Description
Located in one of Santa Monica's most coveted neighborhoods, this exceptional multi-unit property presents a rare opportunity for both investors and owner-users. Available for the first time in decades, the property spans a desirable double lot over 13,500 sq ft and features four structures with a well-balanced unit mix designed for strong rental demand. Brimming with vintage charm, the property showcases original architectural details, abundant natural light, and spacious interiors. The unit mix consists of (2) two-bedroom, one-bath units and (7) one-bedroom, one-bath units, with select residences offering washer/dryer hookups and hardwood floors. The owner's unit, a two-bedroom, one-bath plus a den, will be delivered vacant, presenting an excellent opportunity for immediate occupancy or high-value leasing. Additional property highlights include multiple on-site parking spaces and potential for ADU development (buyer to verify). The soft-story retrofit was successfully completed in Q4 2020, ensuring compliance and structural integrity. Situated within walking distance of top-rated schools, premier shopping, dining, and transit options, this asset benefits from a consistently strong rental market and the long-term appreciation of a premier coastal location. A rare offering in an irreplaceable setting, this property is an outstanding investment for those seeking stability, growth, and value in Santa Monica's competitive real estate landscape.
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10BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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7,148SQFT
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$413$/SQFT
School Ratings & Info
Description
Located in one of Santa Monica's most coveted neighborhoods, this exceptional multi-unit property presents a rare opportunity for both investors and owner-users. Available for the first time in decades, the property spans a desirable double lot over 13,500 sq ft and features four structures with a well-balanced unit mix designed for strong rental demand. Brimming with vintage charm, the property showcases original architectural details, abundant natural light, and spacious interiors. The unit mix consists of (2) two-bedroom, one-bath units and (7) one-bedroom, one-bath units, with select residences offering washer/dryer hookups and hardwood floors. The owner's unit, a two-bedroom, one-bath plus a den, will be delivered vacant, presenting an excellent opportunity for immediate occupancy or high-value leasing. Additional property highlights include multiple on-site parking spaces and potential for ADU development (buyer to verify). The soft-story retrofit was successfully completed in Q4 2020, ensuring compliance and structural integrity. Situated within walking distance of top-rated schools, premier shopping, dining, and transit options, this asset benefits from a consistently strong rental market and the long-term appreciation of a premier coastal location. A rare offering in an irreplaceable setting, this property is an outstanding investment for those seeking stability, growth, and value in Santa Monica's competitive real estate landscape.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.