90403 Homes with Apartment Subtype

Located in the beautiful city of Santa Monica, California, the zip code 90403 is a highly sought-after area for real estate. Situated in Los Angeles County, this region offers a desirable mix of urban convenience and coastal charm.

One of the attractive features of the homes in this area is the availability of apartments. With the subtype of "Homes with Apartment," residents have the option to live in a spacious home with the added benefit of having an apartment within the property. This setup is perfect for those seeking additional income by renting out the separate apartment or for multi-generational families who want to live together while still maintaining some privacy.

The homes in 90403 offer a variety of architectural styles, from charming bungalows to modern townhouses. Many properties boast well-maintained gardens and outdoor spaces, allowing residents to enjoy the beautiful California weather.

Living in this zip code provides residents with easy access to a wide range of amenities. Within close proximity, you'll find trendy restaurants, boutique shops, and world-class entertainment options. The famous Santa Monica Pier and its iconic Ferris wheel are just a short distance away, offering endless fun for residents of all ages.

Additionally, the proximity to the Pacific Ocean means residents can enjoy the beach lifestyle, with opportunities for surfing, sunbathing, and leisurely walks along the shoreline. The area also offers excellent schools, making it an ideal location for families.

With its prime location, variety of housing options, and abundance of amenities, 90403 is an exceptional place to call home. Whether you're looking for a property with an apartment or a traditional single-family home, this zip code has something to offer for everyone.

Newest 90403 Homes with Apartment Subtype

$4,075,000

SR26204863 MLS ⋅ Active Status

The Fifth & Montana is a 10-unit multifamily property located at 848 5th Street in Santa Monica's Wilshire-Montana neighborhood, approximately one block south of Montana Avenue. The property comprises two buildings featuring a diverse unit mix, 12 parking spaces serving 10 units, landscaped common areas, and convenient access to Montana Avenue's shopping, dining, and neighborhood amenities. Built in 1956 and 1964, the property comprises two buildings totaling approximately 7,192 square feet on an approximately 7,492-square-foot lot. The unit mix includes three studios, six one-bedroom residences, and a townhome-style three-bedroom, three-bath front residence. The three-bedroom residence features generously sized bedrooms and bathrooms, a fireplace, washer/dryer hookups, a large private deck, and a spacious residential-style layout. The property provides 12 parking spaces, including seven subterranean spaces and five rear alley garage spaces. Six of the ten units have undergone renovations, including three remodeled since 2024. Additional property improvements include a roof overlay completed in early 2024, Vulkem deck work completed in 2023, exterior painting, and staircase improvements. Select residences feature updated kitchens and bathrooms, stainless steel appliances, hardwood-style flooring, exposed-beam ceilings, and outdoor space. Additional amenities include a dedicated laundry room and landscaped common areas. Located in Santa Monica's Wilshire-Montana neighborhood, The Fifth & Montana offers convenient access to Montana Avenue's restaurants, cafes, boutiques, retail establishments, and neighborhood services. Nearby destinations include Palisades Park, the Santa Monica coastline, Downtown Santa Monica, Third Street Promenade, and Santa Monica Place. The surrounding area provides access to shopping, dining, recreation, public transportation, and major Westside employment centers. The property also has a reported 95 Bike Score (Biker's Paradise) and 84 Walk Score (Very Walkable).

848 5th Street, Santa Monica

$5,199,000

SB26194031 MLS ⋅ Active Status

An exceptional opportunity to acquire a meticulously remodeled 11-unit apartment building in one of Santa Monica’s most coveted North of Wilshire locations. 1017 5th Street offers the rare combination of a true trophy-quality location, high-end renovated units and investment returns that are exceedingly difficult to find in prime Santa Monica. Offered at $5,199,000, the property generates a compelling 5.75% current cap rate and 12.39 GRM, providing investors with unusually strong in-place cash flow for an asset of this quality and location. The investment becomes even more compelling on pro forma rents, reaching approximately a 7.13% cap rate and 12.39 GRM, with roughly 19% remaining rental upside. The property has undergone extensive upgrades and features beautifully remodeled, high-end units designed to attract Santa Monica’s premium renter base. This is not a heavy value-add project requiring years of construction, tenant turnover and capital expenditures. The work has largely been done, creating an exceptionally easy-to-own and easy-to-manage asset with strong income from day one.

1017 5th, Santa Monica

$7,395,000

SR26186919 MLS ⋅ Active Status

Price Just Reduced - The Idaho & 3rd Apartments are a well maintained 20-unit apartment community located in the primest of prime locations in Santa Monica, California. Set amid lush surroundings on a 15,006 square foot lot, the 15,640 square foot property offers studios, one- and two-bedroom apartment homes. Built in 1954, the property offers, a phenomenal rental location and superb freeway access. Highlights: * Prime Prime Prime Location * Two Blocks to Palisades Park * 10%+ Upside in Rents on * As Is Condition * Renovation & Reposition Opportunity

222 228 Idaho, Santa Monica

$3,100,000

SB26051364 MLS ⋅ Active Status

The subject property (Lincoln Park Apartments) is a Classic 1950's two story walkup apartment building with 10 units. There are 3 two bedroom units, 5 one bedroom units, and 2 Studio apartments. The property features a gated central courtyard for access to the common area and entry for all of the units. There is a laundry room on site and 7 parking garages, in addition to the front parking area for 3 more vehicles. Future potential for ADU conversion of the garages. The units are subject to City of Santa Monica Rent Control and all units are below market with upside in rental income as units turnover. The property is in one of the most desirable areas of Santa Monica, just north of Wilshire Boulevard across from beautiful Reed Park which encompasses a full city block and has picnic tables, benches, basketball courts, public and private tennis courts. This quiet apartment complex is a short walk or bike ride to, 3rd Street Promenade with it's many shops and restaurants, the park along Ocean Avenue, Santa Monica State Beach, and The Santa Monica Pier. Properties in this area rarely become available, and are in high demand.

1129 Lincoln Boulevard, Santa Monica

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

90403 Homes with Apartment Subtype

Newest 90403 Homes with Apartment Subtype

How much is your home worth?

How much is your home worth?