Santa Monica CA Real Estate &

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Beds:
9
Baths:
5.00
Sq.Ft.:
4,018
Status:
NEW LISTING
MLS#:
24467337
Type:
Cluster
Lot size:
0.13 Acres
Year built:
1956
Listed by Silton Properties James Silton
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ADDITIONAL INFORMATION

Prime Santa Monica Investment Opportunity! This well-maintained, pride of ownership multi-family property features five units with a total of 9 bedrooms and 5 bathrooms, spanning approximately 4,018 square feet. Conveniently located in Downtown Santa Monica, adjacent to major shopping and office complexes, close to 10 fwy, major transportation hubs and Santa Monica College. 4 units feature spacious 2 bedrooms and 1 bath, plus one cozy studio. Two units have been recently renovated with updated fixtures and appliances. Building provides 4 open parking spaces. There is onsite laundry; the Landlord owns its own equipment, which provides for additional income. The roof was replaced approximately 5 years ago.Seller is open to carry back a loan with a minimum of 60% down and is open to negotiating rate and terms.The seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information. Turnkey investment with strong income potential! Note: studio pictures are staged, the other interior shots are representative of one of the updated units.

Beds:
38
Baths:
38.00
Sq.Ft.:
17,880
Status:
Active
MLS#:
24465105
Type:
Cluster
Lot size:
0.34 Acres
Year built:
1963
Listed by Remax Commercial and Investment Realty Jonathan Taksa
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ADDITIONAL INFORMATION

We are pleased to present a generational multifamily offering in the seaside enclave of Santa Monica. Set prominently along a tree-lined street, 1424-1428 12th Street is a trophy asset consisting of 20, oversized compared to market, units and beautifully landscaped grounds. Encompassing 17,880 SQFT and situated on a very large lot, tenants can choose from one of 2 oversized studio units, 16 large 2-bed, 1-bath units, or 2 substantial3-bed, 1-bath townhouse units. Each of these units has a great floor plan flooded with natural light. 14 units have been luxuriously upgraded and tastefully appointed with an in-unit washer and dryer (select units), new hardwood flooring, stainless steel appliances, quartz countertops, and LED lighting. Additionally, the property has an on-site laundry facility and ample assigned parking (soft story retrofit work has been completed, Buyer to verify). The property also includes new construction windows, new roofing and gutters, a custom stucco facade, and more. A quick stroll to the beautiful beach, downtown Santa Monica, and the high-end dining and shopping of Montana Avenue and 3rd Street Promenade, 1424-1428 12th Street is close to all Santa Monica has to offer. The property is also situated just across the street from one of Santa Monica's top private elementary schools, Pluralistic SchoolOne. With fantastic in-place income, enormous upside potential, and a secured tenant base, the property gives buyers the opportunity to own a generational asset in one of the most prized and coveted locations in Los Angeles.

Beds:
11
Baths:
12.00
Sq.Ft.:
5,948
Status:
Active
MLS#:
24464145
Type:
Cluster
Lot size:
0.14 Acres
Year built:
1966
Listed by Global Platinum Properties, Inc. Armin Soleimani
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ADDITIONAL INFORMATION

Huge 650k Price Reduction & Now 100% Occupied! 12 Unit building with 10 fully renovated units in Prime Santa Monica cash flowing at an incredible Current Cap Rate of 5.8% and 12.6 GRM from day 1! Priced at only 416k/door for renovated units with an amazing upside to 6.7% Cap Rate and 11.2 GRM on the proforma. Delivered with 10 fully renovated units with permits including 8 remodeled units plus 2 brand-new attached ADUs. These units have been completely renovated with permits (100% occupied) and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. Notably, there are preliminary plans for 2 additional detached ADUs over the open parking lot in the back that offer exceptional future upside potential. The property is located in the heart of Santa Monica just minutes away from the Beach and within close proximity to Santa Monica Business Park as well as hip neighborhood attractions, restaurants, bars, and shops such as Layla Bagels, Local Kitchen & Wine Bar, Estate Coffee, and many more popping up all around the area.

Beds:
9
Baths:
10.00
Sq.Ft.:
4,516
Status:
Active
MLS#:
24463349
Type:
Cluster
Lot size:
0.19 Acres
Year built:
2024
Listed by Marcus & Millichap Jonathan Weir
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ADDITIONAL INFORMATION

We are pleased to present our newest exclusive listing in Santa Monica. This 5 unit property is EXTENSIVELY renovated both on the interiors and exterior. The three charming units in the front have been extensively renovated with new quartz and custom tile kitchens, stainless steel appliances, tiled bathrooms, and new flooring throughout. The back two XXL Townhomes are brand new construction boasting large three bedroom floorplans. The building is solar powered, includes private patios and private balconies with mountain views, and has washer and dryer hookups. Additionally there are a total 11 parking spots which consist of 4 garage spots, 4 partially covered parking spots, and 3 spots in front of the garages. Tenants in the front three units have access to their own private fenced backyards. The property is located on a quite cul de sac boasting an 88 WalkScore and is minutes from Santa Monica Pier and all that the vibrant city has to offer. The property is located just north of Lincoln Blvd and the 10 Freeway giving tenants easy access for commutes and maneuvering around the city. For an investor looking to clip coupons and enjoy a cash flowing asset in a growing area, look no further. For more information, please reach out to the listing agent.

Beds:
9
Baths:
9.00
Sq.Ft.:
5,728
Status:
Active
MLS#:
24462503
Type:
Cluster
Lot size:
0.12 Acres
Year built:
1955
Listed by Lambert Investments, Inc. Francyne Lambert
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ADDITIONAL INFORMATION

101 - 103 Strand Street is a prime OCEAN FRONT Santa Monica Beach Location! A rare opportunity for an Owner User to live at the beach with Ocean Views and have rental income. Seller Financing up to 80% for 2 Years for qualified buyer. There are no comparable multifamily buildings this close to the beach with Ocean Views that have sold and few comparable rentals. Condo sales in the area that are even close to this location have a comparable average of $1245 Per Sq Ft plus homeowners dues averaging $1587. OWNER'S UNIT: Upstairs 2 Bedrooms & 2 Baths. Ocean Front Views from both Bedrooms & Front Patio. Real hardwood floors throughout. Tiled flooring and granite counter tops in kitchen and bathrooms. Dual paned windows. Stack washer/dryer & lots of closet space. Copper Plumbing. 3 of the 7 units have laundry in the units, the other units have space to add stack washer/dryers and there is a laundry room on site with machines that are owned. This rare 7 unit apartment building directly across from the beach on Ocean Avenue boasts stunning Ocean views, Sunsets and sits just above the sandy shores of Santa Monica Beach. Live the experience of beachfront living. Get right onto the beach bike path or walk to Main Street with great restaurants and shopping. PLEASE DO NOT DISTURB TENANTS.

Beds:
8
Baths:
5.00
Sq.Ft.:
3,486
Status:
Active
MLS#:
24462495
Type:
Cluster
Lot size:
0.18 Acres
Year built:
1944
Listed by Andrew C. Lee Kimiyasu Murayoshi
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ADDITIONAL INFORMATION

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

Beds:
3
Baths:
2.00
Sq.Ft.:
1,691
Status:
Active
MLS#:
24462281
Type:
Cluster
Lot size:
0.16 Acres
Year built:
1939
Listed by Berkshire Hathaway HomeServices California Properties Nicolai Savaro
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ADDITIONAL INFORMATION

The sky is the limit with this turnkey Spanish style duplex consisting of a 2/1 and a 1/1. Each unit is privately enclosed with the feel of your own home and has interior features including original hardwood floors throughout the rooms, recess lighting, kitchen with granite countertops, custom cabinetry, and a beckoning modern bathroom with porcelain wood looking tile, glass and a luxury vanity. Front unit exterior features a charming picket fence and sufficient space to make your very own sustainable garden boxes, sun bathe or keep your pet friends enclosed. Adjacent exterior 3 car driveway. The back unit is 800+SQFT and has a private, expansive backyard with mature fruit trees (fig, avocado & lemon) for this unit only. 1 Parking Spot in the back of this property is included. There are two storage garage spaces included. There are so many possibilities to explore- leave as is, add an ADU and/or addtl units, convert into a SFR, a combination of the above or consider redevelopment opportunities including but not limited to a 5-plex layout similar to the next door properties. Some recent upgrades to electrical, gas, water/sewer and hvac. Property sold AS IS. No additional concessions or credits will be provided.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CL24462495
Type:
Other
Lot size:
0.18 Acres
Year built:
1944
A broker reciprocity listing Courtesy: Andrew C. Lee
View additional info

ADDITIONAL INFORMATION

Beds:
16
Baths:
16.00
Sq.Ft.:
8,498
Status:
Active
MLS#:
24458595
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1967
Listed by Berkshire Hathaway HomeServices California Properties David Putnam
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ADDITIONAL INFORMATION

12.5 GRM with Maximum Allowable Rents (MARs) in place! Rents and Gross income, listed below, are with MARs. First time on the market! Great value-add opportunity on this 10 unit property. Current rents are 15% below the City of Santa Monica MARs. Raise the rents with proper notice to the tenants (Buyer to confirm with Santa Monica Rent Control). Gross Annual Income using MARs is $280,556 (12.5 X gross). Gross Annual Income using current rents is $237,884. See current Rent Roll and MAR rent roll (see documents tab). There are (6) 2 bedrooms/2 bathrooms and (4) 1 bedroom/1 bathroom apartments.12 car parking. The 2 front 2 bedrooms/2 bathroom units are split level with high ceilings. Good long term upside in rents. Close to restaurants and shopping in sunny Santa Monica! Seller provided a soft-story retrofit proposal (see documents tab) Inside with an accepted offer. Please do not disturb tenants. Please text for the quickest response. Voicemail and email also answered promptly. Thank you for your interest!

Beds:
8
Baths:
4.00
Sq.Ft.:
4,631
Status:
Active
MLS#:
24458791
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1947
Listed by KHORR Realty Jonathan Soldwisch
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ADDITIONAL INFORMATION

Unique opportunity to own a unique property. Single family residence with a 2 story triplex, (2 bedrooms each) in the rear of the property--4 units in total with city stamped plans to renovate the front house and add an ADU for a total of 5 doors. Close to SMC, Whole Foods, and adjacent to Virginia Ave Park--just 1.7 miles to the beach. All units are spacious, each around 1100 square feet, and 3 of the 4 will be delivered vacant at close of escrow. This property is ready for its next chapter and its next owner-- this is your chance to make your mark and own something truly special. *Photos have been virtually staged* Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer and agent are advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer is to rely solely on his/her/their own findings.

Beds:
17
Baths:
17.00
Sq.Ft.:
10,384
Status:
Active
MLS#:
24455129
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1968
Listed by RE/MAX One Chase Simonton
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ADDITIONAL INFORMATION

1311 Euclid Street offers a new investor a clean 11-unit apartment building in a prime location of Santa Monica. These 11 units boast an incredible unit mix of 3-bedrooms, mostly 2-bedrooms, and 1-bedroom units. Many units have been extensively remodeled with modern flooring and fixtures, waterfall quartz counter tops, and beautiful accent wall designs and kitchen lighting. The building is fully occupied, so no showings without an accepted offer. 11 units (3) 3+2 , (3) 2+2, (2) 2+1, (3) 1+1 Extensively Remodeled Units Units #1, 4, 5, and 7 include Washer/Dryer 21 Parking Spots (9 Tandem + 3 Single Spots)

Beds:
5
Baths:
4.00
Sq.Ft.:
2,544
Status:
Active
MLS#:
24452031
Type:
Cluster
Lot size:
0.13 Acres
Year built:
1941
Listed by Berkshire Hathaway HomeServices California Properties Keith Endow
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ADDITIONAL INFORMATION

ADU potential off the alley where the two detached double car garages are. "Meetings the City have confirmed that an ADU can be built on this property." per an ADU researcher. Wonderful location at the hub of being just North of Sunset Park, blocks away from the EXPO line off of either Bergamot Station stop or Bundy. Santa Monica College SMC 's main campus just a few miles away and other sites within blocks.

Beds:
18
Baths:
13.00
Sq.Ft.:
8,623
Status:
Active
MLS#:
24451475
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1968
Listed by Realty Investment Advisors, Inc. Benjamin J. Hsiang
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ADDITIONAL INFORMATION

RECEIVERSHIP SALE! We are pleased to present 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $832 for 1 bedroom units and $988 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10 (3 bed 2 bath) are NOT deed-restricted and can be leased out at MARKET rents. Both of the market rate units have been taken down to the studs and will be delivered vacant creating the perfect opportunity for a new owner to customize to their own specifications. The top floor 3 bed 2 bath "owner's unit" which offers incredible amazing city views from the balcony is PERFECT FOR AN OWNER/USER. The property includes a total of 11 parking spaces consisting of a tandem space, two 2-car garages, and seven single spaces. There is potential to convert the two-car garages into market-rate ADUs (Buyer to verify with the city). In total there are 7 vacant units (4 rent ready and 3 gutted units). Santa Monica is known for its excellent schools, community parks, and a vibrant beach-town atmosphere. The mid-city area's lively ambiance and convenient lifestyle make it highly desirable for renters and an enticing proposition for investors looking to capitalize on the city's robust rental market. NOTE: Property sale is subject to court confirmation including a 60-day appeal period and may be subject to overbid. As such, Seller cannot guarantee a particular sale date.

Beds:
22
Baths:
33.00
Sq.Ft.:
15,037
Status:
Active
MLS#:
24450903
Type:
Cluster
Lot size:
0.37 Acres
Year built:
1992
Listed by Miller & Desatnik Realty Co. Glenn Brander
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ADDITIONAL INFORMATION

An exceptional investment opportunity awaits in a platinum Santa Monica location. The 21st Street Townhome Residences feature a community of eleven (11) well appointed townhome style condominiums, built in 1992, situated in one of the finest, most coveted Westside locations. Just steps from the vibrant shops and restaurants of Montana Avenue, and within one of finest public school districts in Los Angeles County. Each townhome features spacious, well appointed interiors, with central HVAC, high ceilings & bonus loft spaces (not included in the square footage) . Residents will appreciate the convenience of direct residence entry two-car side by side garages, as well as private outdoor patios and decks, perfect for enjoying the world's best climate. The 21st Street Townhome Residences offer significant investment benefits, as each residence has its own APN and is separately metered for water, sewer, gas & electric. Don't miss the opportunity to own this platinum real estate in an ultra prime Santa Monica location. Seller will consider carrying the first trust deed. Terms of the loan subject to negotiation.

Beds:
42
Baths:
41.00
Sq.Ft.:
34,281
Status:
Active
MLS#:
24452667
Type:
Cluster
Lot size:
0.35 Acres
Year built:
1972
Listed by Marcus & Millichap Neema Ahadian
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ADDITIONAL INFORMATION

This is a prime investment opportunityat 1115 14th St, a 23-unit apartment complex located in the prestigious Wilshire Montana neighborhoodof Santa Monica. This well-maintained property boasts a desirable unit mix consisting of one single ADU,five one-bedroom units, 14 two-bedroom units, two three-bedroom units, and a four-bedroom penthouse,complemented by 33 parking spaces, including EV charging stations and above-parking storage spaces.Ownership has invested over $3.3 million in capital improvements since 2019, including the full renovationof 14 units featuring luxury upgrades such as stacked washers and dryers, wide plank vinyl flooring, recessedlighting, modern cabinetry, quartz countertops, stainless steel appliances, HVAC, and smoothed ceilings.Additionally, significant enhancements to the common areas and building systems have been made, includingplumbing, solar installation, complete elevator upgrade, and roofing improvements.The standout feature of the property is the four-bedroom penthouse, which underwent a $500k renovation.This two-story unit features a private, key-locked elevator, a 360-degree rooftop deck, a gourmet kitchen,an open living room with balcony access, and luxury amenities such as a home office, laundry room, andsteam shower.With no deferred maintenance and strong existing cash flow, the property presents an additional 35%rental upside through continued unit turnovers and renovations. The offering includes favorable assumablefinancing with a $7.974 million principal balance, interest-only at a 2.90% rate, maturing in 2030.Located just blocks from premier retail amenities along Wilshire Blvd and close to the UCLA Santa MonicaMedical Center, 1115 14th St offers an ideal living environment for residents commuting to employment hubsacross Santa Monica, Brentwood, West LA, and beyond. The Santa Monica submarket continues to be highlyattractive for investors due to consistent rent growth and property value appreciation.This is a unique opportunity to acquire a high-performing asset in one of Southern California's most soughtafterneighborhoods.

Beds:
7
Baths:
7.00
Sq.Ft.:
4,741
Status:
Active
MLS#:
24446741
Type:
Cluster
Lot size:
0.11 Acres
Year built:
1948
Listed by Keller Williams Larchmont Charles Marquardt
View additional info

ADDITIONAL INFORMATION

**Prime Investment Opportunity in Santa Monica, California** A rare and exceptional opportunity presents itself with the sale of a charming five-unit apartment building ideally positioned at the prominent corner of Euclid and California in Santa Monica. Located in one of the most sought-after neighborhoods in the area, this property offers a mix of unit sizes in excellent condition, making it a lucrative investment for discerning buyers. Strategically located at the corner of Euclid and California in Santa Monica, California, a highly desirable and affluent area known for its upscale amenities, proximity to the beach, and vibrant community this is a trophy location. The property features a diverse range of unit sizes, catering to different tenant needs and maximizing rental potential. Each unit has been meticulously maintained over the years, showcasing a blend of modern conveniences and classic charm, ensuring a comfortable and appealing living space for residents. With its well-maintained exterior and impeccably landscaped surroundings, the building exudes curb appeal and adds to the overall value of the property. The prime location of the building offers convenient access to a plethora of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a vibrant and dynamic lifestyle. Strong rental demand in Santa Monica combined with the property's location ensures a steady stream of income for potential investors.- The building's excellent condition and well-maintained units minimize the need for immediate renovations or costly upgrades, saving time and resources for investors. Santa Monica's reputation as a highly desirable rental market with limited supply further enhances the investment potential of this property. Whether as a passive income generator or a long-term investment opportunity, this five-unit apartment building in Santa Monica offers a solid foundation for building wealth and securing financial stability. Don't miss out on this rare chance to acquire a well-positioned, carefully maintained property in one of Santa Monica's most coveted neighborhoods. Contact us today to schedule a viewing and explore this exceptional investment opportunity!

Beds:
16
Baths:
13.00
Sq.Ft.:
8,903
Status:
Active
MLS#:
24455093
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1969
Listed by Kidder Mathews of California, Inc. Joshua Luchs
View additional info

ADDITIONAL INFORMATION

1312 19th Street is a multifamily investment opportunity that features six spacious units in the heart of Santa Monica. The property includes an over 2,000SF 4 BD / 2.5 BA townhouse boasting a private gated patio, formal dining area, wet bar, two fireplaces, in-unit laundry ,and a finished basement that may be a part of a potential ADU conversion that may provide additional income. The townhouse is one of three units that will be delivered vacant. It also offers two 3BD/2BA units that are roughly 1,500 SF each and three 2BD/2BA units approximately1,200 SF each. Onsite laundry facilities and six carport spaces further enhance revenue potential. With half of the units delivered vacant this property presents an excellent value-add opportunity, offering significant potential for growth and appreciation for years to come. The enormous 4 bedroom townhouse is perfect for owner occupancy.

Open House:

Sunday, 12/8 2:00-4:00PM

More Open House Info >

Beds:
5
Baths:
2.00
Sq.Ft.:
2,210
Status:
Active
MLS#:
24445315
Type:
Cluster
Lot size:
0.11 Acres
Year built:
1948
Listed by Compass Eric Hartnack
View additional info

ADDITIONAL INFORMATION

Enchanting Duplex in the Heart of Sunset Park discover the allure of Santa Monica living in the highly coveted neighborhood, just a leisurely stroll from the restaurants and shops of Lincoln Boulevard, Abbot Kinney, Rose Ave, and Main Street, Santa Monica. The beach is less than a mile away!Two stand-alone homes each with their own private yard sit on this spacious 4,800 SF lot. Live in one unit while enjoying rental income from the other. Enter through the front gate and find yourself amongst the lush mature trees and foliage providing a truly serene and peaceful setting. The front house has two bedrooms and one bath, with hardwood floors throughout. This inviting home features a spacious open living and dining area, perfect for relaxation. Enjoy your own tranquil front yard retreat, ideal for morning coffee or quiet evenings under the stars.The rear home has three spacious bedrooms and one and half baths. This spacious unit comes with generous outdoor areas, including a front yard and patioperfect for entertaining friends or basking in the California sun. This unit is currently vacant, it presents an exciting opportunity with a projected market rent of $6,000.A four-car garage (800 SF) awaits your creative touch, offering potential for conversion into an additional unit. For those considering owner occupancy of the front unit the attached documents outline the Santa Monica rent control laws which indicate a $36,600 tenant relocation fee with a 60-day notice required. Please refer to the attached documents from the City of Santa Monica for further details.Don't miss this incredible opportunity to own in one of the best neighborhoods in Santa Monica!

Beds:
n/a
Baths:
Sq.Ft.:
2,116
Status:
Active
MLS#:
PW24196365
Type:
Fourplex
Lot size:
0.14 Acres
Year built:
1940
Listed by Spencer Anderson, Broker Spencer Anderson
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ADDITIONAL INFORMATION

Fully approved plans (RTI) for 2 additional units (both ADUs are 3 bedrooms + 2 bathrooms and projected to rent for $6K/month each) resulting in a 6-Unit Property that will total 4,102 square feet of living area on a 5,972 square foot lot in a prime area of Santa Monica! This rare opportunity offers a corner lot with alley access and is ideal for an owner/user or investor. The charming, existing 4-unit building is situated on the front half of the large lot, providing space for the two new approved units and the 5 on-site parking spots along the rear alley. The property is located in the heart of “Silicon Beach” which is home to numerous technology companies, including being less than one mile from large office campuses including the Water Garden, the West Edge, Riot Games Headquarters, and the Colorado Center with office tenants including Amazon, Hulu, and Roku.

Beds:
4
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
CL24443839
Type:
Other
Lot size:
0.12 Acres
Year built:
1942
A broker reciprocity listing Courtesy: ENGEL & VÖLKERS Santa Monica
View additional info

ADDITIONAL INFORMATION

Beds:
16
Baths:
11.00
Sq.Ft.:
7,763
Status:
Active
MLS#:
24441743
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1963
Listed by CB Richard Ellis, Inc. Priscilla Nee
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ADDITIONAL INFORMATION

Built in 1963, on a 7,485 square foot R2 lot, 1813 9th Street is a two-story, six-unit multifamily property with a total building size of 7,763 square feet. The well-maintained property is separately metered for gas and electric, is serviced by a central water heater, and offers an on-site laundry facility, one two-car garage, and five carport parking spaces with storage bins. In recent years, the property has seen significant capital improvements including a new roof, copper plumbing in most units, an updated electrical panel in laundry room, and a newer water heater. Additionally, two units have been extensively upgraded to include individual tankless water heaters and in-unit laundry. 1813 9th Street boasts an exceptional unit mix of two two-bedroom/one-and-one-half-bathroom townhouse-style units, three three-bedroom/two-bathroom units, and one three-bedroom/two-bathroom townhouse-style unit. The oversized units offer gas stoves, refrigerators, ceiling fans, forced heat or wall units for heating, upgraded flooring, ample closet and storage space, and a balcony or patio in select units. The two extensively upgraded units are equipped with stackable laundry systems, brand-new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances (gas stove, refrigerator, microwave, and dishwasher), ceiling fans, brand-new bathrooms, designer fixtures and hardware, dual pane windows, upgraded flooring, new lighting, and updated electrical panels.

Beds:
n/a
Baths:
Sq.Ft.:
3,802
Status:
Active
MLS#:
SR24189485
Type:
Triplex
Lot size:
0.11 Acres
Year built:
1988
Listed by Equity Union Raymond Rodriguez
View additional info

ADDITIONAL INFORMATION

We are proud to present The Seaside, a tranquil retreat located in the charming beachside community of Ocean Park in the City of Santa Monica. Situated on the quiet residential street of Highland Ave., this unique property, which is just 6 blocks from the beach, offers an amazing opportunity and endless possibilities for either someone looking to call this property home or a seasoned investor. *The property is not subject to Santa Monica Rent Control, allowing for 5% + CPI annual rent increases per AB 1482, was originally built in 1920 and in 1988, the construction of (2) detached apartment units and workshop was completed. Over the course of the last few years, the property has undergone extensive renovation to both the main home, as well as the apartment units. This wonderful opportunity encompasses an impressive 3,802 sq ft. building and consists of a 4 Bedroom + 3 Bath Two-Story Single-Family Home with a private 106 sq ft. 3rd-floor rooftop terrace, as well as (2) detached 2-Bedroom apartment units averaging 895 sq ft. in a 3-story structure with the 4th floor consisting of a massive 628 sq ft. sundeck and lounge with partial views of the Pacific Ocean and surrounding city. *In addition, there’s a 1st floor, non-conforming studio unit that could be used as an office or potentially converted into a legal apartment unit. Each of these fantastic units is individually metered for gas and electricity, and offers individual hot water heaters, further lowering utility costs, as well as an on-site laundry facility for tenants. Though certain upgrades have been made, there is still a considerable amount of value to add to this incredible property, as well as a tremendous amount of rental income that has yet to be unlocked, making The Seaside an incredible opportunity. (1) Four-Bedroom + Three-Bath House – 1,708 sq ft. (1) Two-Bedroom + Two-Bath – 895 sq ft. (1) Two-Bedroom + One-Bath – 895 sq ft. (1) Studio + One-Bath (*Non-Conforming Unit) – 306 sq ft. Santa Monica’s real estate market is characterized by high demand and limited supply, resulting in property values that are among the highest in the region. *Buyer to Verify with the City of Santa Monica **All material presented herein is intended for discussion purposes only. It is the sole responsibility of the Buyer to conduct their own due diligence as to the accuracy of the information contained herein and the Seller nor their agents make any warranties expressed or implied

Beds:
35
Baths:
37.00
Sq.Ft.:
20,896
Status:
Active
MLS#:
24438047
Type:
Cluster
Lot size:
0.34 Acres
Year built:
1964
Listed by Lambert Investments, Inc. Francyne Lambert
View additional info

ADDITIONAL INFORMATION

This prime Santa Monica property, located on 5th Street just off of Montana Avenue, is a 24-unit apartment complex. The property features a desirable unit mix, including 2 singles, 10 one-bedroom/one-bath units, 11 two-bedroom/two-bath units, and a spacious three-bedroom/three-bath unit. Residents will enjoy spacious open floor plans, ample parking with over 30 spaces, and convenient amenities like laundry rooms on each floor, a refreshing pool, all copper plumbing and new solar panels. The property's elevator provides easy access to all three floors. Walk and bike everywhere. This prime location, just five blocks from the beach, is walking distance to Montana Avenue with easy access to a variety of restaurants, shops, and entertainment options. Additionally, the property is situated within the highly sought-after Santa Monica School District and is conveniently located near neighboring West Los Angeles communities, including Brentwood, Pacific Palisades, Venice Beach, and Marina del Rey. This well-established property has been built, owned and operated by the same family for decades. Roof and elevator are older. PLEASE DO NOT DISTURB TENANTS.

Beds:
13
Baths:
8.00
Sq.Ft.:
5,532
Status:
Active
MLS#:
24434514
Type:
Cluster
Lot size:
0.13 Acres
Year built:
1971
Listed by Remax Commercial and Investment Realty Jonathan Taksa
View additional info

ADDITIONAL INFORMATION

We are pleased to offer for sale an incredible multifamily asset located at 443 Bay Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1971, the building boasts an ideal unit mix consisting of very large 2 & 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, an intercom entrance, ample on-site parking, all copper plumbing, a brand new roof, as well as an on-site laundry facility. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed,1-bath units, and (3) 2-bed, 1-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC (select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to the beach and Main Street, this property is situated close to all SantaMonica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 443 Bay Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

Beds:
15
Baths:
8.00
Sq.Ft.:
5,678
Status:
Active
MLS#:
24432961
Type:
Cluster
Lot size:
0.27 Acres
Year built:
1952
Listed by Miller & Desatnik Realty Co. Glenn Brander
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ADDITIONAL INFORMATION

We are pleased to present The Kansas Seven Residences. The subject property is located within close walking distance to many of Santa Monica's great shops & restaurants, corporate campuses, Bergamont Station, as well as other public transportation, providing residents automobile-free access to all of Greater Los Angeles. The subject property sits on a quiet, tree lined street, and offers an attractive unit mix featuring a fully renovated Three Bedroom, Two Bathroom unit with an enclosed yard. The remaining six units are comprised of (6) Two Bedroom Two Bathroom Units, two of which are renovated very nicely. The subject property is individually metered for gas and electricity and has covered parking for each unit. The astute investor will quickly recognize that The Kansas Seven Residences provides its occupants well-appointed housing in a warm, secure setting, and a walk anywhere easily location. This is a unique opportunity to own a charming, desirable, Westside located Santa Monica asset. Santa Monica is known for its superior climate, great night life, cultural diversity, walk-ability and beaches.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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Santa Monica Real Estate

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.

Santa Monica Weather

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.

Santa Monica Map

Santa Monica Real Estate Market Conditions

  • Median sales price

    $1,700,000
    14.9%
    change since last quarter
  • # Active listings

    367
    30-day change

Santa Monica Schools and Demographics

Education near Santa Monica, CA

City County
High School Graduates 94.3 80.04
College Degree - 2 year 6.08 7.04
College Degree - 4 year 67.83 34.04
Graduate Degree 17.56 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Santa Monica, CA

Grades Students P/T Ratio ZIP
Canyon Elementary School KG - 05 404 24.5 90402
Edison Elementary School KG - 05 449 24.9 90404
Franklin Elementary School KG - 05 818 24.8 90403
Grant Elementary School KG - 05 635 21.9 90405
John Muir Elementary School KG - 05 265 20.4 90405
McKinley Elementary School KG - 05 499 21.7 90404
Roosevelt Elementary School KG - 05 831 23.7 90403
Will Rogers Elementary School KG - 05 555 23.1 90405

Middle Schools near Santa Monica, CA

Grades Students P/T Ratio ZIP
John Adams Middle School 06 - 08 1,030 22.3 90405
Lincoln Middle School 06 - 08 1,027 22.8 90403

High Schools near Santa Monica, CA

Grades Students P/T Ratio ZIP
Santa Monica High School 09 - 12 2,984 23 90405

Ungraded Schools near Santa Monica, CA

Grades Students P/T Ratio ZIP
* Olympic High (Continuation) School 09 - 12 69 8.4 90405

Demographics near Santa Monica, CA

City County
Neighborhood Type Inner City
Population 92,828 10,019,635
Population Density 11,031 2,469
Median Age 41.4 37
People per Household 2 2.9
Median Household Income 99,847 76,367
Average Income per Capita 80,830 37,924

Real estate near Santa Monica