$2,220,000
$160K PRICE DROP

Estimated payment $14,426/month

Total Views 4,060
6 Beds
5 Baths
3,492 Sq Ft
$636 Price per Sq Ft

About This Home

Built in 1938, this property has been meticulously maintained with modernized interiors and still possesses its vintage charm. 2302 32nd Street sits on a large 9,000 Square Feet lot with a total of three structures. The front building contains ThreeUnits, (1) Two Bedroom One Bathroom Unit and (2) OneBedroom 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 OneBedroom One Bathroom unit. The seller has plans and permits for the 5th unit that will allow an easy process of registering the non-conforming unit with the city. 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.2302 32nd Street offers a unique opportunity to traditional or owner-occupied investors alike. The asset offers a cash-flowing stabilized investment alongside potential to convert as well as add additional ADU's on the premises.

Listing Agent

John Boyett

CBRE License #02056759 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,556

Year Built

  • Built in 1938

Lot Details

  • 9,006 Sq Ft Lot

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 3,492 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4270-007-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,556

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3492
  • Lot Acreage: 0.2067
  • Price Per Unit: 555000.00
  • Year Built: 1938
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 635.74

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Parking Garage: Garage - 2 Car

Lot Info

  • Assessed Improvement Percent: 11.11
  • Assessed Improvement Value: 229500
  • Assessed Land Percent: 88.89
  • Assessed Land Value: 1836000
  • Total Assessed Value: 2065500
  • Assessor Parcel Number: 4270-007-044
  • Lot Size Area: 9006

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.28
  • Gross Scheduled Income: 163214.00
  • Number Of Units: 4
  • Total Annual Expense: 45365
  • Type Of Units: Dwellings
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,556 $2,065,500 $1,836,000 $229,500
2023 $7,429 $492,356 $279,172 $213,184
2022 $7,322 $482,703 $273,699 $209,004
2021 $7,115 $473,239 $268,333 $204,906
2020 $7,068 $468,607 $265,582 $203,025
2019 $6,992 $459,424 $260,375 $199,049
2018 $6,500 $450,421 $255,270 $195,151
2016 $6,198 $432,720 $245,358 $187,362
2015 $6,118 $426,221 $241,673 $184,548
2014 $6,075 $417,872 $236,939 $180,933
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $2,220,000 -6.7% $636 / Sq Ft
04/15/2025 04/15/25 For Sale $2,380,000 +17.5% $682 / Sq Ft
03/31/2023 03/31/23 Sold $2,025,000 -3.6% $725 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $2,100,000 -10.6% $752 / Sq Ft
12/19/2022 12/19/22 For Sale $2,350,000 0.0% $842 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $2,350,000 0.0% $842 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $2,350,000 -- $842 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,025,000 Usa National Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,499,900 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25525495

The MLS

APN: 4270-007-044