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***Prime Santa Monica 5-Unit Investment Opportunity 2 Vacant Units & Ideal Location*** Presenting a rare opportunity to own a 5-unit multifamily property in one of Santa Monica's most desirable neighborhoods north of Wilshire Boulevard, directly across from Lincoln Middle School. This well-maintained asset features a charming front 2-bedroom, 1-bathroom house and a rear four plex, all situated on a spacious 7,498 sq ft lot. Boasting 4,062 rentable square feet, the property offers a strong unit mix and significant upside potential. Two units the front 2BR/1BA house and one 1BR/1BA unit will be delivered vacant, ideal for an owner-user or value-add investor. All units are separately metered for gas and electricity, providing operational efficiency and long-term flexibility. Additional highlights include a 4-car garage with completed seismic retrofit work, satisfying current safety requirements and enhancing the building's overall appeal. Don't miss this exceptional investment in a trophy location walkable to Montana Avenue shops and cafes, and just minutes from the beach, downtown Santa Monica, and top-rated schools. Key Features: 5 total units (1 front house + 4-unit rear building) **2 units delivered vacant (2BR/1BA house & 1BR/1BA unit) ** 4,062 RSF on a 7,498 SF lot 4-car garage with completed seismic retrofit Separately metered units Premium location north of Wilshire, across from Lincoln Middle School Ideal for investors, developers, or owner-users seeking a foothold in Santa Monica's competitive rental market!
Property Type(s):
Residential Income
| Last Updated | 5/28/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | Santa Monica | County | Los Angeles |
Additional Details
| APPLIANCES | Dryer, Refrigerator, Washer |
|---|---|
| AREA | Santa Monica |
| GARAGE | Covered, Garage, Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7500 sq ft |
| PARKING | Covered,Garage |
| STORIES | 2 |
| ZONING | SMR2* |
Location
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Listed with Miller & Desatnik Realty Co.
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