BR 1 BA cottage, approx. 800sqft, is freestanding and privately tucked between the other units. It features a lovely working fireplace, original kitchen tiles from the 70's, a newly renovated bathroom and a lengthy pantry that exceeds 30' providing substantial storage space. There is even more storage space in the attic and two 15x10 garage unit that is included in the rent. There is also a small front and back patio that is also exclusively for the cottage's use. Upstairs there are two 1/1 units approx 500sqft each. One of the tenants has a garage included and the 5th garage is rented commercially to a local plumber. There is a lot of versatility with this property so come and see how you align with it!
Roque & Mark Co. is pleased to represent this well maintained 6-unit apartment building in the Ocean Park neighborhood of Santa Monica. This property is only 6 blocks to Main St. and 8 blocks to the beach. The front unit is a huge 3 bedroom + 3 baths "Owner's Unit" that is approx. 2,000 sf. It has a private, 4 car oversized attached garage with additional driveway parking. Excellent unit mix consisting of (1) 3 beds + 3 baths, (3) 2 beds + 2 baths, and (2) 1 bed + 1 bath + bonus room. The bonus rooms function like a bedroom, just without a closet. The entire building has upgraded dual paned windows. The property is fully occupied and currently offered at a 13 GRM and 510 CAP rate. 5 additional parking spaces located off the alley. Every unit has a reserved parking space. All soft-story retrofitting and balcony inspections have been completed. Several units have been luxuriously upgraded. For investors, this is an opportunity to acquire a solid, well-located coastal multifamily asset with lasting appeal and upside potential in an area known for high barriers to entry and enduring desirability. This is a quiet street despite its close proximity to shops, cafes, and restaurants. Subject to City of Santa Monica rent control.
1824 Michigan Ave is a seven-unit property comprised of two separate structures situated on an over 16,000 SF lot in the heart of Santa Monica. The asset is ideally located minutes from Santa Monica College, the 10 Freeway, Downtown Santa Monica, and major tourist attractions. The property is comprised of a 3BR/2BA single-family residence that will be delivered vacant, along with a separate six-unit apartment structure. A compelling value-add opportunity exists through the completion of two ADUs, with plans and permits fully approved and paid for, and the structural framework already in place allowing a new owner to immediately capitalize on increased density and rental income with minimal entitlement risk. The unit mix on the six unit building is: One Single, One 1BR, 1BA, Four 2BR, 1BA. The Two approved ADU's that the owner has already began work on are a 2BR 1BA, and a 3BR, 2.5BA.
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.
Imagine investment opportunity in Santa Monica with 4 of the 5 units ALREADY remodeled. This TURN KEY property has high paying rents and ready for an investor to purchase and receive passive income. The front house is delivered vacant if someone wants to use it for themselves. Has an OPEN FLOOR PLAN in the PRIME Sunset Park area of Santa Monica. MINUTES TO THE BEACH!!! This fully remodeled home has been tastefully redone w/ brand new flooring throughout, NEW KITCHEN, top of the line stainless steel appliances, quartz countertops, & lavish bathrooms. Very private home in the heart of Santa Monica. Kitchen has a beautiful large island, bright & spacious family & dining area. Great for entertaining and comfortable living. BRAND NEW AC. ***FULL SIZE WASHER & DRYER INCLUDED*** Home has two bedrooms plus a bright bonus room with plenty of windows & sunlight that can be utilized as an extra bedroom, home office, or bonus room. Kitchen has plenty of drawers, storage, & also modern open shelving. Dining & kitchen area open up to a covered patio, perfect for entertaining, al-fresco dining or sitting outdoors & enjoying the outdoor after a long day at work. Stone's throw away from Trader Joe's, Whole Foods, Erewhon, World Famous Santa Monica Pier, Venice Beach, night life on Main St. & easy freeway access.
ALL UNITS DELIVERED VACANT. YOU PICK YOUR TENANTS. Welcome to 1226 Chelsea Ave, a stunning single-family home with 3 addition one bedroom units, in Northern Santa Monica. This spacious main residence is an impressive 3 bedroom living space, decorator done, light and airy, with solid maple hardwood flooring with ample room for a baby grand piano. A high quality custom kitchen was installed by the meticulous owner along with stone counters. The home recently received a new roof, as well as a new Air conditioning and heating system (2025)The property also features 3 separate one bedroom apartments, each with their own kitchen and bathroom.Step into the inviting living areas and discover seamless transitions between spaces, ideal for both entertaining and relaxing. The outdoor deck is perfect for enjoying the Southern California lifestyle, whether you're hosting a gathering or unwinding in your private retreat.This home has newly installed central heating and cooling (2025), ensuring year-round comfort, and a laundry area complete with washer/dryer hookups and included appliances for added convenience. Parking is a breeze with an on-site garage and additional parking provided.For peace of mind, the property is equipped with a security gate, security system, and video security. These thoughtful features prioritize safety and privacy while enhancing the overall appeal of the property.Situated on a desirable street, this home offers a perfect blend of comfort, practicality, and style. Don't miss your opportunity to experience all that 1226 Chelsea Ave has to offer.
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
Prime Santa Monica Triplex. West of Lincoln in the coveted Ocean Park neighborhood. Blocks to the beach, groceries and restaurants of Main St. Updated owner's unit A will be delivered VACANT and features a private yard, new Trex deck and DG landscaping, garden spaces and private patio. Unit B has been updated, private patio and open kitchen concept. This unit is month to month, furnished and beautiful-no interior photos available. Unit C is now month to month, furnished and updated-see photos with red kitchen. This unit also features a private patio. Exterior of building just painted. Exterior laundry available for use by tenants. This is a great opportunity to invest in the Santa Monica rental market, possible value adds, buy and hold. This is an A+ beach/Main Street property opportunity. Can show vacant unit and walk property. Inside tenant occupied units with accepted offer.
Santa Monica is located in California. Santa Monica, California has a population of 92,828. Santa Monica is less family-centric than the surrounding county with 28.07% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Santa Monica, California is $99,847. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Santa Monica is 41.4 years.
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
