UPDATED:
Key Details
Property Type Residential Income
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS24052918
HOA Y/N No
Year Built 1960
Lot Size 7,487 Sqft
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMM1*
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Gas, None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected
Total Parking Spaces 3
Private Pool No
Building
Lot Description Landscaped, Street Level, Walkstreet
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4282033014
Energy Description 1872.0
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Third Party Approval, Probate Listing
Nearby School & Business
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