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Unlock the potential of this exceptional income property in the heart of Santa Monica. Set on a 7,500 sq ft lot zoned SMC4, this rare offering includes five detached bungalows and four rentable garages, providing a unique blend of charm, flexibility, and value-add opportunity.With four of the five units delivered vacant, investors have immediate upside through renovation, lease-up, or redevelopment. Whether you're seeking stable rental income, a 1031 exchange candidate, or a future development play, this property offers the versatility and location to match.Ideally situated near the Expo Line, shops, restaurants, and Santa Monica Beach, this is your chance to own a piece of one of L.A.'s most desirable coastal neighborhoods. Don't miss out on this rare find - opportunities like this are few and far between.
Last Updated | 7/28/2025 | Year Built | 1923 |
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Community | C14 - Santa Monica | Garage Spaces | 4.0 |
County | Los Angeles |
Additional Details
AIR | None |
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APPLIANCES | Dishwasher, Refrigerator |
AREA | C14 - Santa Monica |
CONSTRUCTION | Stucco |
GARAGE | Yes |
HEAT | Wall Furnace |
INTERIOR | Ceiling Fan(s), Open Floorplan |
LOT | 7514 sq ft |
PARKING | Garage |
POOL DESCRIPTION | None |
SEWER | Other |
STORIES | 1 |
VIEW | Yes |
Location
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