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A rare and remarkable opportunity to own a fully vacant four-unit property in the heart of Santa Monica, offering immediate flexibility and exceptional income potential in one of Southern California's most desirable coastal markets. Whether you're an investor seeking strong returns, a visionary looking to reposition an asset, or someone dreaming of creating a multi-generational coastal compound, this property opens the door to endless possibilities. It was previously leased by a master tenant and the entire building is available for lease for $25,000 a month. Recently remodeled, the building blends classic coastal charm with modern upgrades and each residence feels bright, inviting, and ready to welcome its next chapter. The two charming 2-bedroom residences offer quiet retreats and the two expansive upper-level units (configured as 3 bedrooms plus a den) showcase beautiful city views, abundant natural light, and generous living spaces rarely found in Santa Monica multi-unit properties. The property's fully vacant status presents a powerful advantage - allowing the next owner to immediately implement their vision and receive market value for each unit. Just minutes from the beach, Main Street, Santa Monica College, Abbot Kinney, and the iconic 3rd Street Promenade, this location captures the very essence of the Santa Monica lifestyle - sun, ocean breezes, vibrant culture, and effortless walkability. For investors and lifestyle buyers alike, opportunities like this are exceptionally rare: a remodeled, fully vacant four-unit property in one of LA's most coveted beachside communities.
Property Type(s):
Residential Income
| Last Updated | 4/2/2026 | Year Built | 1961 |
|---|---|---|---|
| Community | C14 - Santa Monica | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Apr 2, '26 | $4,222,222 |
|---|---|
| Apr 2, '26 - Today | $3,999,999 |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Microwave, Range, Refrigerator |
|---|---|
| AREA | C14 - Santa Monica |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 5876 sq ft |
| LOT DIMENSIONS | 5878 |
| PARKING | Covered, Driveway, Garage |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | MidCenturyModern |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Mountain(s) |
Location
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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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