$1,300,000

Estimated payment $7,230/month

Total Views 1,280
6 Beds
4 Baths
2,437 Sq Ft
$533 Price per Sq Ft

Highlights

  • Floor Furnace
  • Edison Language Academy Rated A
  • 1-minute walk to Gandara park

About This Home

Fixer or Development Opportunity in Santa Monica! Don't miss this incredible chance to own in Santa Monica. This versatile property features a detached 3-bedroom, 2-bathroom front house and a vacant 3-bedroom, 2-bathroom rear unit with a den, ideal for renovation, redevelopment, or income generation. The front house is currently occupied, offering immediate rental income potential, while the rear unit is vacant and ready for improvement. Just one block from the train station and offering easy access to the 10 Freeway, this property is perfect for an owner-user or investor looking to capitalize on location, layout, and upside potential. Live in one unit and rent out the other, or re-imagine the entire property to suit your vision. A rare find with outstanding potential in the heart of Santa Monica! Both the front house and the rear unit have a non-conforming bedroom and bathroom. The county assessor shows the property as an SFR even though there are two structures and two separate gas and electric meters. The City of Santa Monica has confirmed that there are two units.

Listing Agent

Victor Gonzalez

Horizon Real Estate Management Group License #01921075 Listed on: 08/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1951

Lot Details

  • 5,012 Sq Ft Lot

Parking

  • Driveway

Interior Spaces

  • 2,437 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4268-019-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,766

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2437
  • Lot Acreage: 0.1151
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 533.44

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall, Floor Furnace

Lot Info

  • Assessed Improvement Percent: 52.66
  • Assessed Improvement Value: 40346
  • Assessed Land Percent: 47.34
  • Assessed Land Value: 36263
  • Total Assessed Value: 76609
  • Assessor Parcel Number: 4268-019-023
  • Lot Size Area: 5012

Rental Info

  • Tenant Pays: Water

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 41.60
  • Number Of Units: 2
  • Total Annual Expense: 0.00
  • Type Of Units: Detached
  • Vacancy Rate: 50%

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 $1,766 $1,295,400 $906,780 $388,620
2024 $1,766 $76,609 $36,263 $40,346
2023 $1,735 $75,107 $35,552 $39,555
2022 $1,695 $73,635 $34,855 $38,780
2021 $1,621 $72,192 $34,172 $38,020
2019 $1,581 $70,053 $33,159 $36,894
2018 $1,445 $68,680 $32,509 $36,171
2016 $1,368 $66,015 $31,248 $34,767
2015 $1,346 $65,024 $30,779 $34,245
2014 $1,347 $63,752 $30,177 $33,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $1,300,000 0.0% $533 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $1,300,000 -- $533 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Stand Alone Second
Source: Public Records

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    Section Image

Source: The MLS

MLS Number: 25573245

The MLS

APN: 4268-019-023