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$2,250,000
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
$1,295,000
2 Beds ⋅ 3 Baths ⋅ 26847797 MLS ⋅ Active Status
This absolutely charming beach triplex is the kind of property that rarely comes along - stylish, beautifully renovated, and filled with opportunity. Featuring two vacant units, this special property offers the perfect blend of owner-user flexibility and investment potential in a coveted beachside location. The location is truly unbeatable. Situated in one of Santa Monica's most sought - after neighborhoods, you're just moments from Grant Elementary, Clover Park, and the vibrant Ocean Park corridor, home to some of the area's best restaurants, cafes, boutiques, and local favorites. The front residence is a beautifully remodeled one-bedroom retreat with a spacious private patio, while the renovated vacant studio offers its own fresh, modern appeal. Tucked away at the rear of the property, the third one-bedroom residence features a large private patio and provides immediate rental income. At the heart of the property is a private communal outdoor dining and lounge area, creating a relaxed, coastal compound vibe for all three residences to enjoy. With three side-by-side parking spaces included, this turnkey property presents an exceptional opportunity for an owner-user, investor, or anyone seeking the ultimate beach lifestyle with income potential. Considering that a comparable one-bedroom condo could easily cost around $675,000, why buy one unit when you can own three? Live in one, rent the others, and enjoy the best of both worlds. This is a truly rare and exciting opportunity not to be missed. **2402 Ocean Park (duplex) is also for sale for $1,395,000**

2404 Ocean Park Boulevard, 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
$2,995,000
6 Beds ⋅ 5 Baths ⋅ 26837951 MLS ⋅ Active Status
Seller may consider carrying a 1st TD at 5.5%-6% interest only, no prepayment penalty for 5 years, with 30%+ down for qualified buyers. 631 Pier Ave presents a rare opportunity to acquire a thoughtfully maintained split-level four-unit property in the heart of Santa Monica's coveted Ocean Park neighborhood. The property features an attractive unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio unit, currently generating approximately $201,000 in annual gross income while offering additional upside through future rental growth. Originally built in 1961 and carefully improved over the years, the property includes mini split A/C systems throughout all units, updated decking, refreshed interiors, new flooring, upgraded finishes, and the rare convenience of four private garages with additional off-street parking, an increasingly hard-to-find amenity in Santa Monica's coastal neighborhoods. Several units feature abundant natural light, open layouts, private outdoor spaces, and seamless indoor-outdoor living, while the split-level design adds architectural character and a unique sense of separation and flow throughout the property. Beyond the investment fundamentals, the property offers a uniquely serene atmosphere framed by mature landscaping cultivated over decades of ownership, including towering palm trees, lush podocarpus greenery, vibrant bougainvillea, mature fig vines, and a beautiful pomegranate tree woven throughout the hillside gardens. Tucked behind greenery and moments from Main Street, Rose Avenue, Abbot Kinney, Lincoln Blvd, and the beach, 631 Pier Ave offers a rare blend of stable income, lifestyle appeal, and long-term appreciation potential in one of Los Angeles' most desirable rental markets. Subject to Santa Monica rent control, the property offers stable in-place tenancy. Seller may consider carrying a first trust deed for qualified buyers, creating a rare financing opportunity in today's market.

631 Pier Avenue, Santa Monica
$2,075,000
6 Beds ⋅ 4 Baths ⋅ 26669367 MLS ⋅ Active Status
2302 32nd Street offers a unique opportunity to traditional or owner-occupied investors alike. The property sits on a large 9,000 Square Feet lot with a total of three structures. The front building contains Three Units, (1) Two-Bedroom One-Bathroom Unit and (2) One Bedroom One-Bathroom units. The middle structure of the lot is Two Stories with (1) Large One-Bedroom One-Bathroom unit located upstairs, and downstairs is (1) non-conforming One-Bedroom One-Bathroom unit. The property also provides a total of 7 parking spaces. Conveniently located just south of Pico Boulevard and theI-10 Freeway, tenants of 2302 32nd Street have no shortage of things to do. From vibrant nightlife to an ample selection of fine dining, daily necessities, and retail amenities. Providing easy access to all that Santa Monica has to offer as well as seamless transit to the surrounding West Los Angeles area. This asset offers a cash-flowing stabilized investment alongside potential to convert and/or add additional ADU's on the premises (buyer to verify).

2302 32nd Street, Santa Monica
$2,795,000
4 Beds ⋅ 3 Baths ⋅ 26666437 MLS ⋅ Active Status
Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.

1047 9th Street, Santa Monica
$5,990,000
18 Beds ⋅ 16 Baths ⋅ 26657565 MLS ⋅ Active Status
A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 and up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers seeking a prime Westside asset with immediate upside through renovation, lease-up, or new construction.

2711 Pico Boulevard, Santa Monica
$2,498,000
6 Beds ⋅ 5 Baths ⋅ 26647071 MLS ⋅ Active Under Contract Status
ALL UNITS DELIVERED VACANT. YOU PICK YOUR TENANTS. Welcome to 1226 Chelsea Ave, a stunning single-family home with 3 addition one bedroom units, in Northern Santa Monica. This spacious main residence is an impressive 3 bedroom living space, decorator done, light and airy, with solid maple hardwood flooring with ample room for a baby grand piano. A high quality custom kitchen was installed by the meticulous owner along with stone counters. The home recently received a new roof, as well as a new Air conditioning and heating system (2025)The property also features 3 separate one bedroom apartments, each with their own kitchen and bathroom.Step into the inviting living areas and discover seamless transitions between spaces, ideal for both entertaining and relaxing. The outdoor deck is perfect for enjoying the Southern California lifestyle, whether you're hosting a gathering or unwinding in your private retreat.This home has newly installed central heating and cooling (2025), ensuring year-round comfort, and a laundry area complete with washer/dryer hookups and included appliances for added convenience. Parking is a breeze with an on-site garage and additional parking provided.For peace of mind, the property is equipped with a security gate, security system, and video security. These thoughtful features prioritize safety and privacy while enhancing the overall appeal of the property.Situated on a desirable street, this home offers a perfect blend of comfort, practicality, and style. Don't miss your opportunity to experience all that 1226 Chelsea Ave has to offer.

1226 Chelsea Avenue, Santa Monica
$2,498,000
6 Beds ⋅ 5 Baths ⋅ 26645517 MLS ⋅ Active Under Contract Status
Welcome to 1226 Chelsea Ave, a stunning single-family home with 3 additional one bedroom units, in Northern Santa Monica. This spacious main residence is an impressive 3 bedroom living space, decorator done, light and airy, with solid maple hardwood flooring with ample room for a baby grand piano.A high quality custom kitchen was installed by the meticulous owner along with stone counters. The home recently received a new roof, as well as a new Air conditioning and heating system (2025)The property also features 3 separate one bedroom apartments, each with their own kitchen and bathroom.Step into the inviting living areas and discover seamless transitions between spaces, ideal for both entertaining and relaxing. The outdoor deck is perfect for enjoying the Southern California lifestyle, whether you're hosting a gathering or unwinding in your private retreat.This home has newly installed central heating and cooling, ensuring year-round comfort, and a laundry area complete with washer/dryer hookups and included appliances for added convenience. Parking is a breeze with an on-site garage and additional parking provided.For peace of mind, the property is equipped with a security gate, security system, and video security. These thoughtful features prioritize safety and privacy while enhancing the overall appeal of the property.Situated on a desirable street, this home offers a perfect blend of comfort, practicality, and style. Don't miss your opportunity to experience all that 1226 Chelsea Ave has to offer. Schedule your private tour today!

1226 Chelsea Avenue, Santa Monica
$1,795,000
9 Beds ⋅ 6 Baths ⋅ 25518647 MLS ⋅ Active Status
TWO VACANT UNITS!! This incredible investment opportunity is close to Santa Monica College and located in the heart of Santa Monica just 13 blocks to the beach. There are two separate buildings - a two story 4 unit building (upper front 2 bedroom is vacant) in front with a brand new roof and yards and two side by side one story one bedroom cottages with private yards and a brand new roof (one is vacant) at the rear of the property. Off the alley there are 5 side by side open parking spaces. Stairs and deck inspections "passed" by the city of Santa Monica. New copper plumbing. New electrical panel and meters. Brand new roofs. This exciting opportunity sits on a large 7,517 square foot lot. *Inside with an accepted offer only*

1925 Euclid Street, Santa Monica

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.