$1,995,000

Estimated payment $12,499/month

Total Views 3,093
6 Beds
3 Baths
2,256 Sq Ft
$884 Price per Sq Ft

About This Home

We are proud to present 2601 28th Street, a well-maintained 3-unit apartment property located in the heart of Santa Monica. Built in 1955, the property consists of one two-bedroom, one-bathroom apartment, one two-bedroom, one-bathroom detached house, and one three-bedroom, two-bathroom detached house. The building totals 2,256 square feet and sits on a 6,000 square foot lot. Each unit includes its own washer and dryer and a dedicated garage parking spot, offering modern conveniences that enhance tenant appeal and rental value. Additionally, two of the three units enjoy private yard spaces an increasingly rare and attractive feature in the Santa Monica rental market. The property has undergone substantial capital improvements, including full electrical re-wiring, copper re-plumbing, earthquake retrofitting, and a complete sewer line replacement providing long-term stability and reduced maintenance risk for future ownership. Ideally located on a quiet, tree-lined residential street, 2601 28th Street offers walkable access to top restaurants, boutique shopping, and vibrant nightlife. Just 3 miles from the Santa Monica Pier and minutes from the 10 and 405 freeways, the property benefits from excellent connectivity throughout the Westside and greater Los Angeles.

Listing Agent

Michael Sterman

Marcus & Millichap License #01911703 Listed on: 06/15/2025

Co-Listing Agent

Michael Kamara

Lyon Stahl Investment Real Estate, Inc. License #02062158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,443

Year Built

  • Built in 1955

Parking

  • Garage

Home Design

  • 2,256 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,004 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4270-015-054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,443

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2256
  • Lot Acreage: 0.1378
  • Year Built: 1955
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 884.31

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 37.50
  • Assessed Improvement Value: 696348
  • Assessed Land Percent: 62.5
  • Assessed Land Value: 1160583
  • Total Assessed Value: 1856931
  • Assessor Parcel Number: 4270-015-054
  • Lot Size Area: 6004

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.89
  • Number Of Units: 3
  • Total Annual Expense: 43302
  • Type Of Units: Apartments
  • Vacancy Rate: 0

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

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
2025 $22,443 $1,894,068 $1,183,794 $710,274
2024 $22,443 $1,856,931 $1,160,583 $696,348
2023 $22,084 $1,820,522 $1,137,827 $682,695
2022 $21,808 $1,784,826 $1,115,517 $669,309
2021 $21,268 $1,749,831 $1,093,645 $656,186
2020 $21,124 $1,731,890 $1,082,432 $649,458
2019 $20,911 $1,697,932 $1,061,208 $636,724
2018 $19,642 $1,664,640 $1,040,400 $624,240
2016 $4,054 $291,111 $211,257 $79,854
2015 $3,998 $286,739 $208,084 $78,655
2014 $3,972 $281,123 $204,008 $77,115
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 For Sale $1,995,000 -- $884 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,600,000 Lawyers Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Continental Lawyers Title
Interfamily Deed Transfer -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $283,715 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $185,000 New Conventional
Previous Owner $225,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25552665

The MLS

APN: 4270-015-054