$2,675,000

Estimated payment $17,491/month

Total Views 18,487
5 Beds
-- Bath
4,454 Sq Ft
$601 Price per Sq Ft

Highlights

  • Wood Flooring
  • Attic
  • 4 Car Attached Garage
  • Roosevelt Elementary School Rated A+
  • No HOA
  • Cooling Available

About This Home

** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income. The property boasts a current cap rate of 5.05% and a GRM 13.14, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica's most sought-after neighborhoods.

Listing Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 04/03/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

David Messiah

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02117893

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,513 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned SMR3*

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Split Level Home

Interior Spaces

  • 5 Bedrooms
  • 4,454 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring
  • Dishwasher
  • Property Views
  • Attic

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1234
  • Tax Tract Number 1234
  • Assessor Parcel Number 4282011008
  • $1,234 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: SMR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4282011008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4454.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 600.58
  • Room Type: Attic, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7513.00
  • Lot Size Acres: 0.1725

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7513.0000 Square Feet
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1234
  • Tax Tract Number: 1234
  • TaxOtherAnnualAssessmentAmount: 1234.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $2,675,000 -- $601 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Similar Homes in Santa Monica, CA

  • 1225 California Ave, Santa Monica, CA 90403

    $2,995,000

    • 3 Beds
    • 3.5 Baths
    • 1,644 Sq Ft
    • 1225 California Ave
    • Santa Monica, CA

    Charming Santa Monica bungalow, meticulously rebuilt from the ground up while preserving its original footprint and timeless character filled with Love! Featuring soaring ceilings, custom-built cabinetry throughout, and restored front windows complemented by custom wood windows to match. The living room centers around a stunning fireplace with handmade Moroccan Zellige tiles, while the chef's

    Haleh Dolatshahi Rodeo Realty- Brentwood

    Section Image
  • 1018 5th St, Santa Monica, CA 90403

    $2,695,000

    • 4 Beds
    • 4 Baths
    • 3,389 Sq Ft
    • 1018 5th St
    • Santa Monica, CA

    Beautiful Craftsman home ready to be restored to a dramatic single family home with separate guest quarters above the garage. It is located in the best north of Wilshire Santa Monica neighborhood blocks from Palisades Park and the beach. This is a City of Santa Monica Structure of Merit. It is not a designated Landmark, which gives the owner the freedom to create a new masterpiece or a quality

    Andre Melikian Andre Melikian

    Section Image
  • 1824 10th St, Santa Monica, CA 90404

    $2,800,000

    • 5 Beds
    • 7 Baths
    • 3,225 Sq Ft
    • 1824 10th St
    • Santa Monica, CA

    Welcome to 1824 10th Street! Now offered at an exceptional value, this turn-key 6-unit gem has been expertly managed and maintained offering its new owner a true turn-key investment. True to the California Lifestyle sought by the most discerning tenants, 5 of the 6 units in this special property offer spacious and private outdoor spaces. Interior upgrades further add to the comfortable and

    Christopher Newell Berkshire Hathaway HomeServices California Properties

    Section Image
  • 1226 Chelsea Ave Unit 1, Santa Monica, CA 90404

    $2,970,000

    • 6 Beds
    • 5 Baths
    • 3,038 Sq Ft
    • 1226 Chelsea Ave
    • Unit 1
    • Santa Monica, CA

    FULLY VACANT HOUSE + 3 UNITS | A unique opportunity to own a fully vacant 4plex in the heart of Santa Monica. Whether you're an owner-user looking to live in one unit and rent the others, or an investor ready to set market rents from day one, this property offers the kind of flexibility that's nearly impossible to find especially in Santa Monica. Located just off Wilshire Blvd, you're minutes

    Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 160 Wadsworth Ave, Santa Monica, CA 90405

    $2,835,000

    • 3 Beds
    • 2 Baths
    • 1,584 Sq Ft
    • 160 Wadsworth Ave
    • Santa Monica, CA

    Located in the heart of Ocean Park's historic district, this classic craftsman adds character to one of Santa Monica's most unique beach neighborhoods. Positioned on a spacious lot, it offers a perfect blend of timeless character and endless possibilities. Just a short stroll to the beach, the inviting front porch provides peekaboo ocean views, setting the stage for relaxed Westside living.

    Alphonso Lascano Carolwood Estates

    Section Image
  • 2613 5th St, Santa Monica, CA 90405

    $2,699,000

    • 4 Beds
    • 3 Baths
    • 1,630 Sq Ft
    • 2613 5th St
    • Santa Monica, CA

    The perfect blend of coastal elegance and modern convenience in the heart of highly desirable Ocean Park. Beautifully renovated 4-bedroom, 3-bathroom, 2 story single family home located just five blocks from the beach. Venture inside to discover a thoughtfully designed open-concept layout on the ground floor, featuring a spacious living area, dining space, and inviting kitchen. A comfortable

    Melanie Tielmann Compass

    Section Image
  • 354 Entrada Dr, Santa Monica, CA 90402

    $2,495,000

    • 3 Beds
    • 2 Baths
    • 1,448 Sq Ft
    • 354 Entrada Dr
    • Santa Monica, CA

    In the heart of Santa Monica Canyon, just blocks from the highly sought-after Canyon Charter Elementary School and a few blocks from the ocean! This location boasts a high family-friendly score, with its blend of coastal vibes, privacy, and proximity to all the best restaurants and beach access. The existing structure is over 1,400 square feet, situated on a rare, flat 6,000-square-foot lot with

    Craig Shapiro Redfin

    Section Image
  • 1418 Oak St, Santa Monica, CA 90405

    $2,100,000

    • 3 Beds
    • 2 Baths
    • 1,868 Sq Ft
    • 1418 Oak St
    • Santa Monica, CA

    Attention Builders, Investors and Owner/Users! Welcome to 1418 Oak Street, a rare opportunity to reimagine a classic home on one of Sunset Park's most desired streets. Available for the first time in nearly 60 years, this 3-bedroom, 2-bathroom residence offers 1,868 sq. ft. of living space on a spacious 7,035 sq. ft. lot setting the stage for a thoughtful renovation or a brand-new architectural

    Bounce Williams Compass

    Section Image
  • 2218 Pearl St, Santa Monica, CA 90405

    $2,395,000

    • 3 Beds
    • 1.5 Baths
    • 1,440 Sq Ft
    • 2218 Pearl St
    • Santa Monica, CA

    With pride of ownership at its core, this rare, turn-key Sunset Park 1927 Spanish bungalow is a heartbreaker. Perfect starter home in an award winning SMMUSD district and a perfect "Golden Years" home with everything you need at your fingertips. It has a front row seat to the "Parade on Pearl," with kids walking and biking to and from the local schools. Embracing its classic stucco exterior,

    Amanda Robertson Amanda Robertson

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25072490

California Regional Multiple Listing Service (CRMLS)