$2,795,000
PENDING $505K PRICE DROP

Estimated payment $17,994/month

Total Views 5,217
8 Beds
6 Baths
4,528 Sq Ft
$617 Price per Sq Ft

About This Home

Great Investment opportunity in Santa Monica! Bread and butter income property on a corner lot on Montana Avenue. High visibility, well trafficked area-- easy rentals. The building is located in a desirable residential neighborhood, just minutes from shopping, dining, and more! Coastal living at it's finest! This apartment is located just off the beaten path on beautiful Montana Avenue in Santa Monica. Ride your bike to the beach or take a drive up Sunset Blvd., access to all that LA has to offer is at your fingertips!

Listing Agent

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 02/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 8,003 Sq Ft Lot

Parking

  • 5 Car Garage

Interior Spaces

  • 4,528 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4277-005-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4528
  • Lot Acreage: 0.1837
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 617.27

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 5

Lot Info

  • Assessed Improvement Percent: 23.41
  • Assessed Improvement Value: 171160
  • Assessed Land Percent: 76.59
  • Assessed Land Value: 560119
  • Total Assessed Value: 731279
  • Assessor Parcel Number: 4277-005-015
  • Lot Size Area: 8003

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.80
  • Number Of Units: 6
  • Total Annual Expense: 60592
  • Type Of Units: Mix
  • Vacancy Rate: .

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/05/2025 08/05/25 Pending -- -- --
07/03/2025 07/03/25 Price Changed $2,795,000 -9.7% $617 / Sq Ft
02/27/2025 02/27/25 Price Changed $3,095,000 -6.2% $684 / Sq Ft
02/03/2025 02/03/25 For Sale $3,300,000 0.0% $729 / Sq Ft
01/31/2025 01/31/25 Off Market $3,300,000 -- --
08/13/2024 08/13/24 For Sale $3,300,000 -- $729 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 24-427103

The MLS