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Exceptional investment opportunity in the heart of Santa Monica! This charming 7-unit property features five classic Spanish-style one-bedroom, one-bath bungalow units, along with two newly constructed contemporary ADU residences. The original bungalow units are filled with character and timeless appeal, offering hardwood floors throughout, abundant natural charm, and the convenience of in-unit washers and dryers. The newly built ADUs provide modern living, with the upper unit featuring a spacious one-bedroom floor plan plus a loft, and the lower unit offering a well-designed one-bedroom, one-bath layout. The property also offers the potential for 3-4 on-site parking spaces and presents an exciting future development opportunity, with the possibility of redeveloping the bungalow portion of the site (buyer to verify). 3-4 units will be delivered vacant at the close of escrow, with the potential for a 5th vacant unit as well, providing immediate flexibility for an owner-user, investor, or value-add repositioning. ADU units will be finished within apx. 1 month and were not calculated into the Projected Rents or Income.
Property Type(s):
Residential Income
| Last Updated | 10/30/2026 | Year Built | 1930 |
|---|---|---|---|
| Community | C14 - Santa Monica | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Refrigerator, Washer |
| AREA | C14 - Santa Monica |
| HEAT | Floor Furnace, Radiant |
| LOT | 6965 sq ft |
| LOT DIMENSIONS | 6966 |
| PARKING | On Street |
| STORIES | 2 |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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