The property consists of a 7,280 SF building situated on a 7,495 SF lot, built in 1958. The building consists of (4) 2-bed/1-bath and (6) 1-bed/1-bath units. Unit 5 is currently being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.
The property consists of a 5,387 SF building situated on a 7,501 SF lot, built in 1960. The property consisting o two buildings with (2) 2-bed/1-bath and (5) 1-bed/1-bath units. Units A, B and D are currently being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.
The property consists of a 5,387 SF building situated on a 7,501 SF lot, built in 1960. The building has (1) 3-bed/2-bath and (6) 2-bed/2-bath units. Some units have private patios or balconies. There is an on-site laundry facility. Unit 3 and 6 are being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.
Investment opportunity in a prime Santa Monica location. 3 single level units. Unit A has newly refinished wood floors, updated kitchen counters and flooring. Unit C, the 2 bedroom unit, is currently owner occupied with 2nd bedroom and kitchen opened into a great room. This unit to be delivered vacant. Community laundry and electric car charger in one garage bay.
The building is 100% vacant, allowing immediate repositioning at market rents, an exceptional opportunity given Santa Monica's rent control restrictions. This 3,441 square foot property features one and two bedroom units, on site parking, and separate gas and electric meters. Walkable to the beach, Urth Caff, Abbott Kinney and Main Street amenities, the location offers lasting appeal for tenants and investors alike.
Reduced for a quick sale. The only Santa Monica deal with positive leverage (5.86% CAP on current). Exceptional investment opportunity featuring two separate parcels: a duplex and a fourplex, each with its own APN. Property Highlights: Unit Income: Townhouse's are leased until June 2026. All units are updated and equipped with hardwood floors, separate bedrooms and kitchens, washer and dryers in unit. Parking is provided with four garages and one carport on-site. 2 garages and the carport are included in leases. Street parking is ample. ADU Plans are underway to convert the garages into an additional unit.
New Pricing for an Incredible Property! We are pleased to present The Cloverfield Creative Residences, a boutique collection of three beautifully reimagined live/work units ideally positioned in the heart of Santa Monica's dynamic Media District. Located at 1411 Cloverfield Boulevard, the property offers an exceptional opportunity for both investors and owner-users seeking a flexible, high-design environment within one of the Westside's most sought-after creative corridors. Surrounded by leading industry names including Amazon, Oracle, Red Bull, CBS, Sony, and Dick Clark Productions, the property enjoys unparalleled proximity to St. John's Medical Center, Parkside Medical, and the emerging Bergamot Station Arts Center redevelopment. Tenants and occupants benefit from immediate access to Santa Monica's premier lifestyle amenities, with Colorado Center Park and Schader Park moments away, and world-class dining, shopping, entertainment venues and the beautiful Santa Monica beach within minutes. Each of the three residences has been thoughtfully designed with a focus on flexibility and aesthetic appeal featuring hardwood floors, soaring ceilings, abundant natural light, exposed brick walls, central HVAC, private outdoor spaces, and secure off-street parking. The result is a rare live/work environment equally suited to creative professionals, medical and tech users, design firms, and boutique production companies.
We are pleased to present 1115 14th Street, a premier 23-unit apartment building located in Santa Monica's coveted "North of Wilshire" neighborhood. Built in 1972, this exceptionally rare property stands out in a submarket where most multifamily assets consist of fewer than 10 units. Since 2019, ownership has invested over $3,300,000 in high-end capital improvements, transforming the building into one of the most meticulously renovated and desirable offerings in Santa Monica. The unit mix is outstanding: one studio ADU, five one-bedroom/one-bath units, fourteen two bedroom/two-bath units, two three-bedroom/two-bath units, and a spectacular two-story four bedroom penthouse. Fifteen of the units have been fully modernized with wide-plank vinyl flooring, quartz countertops, recessed lighting, modern cabinetry, stainless steel appliances, stacked in-unit washers and dryers, smooth ceilings, and central HVAC. The property's crown jewel is the penthouse, which received $500,000 in renovations. This ultra luxurious residence includes a private key-locked elevator, 360-degree rooftop deck, a gourmet Thermador kitchen with expansive island, open living room with fireplace and wet bar, home office, laundry room with high-end washer/dryer, two powder rooms, surround sound, ample storage, and a primary suite featuring a steam shower and freestanding tub. This unit is unmatched in the SantaMonica rental market. Beyond the units, significant building-wide upgrades have been completed, including upgraded plumbing and electrical, new windows, complete elevator modernization with all new hydraulics, electronics, and cab, roof improvements, solar installation, and professionally renovated hallways and lobby. The building offers 33 subterranean parking spaces well above local standards including EV charging stations. With its scale, prime location, meticulous renovations, assumable financing, and substantial remaining rental upside, 1115 14th Street represents a rare turnkey investment opportunity in one of Southern California's most supply-constrained and desirable rental markets.
This 9 unit apartment building consists of 3 buildings on one lot with a 4 plex of 1BRs, a townhouse duplex with 2BRs and 3 studios above 5 garages. It is conveniently located in central Santa Monica on a desirable corner lot at 20th St and Arizona Ave. Less than a 10 minute walk from markets, restaurants and public transportation along the Wilshire Blvd corridor. Across the street from a well known bakery, boutique hotel, and a Santa Monica Medical Center, this building is dual zoned as residential and Health Care Commercial for added value. Recent renovations completed on multiple units. See attached offering memorandum for additional information.
Spanish style 20 unit property in Santa Monica near the 3rd Street Promenade. Offering 500-700 SF 1-bedroom and Junior 1-bedroom (alcove studio) units in an ultra prime location with walkable retail and dining options. The building consists of (16) Junior alcove 1 bedroom 1 bath units, and (4) 1 bedroom 1 bath units. The property boasts strong in place cash flow with rental upside coming from at least 2 ADUs that could be added to the property. The secure entryway, center hallway, offers a character building in a super location to an affluent renter demographic. The building is master-metered for gas and has street parking only. The Property has a basement with Laundry. The basement is big enough to add 2 ADUs, each approximately 300 SF. The property size offers immediate scale and a strong foothold in one of the West Side of Los Angeles most desirable submarkets. There is an assumable loan until 12/2026.
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!
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, 1.5-bath units, or 2 substantial 3-bed, 1.5-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 School One. 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.
Prime Santa Monica Location! Don't miss out on this fantastic opportunity to own a multi-family property in the coveted Santa Monica area! This spacious Triplex features 3 different addresses. 2801 Virginia features a 2 bedroom 1 bath, a large living room and dining space. New Laminate flooring, New Carpet flooring in the bedrooms, Updated bathroom along with a fresh coat of paint throughout. 1925 Stuart is also a 2 bedroom 1 bath with a large living room. 1929 Stuart is a 1 bedroom 1 bath good size living room, dining space and updated bathroom. 3 Car garage with potential of making it a 4rth Unit. (Buyer to verify with City of Santa Monica) 2 additional parking spaces. A separate room that used to be the laundry area. This property is being sold as-is, making it an ideal investment opportunity whether you're an investor, developer, or owner-user, the possibilities here are truly exceptional. Call to schedule a showing. Prospective buyers are encouraged to conduct their own due diligence and confirm all details with the City of Santa Monica. Short walk to the Metro...
Rarely available 5 unit beach style compound with front duplex units, rear structure with 3 apartments, central garden, and 4 private garages. HIGHLY DESIRABLE SANTA MONICA POCKET steps from the beach, Montana Avenue, premium retail, and a mix of top-tier dining. Within a major medical corridor including UCLA Health and St Johns Health Center. VALUE ADD OPPORTUNITY nestled within a storybook style street scene lined with palm trees and well manicured courtyards. The property is beautifully landscaped and designed for privacy, centered around a middle garden.*Bungalow-style units with modern finishes and private access. Prime walkable location delivering Santa Monica's best in retail, transit, and coastal access. Ideal for discerning buyers seeking a low-maintenance asset with authentic character and lifestyle perks. Central laundry room + in unit washer/dryers (in front duplex). Addition of ADUs possible with conversion of garages (buyer to verify).
Unlock the potential of this trophy 4-plex located on one of Santa Monica's most desirable tree-lined streets. This rare offering provides unmatched flexibility for investors, developers, or owner-users, with two units delivered vacant at close of escrow perfect for immediate rental income or personal use. The property features a detached front home with a generous private front yard, ideal for creating a tranquil retreat or elevated outdoor space. Beyond the yard, a shared courtyard connects to three additional units and a 4-car garage, with ample parking both behind the garage and in the front driveway an incredible perk in Santa Monica, where parking is always in demand. This location truly delivers the best of coastal living with easy access to world-class dining, shopping, and entertainment, plus Santa Monica's iconic beaches, parks, and highly rated schools. Whether you're looking to live in one unit while generating strong income from the others, or to redevelop and maximize the property's potential, this is a rare opportunity to secure a high-demand asset in a neighborhood with lasting value.
A timeless haven where old-world elegance meets the ease of modern living. Behind its fully enclosed gates lies a secluded sanctuary with mature landscaping , a private oasis designed for comfort, beauty, and peace. Ideal owner user. Three detached units. Front house (2019) is a 2BR/2/BA with spacious enclosed front yard with pavers, remodeled kitchen, mini-split and new roof. Middle house (2019 1/2) is a 1BR/1.5BA with a fenced private yard. Rear house (2017) is a 2BR/1BA with a fenced private yard. All units have hardwood floors, remodeled kitchens with quartz countertops and new appliances and private washer and dryer. Convenient location in rapidly gentrifying but Santa Monica's most affordable neighborhood.
Property consists of two separate structures, a double-car garage plus eight open parking spaces serviced by a rear alley. The front building has five units including one 3 BD/1 & 1/2 BA unit and four 2BD/1BA units. The rear building is a 2 BD/1 BA single family house. Great rent income upside on tenant turnover.
1117 6th Street presents a rare opportunity to acquire a well-located, 27-unit multifamily asset in the heart of Santa Monica, just six blocks from the beach and three blocks to the world-renowned 3rd Street Promenade. Built in 1971 and offered for sale for the first time in over 40 years, the property spans approximately 29,535 square feet on a 14,800 square foot lot and offers an ideal unit mix for the local tenant base: nine (9) 1-bedroom/1-bath units, ten(9) 1-bedroom/1.5-bath units with dens, six (7) 2-bedroom/2-bath units, and two (2) 2-bedroom/2-bath units with dens. Many units feature spacious floorplans, ample closet space, and extra storage. The building has undergone recent capital improvements, including a new roof installed just two years ago and completed balcony inspections and repairs, reducing near-term capital needs. Residents enjoy 40 gated garage parking spaces, controlled-access entry, onsite laundry facilities, and an elevator, all of which enhance tenant convenience and retention. The property is attractively priced at under $400 per square foot, offering investors significant value relative to comparable assets in this supply-constrained coastal market. With stable in-place income and meaningful upside through interior renovations and tenant turnover, 1117 6th Street presents a compelling blend of immediate cash flow and long-term appreciation potential. Situated in one of Southern California's most desirable rental markets with access to retail, dining, employment centers, and transit this asset is well-positioned for investors seeking a well-maintained building with growth potential.
This is a value add investment opportunity in a great location. The property features a mix of studios and a 2-bedroom unit with abundant outdoor space and on-site parking. As an investment, the property offers investors an incredible value add opportunity. With approximately 20% upside in rents, an investor can implement a strategic interior and exterior renovation with the goal of increasing rents and taking advantage of the strength of the Santa Monica market. A detached garage provides excellent potential to create an ADU. The property also features coin operated laundry on-sire.
1118 9th Street is a well-maintained, ten-unit apartment building in an A+ North of Wilshire Santa Monica location- less than a mile from the beach and walking distance to boutique shopping and everyday conveniences. Built in 1967 with a wood-frame and stucco construction, the property features an ideal mix of five one-bedroom/one-bath, one two-bedroom/one-and-a-half-bath, and four two-bedroom/two-bath units, appealing to a wide range of renters. Amenities include gated entry, on-site laundry, and on-premises parking, including a two-car garage plus eight additional spaces. With several units rented well below market, the property offers dependable long-term income growth through natural turnover and renovations- a rare opportunity to acquire an irreplaceable asset in one of Southern California's most coveted rental markets. Surrounded by vibrant neighborhood favorites including Father's Office, Fia, The Courtyard Kitchen, and morethis asset is also a short walk to Montana Avenue's upscale boutiques and cafs (like La La Land Kind, Primo Passo, and Le Caf de la Plage) and just steps from the iconic Third Street Promenade, offering an unmatched walkable lifestyle to restaurants, shops, and entertainment. First time on the market in 50 years.
PRIVATE PROPERTY. TOURS BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. 522 - 532 Idaho Avenue is a boutique six-unit multifamily investment opportunity located in the heart of Santa Monica's coveted Wilshire-Montana neighborhood. Just one block south of Montana Avenue and six blocks from Palisades Park and Santa Monica Beach, this property offers a rare combination of location, charm, and long-term upside in one of Southern California's most desirable coastal submarkets. Built in 1922, and with major renovations completed in 2025, the property features six 1-bedroom, 1-bathroom bungalow-style units across three separate structures, totaling approximately 3,360 SF of rentable space on a 7,480 SF corner lot. Zoned SMR2, the site benefits from legal non-conforming density and will be delivered with two vacant units, allowing for immediate value-add execution. Current rents are below market, with an estimated 22% rental upside. Offered at $2,700,000, the asset reflects a 4.50% cap rate on current income and a 5.80% cap rate on pro-forma rents. The projected market GRM is 11.89, compared to the current 14.01, highlighting the opportunity for income growth through renovations and lease-up. Recent upgrades include modernized kitchens and bathrooms, new flooring, in-unit washer/dryers, and custom closets. Exterior improvements include new landscaping, fencing, irrigation, and paint, enhancing curb appeal and tenant experience. Located within walking distance to Montana Avenue, Downtown Santa Monica, Santa Monica Beach and Pier, and major employers, with easy access to PCH and I-10, this property benefits from proximity to natural attractions and lifestyle amenities that consistently drive tenant demand in 90403.
PRIVATE PROPERTY. TOURS BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. 522 - 532 Idaho Avenue is a boutique six-unit multifamily investment opportunity located in the heart of Santa Monica's coveted Wilshire-Montana neighborhood. Just one block south of Montana Avenue and six blocks from Palisades Park and Santa Monica Beach, this property offers a rare combination of location, charm, and long-term upside in one of Southern California's most desirable coastal submarkets. Built in 1922, and with major renovations completed in 2025, the property features six 1-bedroom, 1-bathroom bungalow-style units across three separate structures, totaling approximately 3,360 SF of rentable space on a 7,480 SF corner lot. Zoned SMR2, the site benefits from legal non-conforming density and will be delivered with two vacant units, allowing for immediate value-add execution. Current rents are below market, with an estimated 22% rental upside. Offered at $2,700,000, the asset reflects a 4.50% cap rate on current income and a 5.80% cap rate on pro-forma rents. The projected market GRM is 11.89, compared to the current 14.01, highlighting the opportunity for income growth through renovations and lease-up. Recent upgrades include modernized kitchens and bathrooms, new flooring, in-unit washer/dryers, and custom closets. Exterior improvements include new landscaping, fencing, irrigation, and paint, enhancing curb appeal and tenant experience. Located within walking distance to Montana Avenue, Downtown Santa Monica, Santa Monica Beach and Pier, and major employers, with easy access to PCH and I-10, this property benefits from proximity to natural attractions and lifestyle amenities that consistently drive tenant demand in 90403.
Invest in one of Santa Monica's most sought-after corridors. Located in the heart of Wilshire-Montana on a charming tree-lined stretch of 12th Street, this 10-unit apartment building offers a desirable mix of 1-bedroom, and 2-bedroom units. New Roof, new gutters and new sub-panels in 2024 and 2025. Tenants enjoy immediate access to the vibrant offerings on Montana Avenue just a few blocks away, where boutique shopping, cozy cafes, and some of the Westside's best dining create a true neighborhood experience. Easy access to Palisades Park and the beach. This is an ideal opportunity for investors seeking long-term value in a trophy coastal location with consistent tenant demand, well-maintained interiors, and the potential for rent upside. One unit delivered vacant.
11-Unit Apartment for sale in desirable Santa Monica neighborhood! North of Santa Monica Blvd., across the street from the Santa Monica UCLA Hospital and related medical buildngs. Strong unit mix with market rents reported by owner. Pride of Ownership shows
A marvelous investment opportunity located in the prime city of Santa Monica! Just off the Montana Ave and 19th St intersection, this two-story 7,180-sqft building has had Soft-Story Retrofit completed per LADBS requirements, five 3-bedroom and one 2-bedroom units for a total of six units, and comes with on-site covered parking enough for 6-cars with single garages at the rear of the building. Has a massive upside in rents, great for owner user or investors to add to their portfolio. Perfectly situated down the street from Trader Joe’s, Pavilions, and the Aero Theater, plus close to a variety of trendy shops, eclectic dining, entertainment, the bustling Santa Monica Boulevard, and just minutes away from the beautiful SoCal beaches!
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.
