BEST PRICED UNIT ON OCEAN AVE! MOTIVATED SELLER! LOWEST PRICE PER FOOT! BRING ALL OFFERS! Experience elevated living in this breathtaking FULL SERVICE 19-story high-rise overlooking the stunning Santa Monica coastline. This 3rd level contractor special features 3 bedrooms and 3 baths, offering an incredible opportunity to CREATE YOUR DREAM BEACHSIDE home. With beautiful views of the garden, city, palm trees, and ocean, you'll feel connected to the California Beach Lifestyle. Relax on your private balcony and soak in the serene surroundings. Flooded with natural light, this 3-bedroom corner unit represents an exceptional value in one of the most desirable locations. Bring your designer and make this your ultimate coastal retreat. Located in Santa Monica on the border of the Pacific Palisades, this full-service building offers 24-hour valet parking, round-the-clock security, a resort-style pool, spa, and a state-of-the-art gym. Convenience is truly at your fingertips.Don't miss out on the opportunity to make this exquisite residence your own and indulge in a lifestyle of unparalleled beauty and sophistication. Your dream home awaits! ***Motivated Seller***
ASSUMABLE FINANCING of approximately $3,550,000 @ 3.3% per annum for approx. 7.5 years, amortized over 30 years. Listed at $400,000 below the last sale. Exceptional 9-unit apartment building just 3 blocks to the beach. Seven of the nine units have been significantly renovated, including central heat/air, in-unit washers/dryers, appliances, kitchen and bathroom remodels, and contemporary flooring. Extensive exterior restoration including landscaping, all new windows, smooth re-stucco, hardware, front doors, handrails, new concrete parking surfaces, new electrical panel and meters, and much more. Unit mix features five 1-bedroom units and four 2 bedrooms, 2 bath units, 2 of the units having a penthouse like feeling with private ocean view decks. There are one long-time tenant paying a miniscule of their market-value. Unit #2 with previous low paying tenant has just been vacated and is now vacant. Will need updating. Current ownership has NOT offered these the other low paying tenant cash for keys. 16 off-street parking spaces.
Situated in the picturesque Ocean Park neighborhood of Santa Monica, 2306 3rd Street stands as a rare gem for investors seeking a prestigious addition to their portfolio. Sitting on a double lot, this legacy 12-unit property features an eclectic mix of residential options, including (1) 4-unit building, (1) duplex, (1) single-family residence with an attached studio, and (4) detached bungalows. With a unit mix of (3) 2-bed/1-bath, (8) 1-bed/1-bath, and (1) studio, the property offers a total of 7,937 square feet of rentable space on a generous 12,703 square foot lot. Boasting a 4.47% CAP rate and a market CAP rate of 6.67%, the investment potential is substantial. Residents enjoy the perfect blend of comfort and convenience, enhanced by the property's prime location. Positioned just blocks from the beach and within walking distance of top-tier retail and restaurants, 2306 3rd Street benefits from its enviable location between Venice Beach and Downtown Santa Monica. Whether you're seeking steady returns or aiming to capitalize on the area's dynamic growth, this property represents a compelling opportunity in coveted location.
Courtesy: Keller Williams Coastal Prop.
Huge price reduction!!!! We are pleased to offer for sale an incredibly rare multifamily asset at 537 San Vicente Blvd. in the heart of LA's famed beach city of Santa Monica. Originally built in 1957, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. There is significant rental upside, and on-site parking for 33 cars (and a wrap around driveway for additional parking), an on-site laundry facility and beautiful sparkling pool. The unit mix includes (19) 1-bed, 1-bath units, and (14) 2-bed, 2-bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A quick walk to Montana Avenue and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
5-Unit Multifamily Investment Opportunity in Prime Santa Monica. This exceptional property offers a rare opportunity in an unbeatable Santa Monica location, just moments from the iconic Santa Monica Pier, Venice Beach, and the area's stunning coastline. With a current 5.00% cap rate and 13.06 GRM, there is upside potential to increase to a 5.48% cap rate and 12.27 GRM. Property Highlights* Front Duplex-Perfect Owner Occupy Unit: Features a spacious 3-bedroom, 3-bathroom unit, perfect for owner occupancy (currently vacant). It offers flexibility to be used as a 2-bedroom, 2-bath unit with a 1-bedroom, 1-bath unit, each with private entrances, fireplaces, and patios. * Studio Unit: Includes a large private deck, ideal for added comfort and outdoor enjoyment. * Rear Units: Two well-sized 1-bedroom, 1-bath units (600 SF each) (one of which is currently vacant) and one Bachelor unit. * Additional Amenities: A shared laundry room, four enclosed garages, and beautifully maintained grounds. All units boast separate entrances, hardwood floors, and tasteful finishes throughout. The property features 100% copper piping, an upgraded electrical panel, and offers spacious, well-appointed interiors in each unit. This is an incredible opportunity for investors or an owner-user seeking a flexible living arrangement in the highly desirable area of Santa Monica.***Owner-User Opportunity: The vacant 3-bedroom, 3-bathroom front unit is perfect for an owner-user, offering the flexibility to live in a spacious 2-bed***Prime Santa Monica Location: Moments from the Santa Monica Pier, Venice Beach, and the vibrant local lifestyle.***Modern Upgrades: Property features 100% copper piping, an updated electrical panel, a shared laundry room, four enclosed garages, and beautifully main***Upside Potential: Current 5.00% cap rate and 13.06 GRM with potential to achieve 5.48% cap rate and 12.27 GRM.***Spacious Units: All units are generously sized and include hardwood floors, separate entrances, and tasteful finishes.***CONTACT US FOR AN OM***
Courtesy: Carolwood Estates
Price Improvement! First time to market in over 60 years! Beautiful, income generating 16-unit apartment complex spanning two lots in Santa Monica. The apartments in the complex open up to a large grass courtyard bathed in California sunshine. The spacious property also lends itself to a potential for development in the heart of Santa Monica. On the boarder of Downtown and Midcity Santa Monica, this complex is surrounded by restaurants and shops, and just minutes from the beach and 10 Freeway. Two parcels totaling: approximately ~14,990 square feet of land and ~6,480 square feet of building per the assessor.
Architecturally stunning condo with incredible coastline and water views situated directly on the sand. Spoil yourself with the daily spectacle of stunning sunsets turns everyday living into a vibrant, colorful experience. In the evening, enjoy the unobstructed views of the illuminated Santa Monica Pier and its iconic Ferris wheel. Unit features an open floor plan with walls of windows, the gourmet kitchen is equipped with a Sub-Zero refrigerator and Jenn-Air cook top, fab fireplace, laundry room, central heat/ac and 2 car pkg s/s along with visitor parking. So many things to do: enjoy the bike path, the ocean, or grab your umbrella for an intimate soiree on the sand. Next door to the Annenberg Community Beach House and the popular dining at "Back on the Beach" Cafe. A dreamy coastal lifestyle on Palisades Beach Road, where the Pacific Coast Highway meets the Santa Monica shoreline. This is the ultimate in beach living. Dreams do come true!
Meticulously remodeled condo in coveted pedestrian friendly Santa Monica, 1/2 block South of Montana Ave. No detail is overlooked! This impeccable modern residence offers 2 spacious bedrooms and 2 bathrooms with a carefully thought out open floor plan that is smart home ready and prewired for network cabling! The living room is drenched in natural sunlight with white oak wood floors that open up to a chefs kitchen with brand new quartz countertops, high end stainless steel appliances, touchless kitchen faucet, and soft close oak custom rift cut cabinetry. Other features include custom window treatments, a multi-zone A/C cooling system, newly installed recessed lighting,fully built out bedroom closets, in unit laundry,tons of storage space. One of the owners has a valid CA Real Estate license. Buyer to cooperate iwth sellers 1031 tax deferred exchange at no additional cost to buyer.
Courtesy: J. D. Realty Company
Discover this fully remodeled California Bungalow building in the coveted area of Santa Monica. There are Five units. All Units are tastefully Upgraded and offer a comfortable and modern living experience. Make your way inside and be greeted by restored wood flooring. Main House with its beautifully redesigned bathroom and standup glass shower enclosure adding a touch of elegance and functionality to your daily routine. All units stands apart as it has no attached walls, offering a sense of privacy and tranquility that feels more like a standalone home. The main house is vacant and great for Owner users. All Units are totally remodeled with New Bathroom and done Showers. In unit Washer and Dryer in the Three Units. Separate two other Studio upstairs and they are Sharing community washer and Dryer. Four Cover Parking garage spaces with alley access. Phenominal Location with easy access to some many top dining, markets, parks, and schools. Embrace the vibrant Santa Monica lifestyle with all the amenities and conveniences at your fingertips. Don't miss the opportunity to call this beautiful building a home and a fantastic generational investment vehicle.
This enchanting cottage combines the best of historical charm and modern convenience. Whether you're drawn to its proximity to the beach, the vibrant local scene, or the serene community setting, this property promises a lifestyle rich in comfort and character. Don't miss the chance to own a rare gem in a highly sought-after location. Step into a cozy, one-bedroom cottage that exudes historic charm. This 1 bedroom with the additional den offers the potential to easily convert into a second bedroom, providing flexibility to suit your needs. Charming eat in kitchen. Large remodeled bathroom that could easily service the 2nd bedroom if you decide to convert the den. Inside laundry. Additional attic storage space. The home features hardwood floors throughout. Inviting front porch is perfect for enjoying the ocean breezes, offering a tranquil space to unwind and relax. There are ocean views from the community courtyard, enhancing the serene atmosphere. Just a short 5-block stroll to the beach, making it easy to enjoy sun, sand, and sea. Exclusive gated community on a street to street lot, Hollister Court features 13 unique free-standing bungalows, each with its own charm. This property is under the Mills Act, a testament to its historical value and significance. This designation ensures that property taxes remain exceptionally low. It has a very desirable location, just 3 blocks from the lively Main Street, where you can explore an array of shops, delightful restaurants, and cozy coffee shops. Adjacent to Hotchkiss Park with its sloping lawn and tall pine trees. Enjoy easy access to bike paths, tennis courts, and the iconic Santa Monica Pier, providing endless opportunities for leisure and recreation. Transportation is convenient with it's proximity to public transportation including the Metro Line, making commuting and exploring the surrounding areas effortless. The gated community of Hollister Court offers a sense of charm, security and exclusivity, with beautifully maintained bungalows, tropical landscaping and a friendly atmosphere. These historic properties are seldom available, making this a unique opportunity to own a piece of history.
This enchanting cottage combines the best of historical charm and modern convenience. Whether you're drawn to its proximity to the beach, the vibrant local scene, or the serene community setting, this property promises a lifestyle rich in comfort and character. Don't miss the chance to own a rare gem in a highly sought-after location. Step into a cozy, one-bedroom cottage that exudes historic charm. This 1 bedroom with the additional den offers the potential to easily convert into a second bedroom, providing flexibility to suit your needs. Charming eat in kitchen. Large remodeled bathroom that could easily service the 2nd bedroom if you decide to convert the den. Inside laundry. Additional attic storage space. The home features hardwood floors throughout. Inviting front porch is perfect for enjoying the ocean breezes, offering a tranquil space to unwind and relax. There are ocean views from the community courtyard, enhancing the serene atmosphere. Just a short 5-block stroll to the beach, making it easy to enjoy sun, sand, and sea. Exclusive gated community on a street to street lot, Hollister Court features 13 unique free-standing bungalows, each with its own charm. This property is under the Mills Act, a testament to its historical value and significance. This designation ensures that property taxes remain exceptionally low. It has a very desirable location, just 3 blocks from the lively Main Street, where you can explore an array of shops, delightful restaurants, and cozy coffee shops. Adjacent to Hotchkiss Park with its sloping lawn and tall pine trees. Enjoy easy access to bike paths, tennis courts, and the iconic Santa Monica Pier, providing endless opportunities for leisure and recreation. Transportation is convenient with it's proximity to public transportation including the Metro Line, making commuting and exploring the surrounding areas effortless. The gated community of Hollister Court offers a sense of charm, security and exclusivity, with beautifully maintained bungalows, tropical landscaping and a friendly atmosphere. These historic properties are seldom available, making this a unique opportunity to own a piece of history.
Back on the Market - One Unit will be Delivered Vacant - This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7 unit investment property (1850 9th street to be acquired separately) . 1856 9th St. consists of a 4 plex with the following unit mix 2, one-bedroom, one-bathroom units and 2, two bedroom, one bath units there is a two car garage that is attached to the rear unit. These units are situated on a large 7,283 sq. ft. lot, zoned R2. The value-add opportunity would be to acquire the adjacent property to add additional parking, build an ADU or combination thereof.
Back on the Market - Owner User Opportunity (one unit to be delivered vacant) & A great value-added investment opportunity for an investor to acquire a double lot, 7 unit investment property (1856 9th street to be acquired separately) . This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. 1850 9th St. consists of 3, one-bedroom, one-bathroom units and is situated on a large 7,232 sq. ft. lot, zoned R2. One of the one-bedroom units, with laundry, will be delivered vacant. The site has a large vacant area at the rear of the property. The value-add opportunity would be to add additional parking, build an ADU or combination thereof.
Courtesy: Re-Search Concept
Spectacular Head-on Ocean, Whitewater, Coastline, Mountain and Sunset unobstructed Views from this beautiful, updated 1 bedroom home at the sensational Ocean Towers! Wood floors throughout with a lovely kitchen and bathroom and explosive Views from every room! Floor to ceiling sliding glass doors extend the living room to an extra-large Balcony for enjoying your morning coffee and to take in the breadth and beauty of the astounding views, sunshine, ocean breezes. Ocean Towers is Ocean Avenue's only Full Service, Full Amenity Building delivering an unparalleled lifestyle with exceptional amenities, and an extraordinary location at the North end of Ocean Avenue across from the bluffs and our exquisite coastline. When you arrive at Ocean Towers, a lovely porte cochre welcomes you & you're transported to a world of sumptuous amenities and 1st class service with a Valet, Doormen and 24 hour Concierge. Work out in the state-of-the-art fitness center that overlooks the Pool and Spa, entertain in the Community Center or relax in your own private residence and watch the Sunset on the lovely oversized Terrace. Whatever your lifestyle, it's welcome here. Moments to Montana's fine dining and boutiques and just across from the crystal blue ocean and white sandy beaches. This is Santa Monica at its finest.
1802 Ocean Park Blvd, located in the Sunset Park neighborhood of Santa Monica is a pride of ownership seven-unit, 5,968 sq. ft., apartment building situated on a 6,905 sq. ft., lot zoned SMR3 built in 1949. The property consists of (4), 2 bedrooms, 1 bath unit located in the front building. Each unit has a spacious kitchen, washer dryer hook-ups and access to a rear service patio. The rear building consists of (2), 2 bedrooms, 1 bath units on the 2nd floor with (1), 1 bedroom, 1 bath until on the 1st floor. The building will be delivered with 5 units VACANT. The building has 6 parking garages of which 5 are currently rented. With its well-maintained exterior and stylish landscaped surroundings this building has great curb appeal which adds to the overall value of the property. The building's prime location adjacent to Sunset Park Village offers access to a great list of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a Southern California lifestyle. To name a few great shops and restaurants there are: Local Kitchen & Wine Bar, Thyme Cafe & Market, Brook Rod, Bob's Market, Love Coffee, Handel's Ice Cream and Santa Monica Yoga. The educational school include, Little Dolphin Preschool, Will Rogers Elementary, John Adams Middle School, and Santa Monica City College. For Value Add - Perfect opportunity to covert the garage into ADU's - Possibly 2!
1446 & 1448 Yale Street is a seven-unit 3,725 net rentable SF property located in Santa Monica. The unit mix consists of (1) x Studio/1 Bath unit and (6) x 2 Bed/2 Bath units. Zoned R2, the property sits on a 9,000 SF lot. Originally built in 1946, the property has been recently completely renovated. Onsite amenities include gated glass entry, lush landscaping, courtyard with a BBQ, and fully-equipped kitchens with deluxe stainless steel appliances. The property includes a one-story building and a two-story building. There are five carport parking spaces, along with a multi-bike rack within the gated property. The property is located just southeast of Santa Monica Blvd. The 10 & 405 Freeways are located nearby. The Expo/Bundy Metro Station stop is located within 1.2 miles. For more information on Maximum Allowable Rents, please refer to the City of Santa Monica Housing Authority and Rent Control.
Prime retail space opportunity at 2011 Lincoln Blvd, Santa Monica! This high-visibility storefront, currently a motorcycle dealership, offers an exceptional location with significant traffic exposure on Lincoln Blvd. The property features a spacious showroom with wall-to-wall windows, high exposed ceilings, and a showcase gallery ambiance. It includes a service department and rear parking for added convenience. Ideal for retail businesses seeking maximum visibility and a modern, open layout. Don’t miss this chance to establish your business in one of Santa Monica’s most vibrant commercial corridors!
**Reduced to SELL!** Get excited about the best 2 bed/2 bath unit with unobstructed views of the Ocean on Ocean Ave. Both bedrooms, living area, and balcony have unobstructed views of the iconic Santa Monica Pier and Queens Necklace. Enjoy the prestigious lifestyle in one of the most favorable resort like living at Ocean Towers with breathtaking ocean, mountain, city views and mesmerizing sunsets to Point Dume and beyond. Full service building offering recreational amenities such as pool, spa, fitness room with sauna, meeting facilities, 24-hours concierge & security, valet parking, and maid service available upon request. Next to Santa Monica beach with activities all year around, parks, volleyball courts, walking and biking paths, grass areas for picnics and romantic strolls with breathtaking views and close proximity to high end shops and restaurants on Montana, Third Street Promenade and Ocean Ave. Spacious extensively remodeled with high end finishes with a great for entertaining floor plan, living and dining area with updated handsome wood flooring & a large balcony with incredible views of the ocean and Santa Monica mountains. State of the art high end electronics system & LED lighting. Modern kitchen with top of the line stainless steel appliances, custom made cabinetry with built-ins , upscale oven & microwave, and updated handsome wood flooring. Two master suites offering incredible views including a large master suite with luxurious bathroom with massaging jet tub and separate steam shower, dual sinks and large closets. Enjoy the Santa Monica Resort Lifestyle!!!
1446 & 1448 Yale Street is a seven-unit 3,725 net rentable SF property located in Santa Monica. The unit mix consists of (1) x Studio/1 Bath unit and (6) x 2 Bed/2 Bath units. Zoned R2, the property sits on a 9,000 SF lot. Originally built in 1946, the property has been recently completely renovated. Onsite amenities include gated glass entry, lush landscaping, courtyard with a BBQ, and fully-equipped kitchens with deluxe stainless steel appliances. The property includes a one-story building and a two-story building. There are five carport parking spaces, along with a multi-bike rack within the gated property. The property is located just southeast of Santa Monica Blvd. The 10 & 405 Freeways are located nearby. The Expo/Bundy Metro Station stop is located within 1.2 miles. For more information on Maximum Allowable Rents, please refer to the City of Santa Monica Housing Authority and Rent Control.
HUGE PRICE REDUCTION! 326 San Vicente Blvd. is a prestigious investment opportunity located in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an incredibly rare unit mix consisting of all extremely large 2-bedroom 2 bath units. Each of these units are extremely spacious and have a terrific floor plan. The property is situated on a massive half acre corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.08/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to Montana Avenue and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
UPDATED RENT ROLL SHOWS INCREASE IN TOTAL ANNUAL GROSS SCHEDULED INCOME OF $4,424. GRM CHANGE TO 13.79, CAP RATE TO 4.62. Charming 6 Unit Garden Apartment building on a tree lined street, covered gated parking off an alley, vaulted ceilings, hardwood floors and open floor plans. Most units have their own private patios. Front unit has its own two car garage. Laundry (washer and dryer) onsite. Recently landscaped, termite inspection and repair (October 2024), SB-721 inspection report, Santa Monica Residential Building report, main plumbing inspection and drain cap repair, Centrally located in Mid-City Santa Monica between Santa Monica Boulevard and Colorado Avenue you are near public transportation, commercial amenities, restaurants, shopping, banking and hospitals. Seller and listing agent do not represent or warrant the information herein. Prospective buyers and agents should independently verify all information.
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.
