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$6,000,000
26814807 MLS ⋅ Active Status
1637- 1651 Stanford Street presents a rare opportunity to acquire a +/- 23,134 square foot development site in one of Santa Monica's most supply-constrained and highly desirable locations. Comprised of four parcels and zoned SMLMSD (Santa Monica Light Manufacturing & Studio District), the property offers significant flexibility for residential, creative office, or mixed-use development. Preliminary plans have been explored for a 71-unit 100% affordable housing development, highlighting the site's ability to support meaningful density under current planning frameworks. With the continued evolution of California housing legislation, there is potential to further enhance density through programs such as the State Density Bonus Law, creating an attractive opportunity for developers seeking to maximize yield in a high-barrier-to-entry market. Located just minutes from the Water Garden, Bergamot Station, and major employers such as Oracle, Amazon Studios, and Red Bull, the site sits at the epicenter of Santa Monica's thriving creative and tech corridor. This prime positioning provides strong demand drivers for both residential and mixed-use projects.

1637 Stanford Street, Santa Monica

$3,799,000
4 Beds ⋅ 3 Baths ⋅ 26651121 MLS ⋅ Active Status
Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]

2709 Santa Monica Boulevard, Santa Monica

$3,799,000
26641799 MLS ⋅ Active Status
Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]*

2709 Santa Monica Boulevard, Santa Monica

$3,500,000
PW26157968 MLS ⋅ Active Status
Marcus & Millichap is pleased to present the opportunity to acquire 1833 19th Street, a five-unit apartment property in an outstanding Santa Monica rental location. Rare opportunity in this submarket for a new investor to reposition the asset and lease up at market rates. The property comprises two buildings and features a strong unit mix consisting of a spacious four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. The asset’s amenities package supports rental demand: private patio and yard space, in-unit laundry, and on-site parking. Ideally located just one block from Santa Monica College, the property benefits from consistent rental demand generated by students, faculty, and tenants seeking convenient access to employment centers throughout the Westside and the Westside lifestyle. Residents enjoy quick access to the beach and the renowned dining, shopping, and entertainment destinations that make Santa Monica one of Southern California’s most popular rental markets. With an outstanding current return and an exceptional location, 1833 19th Street represents a can’t-miss investment opportunity.

1833 19th, Santa Monica

$3,295,000
26842013 MLS ⋅ Active Status
A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7,500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 10,811 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.

1434 14th Street, Santa Monica

$3,295,000
3 Beds ⋅ 2 Baths ⋅ 26841783 MLS ⋅ Active Status
A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7,500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 10,811 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.

1434 14th Street, Santa Monica

$2,980,000
AR26033449 MLS ⋅ Active Status
We are proud to present a rare opportunity to acquire a well-located, 6 unit multifamily asset in the heart of Santa Monica, just a few blocks away from the beach. Built in 1963, the property spans approximately 7,763 square feet on a 7,485 square feet lot and boasts an exceptional unit mix of two 2-bedroom / 1.5-bath townhouse style units, three 3-bedroom / 2-bath units, and one 3-bedroom/1.5-baths townhouse -style unit. The units feature spacious floor plans and ample closet space. The well-maintained property is separately metered for gas & electric, serviced by a central water heater, and offers an on-site laundry facility, one 2-car garage with storage rooms, and five carport parking spaces with storage bins. In recent years, the property has had significant capital improvements including a newer roof, copper plumbing in most units, multiple updated electrical sub-panels, replacement of a complete full main sewer line, and a new water heater in the laundry room. Two units have been extensively upgraded to include individual tankless water heaters & in-unit laundry, upgraded flooring, new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances including gas stove, refrigerator, microwave & dishwasher, new bathrooms, dual pane windows, and new lighting. These upgrades address deferral maintenance, improve building functions, enhance tenant experience, and will meaningfully increase the long-term value & performance of the property. The current rent is still below the market, a new owner is presented with the opportunity to increase rent to market price upon vacancy and further increase rental income with complete unit renovations of remaining unrenovated units. Additionally, the architectural work for the back carport ADU conversion is completed and ready to pull permits. This project will create two rentable studio units and will significantly increase both property value and cash flow. With stable income in place and meaningful upside through interior renovations and tenant turnover, the property presents a compelling blend of immediate cash flow & long term appreciation potential. This is a rare chance to own a turnkey asset in one of the most affluent & high-demand rental markets in Southern California.

1813 9th Street, Santa Monica

$2,895,000
2 Beds ⋅ 3 Baths ⋅ 25605237 MLS ⋅ Active Status
HIGHER INCOME AND A 5.93 CAP FOR A PROPERTY EXEMPT FROM CITY RENT CONTROL!!! 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.

1411 Cloverfield Boulevard, Santa Monica

$2,600,000
10 Beds ⋅ 10 Baths ⋅ 26989859 MLS ⋅ Active Status
We are pleased to present 1434 15th Street, a 10-unit multifamily asset in Santa Monica's Mid-City neighborhood, one of the Westside's strongest and most consistent rentalmarkets.Built in 1957, the property is comprised entirely of ten 1-bedroom/1-bathroom units at approximately 650 square feet each, a clean, homogenous unit mix that simplifies underwriting,leasing, and ongoing management for the incoming owner. Several units have been extensively renovated with granite countertops, brand new appliances, new flooring, and freshpaint, including two units that are currently vacant and delivered at close of escrow, giving an incoming owner immediate, turnkey units to lease at market rents from day one. Current rents average $2,007 per unit against achievable market rents of $2,500 per unit, representing approximately 25% rental upside as the remaining below-market tenancies turn over, a compelling value-add story reflected in a current cap rate of 5.80% growing to a 7.85% pro forma cap rate. The building's exterior facade has just been freshly repainted, enhancing curb appeal and signaling pride of ownership while reducing near-term deferred maintenance exposure for the next owner. The property is fully parked, offering six spaces in the rear plus additional spaces at the front of the building, along with private garages fronting the street that are currently used for storage and present potential ADU conversion upside (buyer to verify with the City of Santa Monica). On-site laundry machines provide ownership with an ancillary income stream, and new electrical sub panels have been installed in select units, further reducing near-term capital exposure for the next owner. Mid-City is the second most walkable neighborhood in Santa Monica, carrying a Walk Score of 92, and sits a short distance from the Metro E Line at 17th St/SMC, Santa Monica College, and the retail and dining corridor along Wilshire Blvd, with the beach just over a mile away. This combination of transit access, daily amenities, and coastal proximity drives persistent tenant demand and low vacancy throughout the submarket.

1434 15th Street, Santa Monica

$2,595,000
10 Beds ⋅ 8 Baths ⋅ 26875531 MLS ⋅ Active Status
Owner-user income-property alternative to condominium ownership. This four-unit Santa Monica property includes a tenant-occupied front 3-bedroom townhouse and a vacant upper-level 3-bedroom residence - an uncommon opportunity for immediate owner occupancy with rental income from the balance of the property. At approximately $478/SF for the building, buyers should compare the total ownership economics with nearby condominium options, including usable space, rental income, operating costs, financing, and applicable rent regulations. Enjoy a central location approximately one-half block from Trader Joe's, Whole Foods, New York Bagel, O'Brien's Irish Pub, and everyday neighborhood conveniences. Buyer to independently verify all information, rents, expenses, square footage, zoning, permits, condition, financing availability, and tax implications.

1252 23rd Street, Santa Monica

$2,548,888
3 Beds ⋅ 4 Baths ⋅ 26994405 MLS ⋅ Active Status
*Don't let today's interest rates hold you back! Seller may consider buyer concessions, including potential interest-rate buydown options, subject to the terms of the offer and lender approval.* Live the Santa Monica lifestyle just moments from the beach in this stunning architectural residence that feels like a private single-family home. Located in a newer, modern building, this spacious 3-bedroom, 4-bath home offers approximately 2,700 sq ft of bright, open-concept living with high-end finishes and effortless indoor-outdoor flow. The unit was thoughtfully designed by AIA architect Jennifer Wen, reflecting a refined, modern aesthetic and carefully considered functionality throughout. Designed for both comfort and style, the home features soaring ceilings, oversized windows that flood the space with natural light, and a sleek contemporary layout ideal for entertaining. The gourmet kitchen opens seamlessly to expansive living and dining areas, creating an exceptional setting for everyday living and hosting. One of the home's most unique features is the expansive direct-access garage and basement level, offering flexible space ideal for a playroom, home office, gym, or creative studio. The property also includes side-by-side two-car parking with the ability to create a private, closed-door garage space, along with a dedicated EV charger hookup in the garage, providing both convenience and future-ready functionality. The building is thoughtfully designed with ADA-compliant elevator access and bathroom accessibility, enhancing ease of mobility and making the home more comfortable and functional for a wide range of residents and guests. Step outside to your private yard, an exceptional bonus in Santa Monica, perfect for relaxing, dining al fresco, or enjoying the coastal breeze. The landscaping is designed for low water usage, offering a beautiful outdoor environment with reduced maintenance and improved efficiency. Above, a spectacular 360-degree rooftop patio offers peek-a-boo ocean views and multiple areas for entertaining, outdoor dining, or soaking up the warm California sun. Additional highlights include solar panels for improved energy efficiency, modern bathrooms, designer details throughout, and thoughtful architectural elements that make the home both striking and highly livable. Ideally located near some of Santa Monica's finest shops and restaurants, and just a few blocks from a new Trader Joe's opening later this year, this residence combines modern design, functionality, and prime location in one exceptional offering.

1244 14th Street Unit A, Santa Monica

$2,500,000
14 Beds ⋅ 13 Baths ⋅ 26989915 MLS ⋅ Active Status
We are pleased to present a seven-unit multifamily investment opportunity at 1434 Berkeley St, located in Santa Monica's Mid-City neighborhood just south of Santa Monica Blvd, one of the Westside's most established and supply-constrained rental submarkets. The property offers a rare mix of large, townhouse-style units, uncommon for the submarket. Of the seven units, five are spacious two-bedroom, two-bath townhomes, one is a one-bedroom, one-bath unit, and one is a three-bedroom, two-bath unit, giving ownership a diversified rent roll across floor plans. The property provides seven on-site parking spaces, with five spaces in the rear and two tandem spaces at the front of the building, a meaningful amenity in a submarket where covered parking is limited. Most units feature granite countertops, copper plumbing, and individual washer and dryers, reducing near-term capital exposure for ownership. Newly installed garage gates in the rear of the building add a further layer of security and curb appeal. Built in 1964, the property totals approximately 8,390 square feet on a 7,807 square foot lot, with a small grass yard fronting the building along Berkeley St. Mid-City is Santa Monica's second most walkable neighborhood, carrying a Walk Score of 92. Residents are within walking distance of the Wilshire Blvd retail and restaurant corridor and Santa Monica College. The Expo Line's 26th St/Bergamot station provides direct transit access, connecting residents to Downtown Santa Monica, Downtown Los Angeles, and destinations throughout the Westside.

1434 Berkeley Street, Santa Monica

$2,500,000
13 Beds ⋅ 8 Baths ⋅ AR26162374 MLS ⋅ Active Status
Location location location! with desirable corner lot of a tree lined street, this spacious home was once hosted for college students. Downstairs you will find 7 bedrooms, 4 bathrooms, kitchen, laundry area. Upstairs you will find 4 bedrooms, 3 bathrooms, a 2nd dining room, living room and another kitchenette and laundry. The upstairs living area is also accessible via a separate exterior entrance. Other features include a custom tiled fireplace in the front living room, a large backyard accessible via French Doors from the rear entrance as well as a detached garage ADU that's a 2 bedrooms and 1 bathroom. With plenty of storage space that is accessible from the side street. This home is ideally suited for a large family or a group home setting that would benefit from the additional living areas and bedrooms. Buyers use your imagination at the different possibilities of this unique home. This is a wonderful value, at a very competitive price per square foot, for a spacious 13 bedrooms and 8 bathrooms Santa Monica home.

2851 Delaware Avenue, Santa Monica

$2,490,000
IV26173620 MLS ⋅ Active Status
5-UNIT SANTA MONICA INVESTMENT OPPORTUNITY | SELLER FINANCING Investors take note! Here’s a fantastic opportunity to acquire a 5-unit multifamily property in a desirable section of Santa Monica. The property offers tenant mix of four 2-bedroom/1-bath units plus one studio, offering an attractive unit mix in a highly desirable rental market. The studio offers additional flexibility for investment or owner use and features an updated kitchen with new appliances. Existing rents provide potential for long-term income growth. Parking is available for four units. Parking is available for four units. Seller financing offered with a minimum 50% down payment. Terms and buyer qualifications subject to seller approval. Conveniently located near shopping, dining, employment centers, transportation, and the many amenities of Santa Monica and the Westside. An excellent opportunity for an investor seeking a Santa Monica multifamily asset with immediate income and future upside. ** Some photos staged for illustrative purposes**

1646 Berkeley, Santa Monica

$2,450,000
SB26202547 MLS ⋅ Active Status
Rare 100% VACANT Santa Monica triplex in a prime 24th Street location just south of Wilshire, featuring a highly desirable detached front bungalow plus two rear income units. The front residence lives like a private single-family home, offering approximately 1,050 square feet with 2 bedrooms, 2 full bathrooms, living room, dining area, in-unit laundry, hardwood flooring, central heat and air, and a private outdoor deck/patio. The kitchen and baths have been tastefully updated with white Shaker cabinetry, quartz countertops, stainless steel appliances, and clean modern finishes. Ideal for an owner-user seeking a Santa Monica residence with income from the rear units, with potential owner-occupancy rent control advantages to be independently verified. The front home also includes secure covered parking for two vehicles, garage door opener, storage cabinetry, and gated/passcode access from the carport. Rear Unit A is a two-story 2 bedroom, 1.5 bath apartment of approximately 960 square feet, with living room, kitchen, and powder room on the first level and two bedrooms plus full bath upstairs. Rear Unit B is an upstairs 2 bedroom, 1 bath apartment of approximately 930 square feet with an open living/kitchen layout. Both rear units have been recently updated with wood look luxury vinyl plank flooring, Shaker-style cabinetry/vanities, quartz countertops, tile finishes, and stainless steel appliances. Each rear unit has two covered carport parking spaces with extra storage, and both share a ground-level laundry room. Recent property improvements include a new roof, sewer lines, plumbing, security gate, cameras, interior/exterior paint, and other thoughtful upgrades. Outstanding Santa Monica location near Trader Joe’s, Whole Foods, Douglas Park, St. John’s Health Center, The Water Garden, McKinley Elementary, and nearby Metro access.

1224 24th, Santa Monica

$2,350,000
8 Beds ⋅ 6 Baths ⋅ 26875689 MLS ⋅ Active Status
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).

1231 17th Street, Santa Monica

$2,300,000
15 Beds ⋅ 13 Baths ⋅ 26876171 MLS ⋅ Active Status
1507 Berkeley Street presents a rare opportunity to acquire a boutique 7-unit townhome-style multifamily property in an A+ Mid-City Santa Monica location adjacent to Brentwood. Built in 1964, this attractive two-story property combines the privacy and residential feel of townhome living with oversized two- and three-bedroom floor plans in one of the Westside's highest-demand coastal rental markets. The property is part of an A+ located, five-building Westside portfolio totaling 60 units, available for acquisition individually or together as a portfolio. A defining feature of 1507 Berkeley Street is its two-story townhome-style design, with each residence benefiting from its own separate, private ground-level entrance, and select units featuring private outdoor patios. The property offers an exceptional unit mix consisting entirely of large two- and three-bedroom residences averaging approximately 1,106 square feet per unit, including one 3BR/1.5BA unit, five 2BR/1.5BA units and one 2BR/1BA unit. These spacious floor plans, combined with private entrances and select outdoor space, provide a compelling alternative to traditional apartment living. The property offers approximately 40% remaining rental upside, creating a significant opportunity for new ownership to increase income as units turn and rents are repositioned over time, within a supply-constrained coastal market. Additional property features include separately metered gas and electric, on-site parking consisting of a 2-car garage, (2) driveway spots and (5) covered spaces, and a completed seismic soft-story retrofit. Located in the heart of Mid-City Santa Monica and immediately adjacent to Brentwood, the property offers residents exceptional access to both communities. 1507 Berkeley Street is within walking distance of Erewhon, Bristol Farms and the restaurants, retail and nightlife along Santa Monica Boulevard, with convenient access to the beach, Downtown Santa Monica, West Los Angeles and the broader Westside. Note: The other properties comprising the five-building Westside portfolio are 1833 Westholme Avenue (16 units), 1811 S. Bentley Avenue (15 units), 1524 Granville Avenue (10 units), and 1518 & 1524 12th Street (12 units). The properties are available for acquisition separately or together as a portfolio.

1507 Berkeley Street, Santa Monica

$2,260,000
6 Beds ⋅ 5 Baths ⋅ 26841091 MLS ⋅ Active Status
"Exceptional turnkey 4-UNIT INVESTMENT OPPORTUNITY in a prime Santa Monica location with stunning Mountain and sunset views. Ideally situated near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade. This highly desirable location supports enduring tenant demand and long-term value appreciation, with easy access to shopping, dining, entertainment, and public transportation. Extensively renovated and thoughtfully upgraded, this income-producing property ( GREAT CASH FLOW ) consists of a REMODELED TRIPLEX plus a NEWLY BUILT legal 2-bedroom, 2-bath ADU, offering strong rental demand, stable income generation, and compelling long-term investment potential. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, hardwood flooring and or vinyl plank, dual-pane windows, fresh interior paint, new heaters, and modernized interiors throughout. Each unit features stainless steel appliances including an in-unit washer and dryer, dishwasher, built-in microwave, gas range, and refrigerator. Additional interior upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and designer Edison-style fixtures. These significant upgrades help support tenant satisfaction while reducing near-term maintenance concerns, enhancing the property's appeal as a well-positioned investment asset. The lower front unit enjoys a spacious private patio with panoramic city and Santa Monica Mountain views. Residents also benefit from a large shared rear patio and five onsite parking spaces, amenities that contribute to continued tenant desirability and rental strength. ALL UNITS ARE CURRENTLY TENANT OCCUPIED , providing immediate rental income and operational continuity for investors. DO NOT DISTURB TENANTS. Inside with an accepted offer, no exceptions! Call agent for more information - Make an offer on the CAR FORMS"

2230 Delaware Avenue, Santa Monica

$2,250,000
11 Beds ⋅ 7 Baths ⋅ 26857251 MLS ⋅ Active Status
Motivated Seller! Exceptional investment opportunity in the heart of Santa Monica! This six unit income property features two separate buildings on one lot and offers an outstanding opportunity for investors or owner occupants seeking a value add asset in one of the Westside's most desirable rental markets. The unique configuration includes a detached single family residence in the front and a separate five unit apartment building in the rear, offering exceptional flexibility and long term investment potential. The front home, which is currently leased, offers approximately 1,200 square feet with 2 bedrooms, 2 bathrooms, and a den. The rear building is a two story, five unit apartment building consisting of four 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. Most units have been tastefully updated, and most windows throughout the property have been recently replaced, providing enhanced energy efficiency, comfort, and curb appeal. The front house also features a recently installed roof. The property includes six on site parking spaces, four of which are covered, along with a community laundry room. One 2 bedroom, 1 bathroom unit and one 1 bedroom, 1 bathroom unit are currently vacant, presenting an immediate opportunity to lease at current market rents and significantly increase cash flow. Current rental income reflects the existing occupancy, with pro forma gross rental income projected to exceed $16,000 per month. Buyer to independently verify all income, expenses, rental projections, square footage, and all other information. Ideally situated just minutes from Santa Monica's world famous beaches, Main Street, Downtown Santa Monica, Montana Avenue, premier shopping, dining, parks, and convenient transportation, this is a rare opportunity to acquire a well maintained income property with immediate upside potential in one of Southern California's strongest and most sought after rental markets.

1419 Stanford Street, Santa Monica

$2,225,000
8 Baths ⋅ 26637121 MLS ⋅ Active Status
NOW PRICED AT AN IN PLACE 5.8% CAP RATE! 1427 Euclid Street presents a rare opportunity to acquire a high-performing 6-unit multifamily property in Santa Monica with meaningful ADU and income upside. The property features four detached bungalow units and two units above four garages, creating an exceptional layout for garage-to-ADU conversion. Upon completion of the ADUs, the property is projected to achieve an in-place 7.7% cap rate without factoring in any rent increases or unit upgrades. One of the garages is already generating $400 per month as a rented storage unit. The sellers have recently completed foundation upgrades, providing investors with confidence in the building's structural integrity and long-term durability.Located on a 7,483 SF R3-zoned lot, the property offers spacious units, strong existing cash flow, and multiple value-add pathways, including both ADU development and future rent growth. Situated just off Santa Monica Boulevard, residents enjoy excellent walkability and connectivity to major employers, retail, transit, and the beach, with convenient access to both freeways and Metro lines.

1427 Euclid Street, Santa Monica

$2,195,000
3 Beds ⋅ 2 Baths ⋅ 26863921 MLS ⋅ Active Status
Frank Gehry, FAIA, Developer|Live/Work Artist's Loft. Stunning landmark residence designed by legendary Pritzker Prize-winning architect Frank Gehry in collaboration with renowned Los Angeles artist Chuck Arnoldi. This is Residence 2, the Southwest facing front corner unit with 2,565 SF and considered the most desirable in the building. Currently curated as an art gallery and private residence, this property offers the ultimate flexibility for any live, work or office/creative space. Exceptional design is showcased through large scale open living spaces, double-height 17 foot ceilings, oversized gallery walls perfect for artwork and a sleek minimalist aesthetic throughout. Massive industrial-scale windows and oversized skylights flood the interior with natural light and beautiful panoramic views. The dramatic entry great room showcases soaring two-story ceilings, concrete floors, a private office/bedroom with full bath and bonus mezzanine level above. The middle level features a bright open floor plan with living room, dining space and custom kitchen designed with beautiful floors, millwork, concrete countertops and stainless-steel appliances. The entire upper floor serves as the primary suite with panoramic city and ocean views, large walk-in closet and full spa-like bath with honed marble slabs and high-end European hardware. Gated and secure underground parking garage with two side by side spaces, storage and two guest spaces. Part of a boutique six-unit complex that stands as a testament to the creative partnership between two of California's most celebrated artistic figures. Residence 2 was selected by the artist and developer himself as his personal studio space. A one of a kind architectural marvel and an incredibly rare offering in the heart of Santa Monica.

1643 12th Street Unit 2, Santa Monica

$2,175,100
RS24052918 MLS ⋅ Active Status
Probate Sale – Court Confirmation Required Well-located 9-unit apartment building in the highly desirable Santa Monica market. Situated on a clean street surrounded by similar multifamily properties, this asset offers strong rental demand and long-term investment potential. Unit mix includes one (1) 3-bed/2-bath, one (1) 2-bed/1.5-bath, and seven (7) 1-bed/1-bath units. The property features three (3) front garage spaces and four (4) rear parking spaces. Approximately 13 blocks from the Santa Monica Pier and ocean, with close proximity to transportation, shopping, and dining. Value-add opportunity with four (4) units to be delivered vacant. Ideal for investors and 1031 exchange buyers seeking upside in a prime coastal location. Sale Details: Court confirmation required. Hearing date secured. Inspection: This inspection has been cancelled as of 3/31/26 Offers due: 4/6/26 at 11:59 PM Offers subject to interior inspection. New court appraisal completed (see private remarks). Offering Memorandum available in Supplements.

1547 Euclid Street, Santa Monica

$2,150,000
13 Beds ⋅ 7 Baths ⋅ 26862705 MLS ⋅ Active Status
The subject property is a six-unit residential income asset located at 1937 17th Street in central Santa Monica. Built in 1948 and zoned SMR2, the asset consists of (1) 3-Bedroom / 1.5-Bath unit and (5) 2-Bedroom / 1-Bath units, including a detached 2 Bedroom / 1-Bath home located towards the rear of the property, totaling 4,840 rentable square feet on a 7,746 SF lot. The property will be delivered with three vacant units at the close of escrow. Currently two units are vacant with a third unit becoming vacant at the end of August. Recent upgrades include a new roof and updated electrical systems. Tenant parking is on-site with 8 uncovered individual spaces and a 2 car garage located at the front of the property. The property delivers strong in-place cash flow at a 5.00% cap rate, with meaningful embedded upside as rents are brought to market. Potential ADU can be built as a garage conversion, buyer to verify. Positioned in Prime Santa Monica, the property sits within one block of Santa Monica College, and a short commute to Whole Foods, the Pico corridor retail, and the Bergamot Expo Line station, giving tenants a direct rail link to Downtown Santa Monica, Century City, and Downtown Los Angeles. The Santa Monica beach and pier are minutes to the west. Santa Monica remains a supply-constrained, high-demand rental market with deep renter demand from the Silicon Beach tech corridor and the long-term durability that defines Westside multifamily.

1937 17th Street, Santa Monica

$2,100,000
PF26181312 MLS ⋅ Active Status
1513 17th Street presents a compelling multifamily development opportunity in the heart of Santa Monica, just blocks from major employment, retail, dining, and transit amenities. The property consists of an approximately 7,497-square-foot lot zoned MUBL (Mixed-Use Boulevard Low), providing a favorable framework for residential redevelopment in one of Southern California’s most supply-constrained coastal markets. . Current zoning allows housing projects up to a 3.25 FAR and 70 feet in height, translating to approximately 24,365 square feet of potential floor area and the potential for a six-story residential development, subject to architectural design, applicable development standards, affordability requirements, and City approval. . Located in close proximity to the Metro E Line’s 17th Street/SMC Station, the property offers exceptional regional connectivity and benefits from transit-oriented development policies, including reduced parking requirements that may enhance project feasibility. The site is also minutes from Downtown Santa Monica, Santa Monica College, Silicon Beach employment centers, and the city’s extensive collection of restaurants, shopping, entertainment, and recreational amenities. . With strong underlying land fundamentals, favorable residential zoning, excellent transit access, and significant barriers to new development throughout Santa Monica, 1513 17th Street represents a rare opportunity for developers and investors seeking to create new housing in a premier Westside location.

1513 17th St, Santa Monica

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