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Exceptional investment opportunity in the heart of Santa Monica! This six unit income property features two separate buildings on one lot and offers an outstanding opportunity for investors or owner occupants seeking a value add asset in one of the Westside's most desirable rental markets. The unique configuration includes a detached single family residence in the front and a separate five unit apartment building in the rear, offering exceptional flexibility and long term investment potential. The front home, which is currently leased, offers approximately 1,200 square feet with 2 bedrooms, 2 bathrooms, and a den. The rear building is a two story, five unit apartment building consisting of four 2 bedroom, 1 bathroom units and one 1 bedroom, 1 bathroom unit. Most units have been tastefully updated, and most windows throughout the property have been recently replaced, providing enhanced energy efficiency, comfort, and curb appeal. The front house also features a recently installed roof. The property includes six on site parking spaces, four of which are covered, along with a community laundry room. One 2 bedroom, 1 bathroom unit and one 1 bedroom, 1 bathroom unit are currently vacant, presenting an immediate opportunity to lease at current market rents and significantly increase cash flow. Current rental income reflects the existing occupancy, with pro forma gross rental income projected to exceed $16,000 per month. Buyer to independently verify all income, expenses, rental projections, square footage, and all other information. Ideally situated just minutes from Santa Monica's world famous beaches, Main Street, Downtown Santa Monica, Montana Avenue, premier shopping, dining, parks, and convenient transportation, this is a rare opportunity to acquire a well maintained income property with immediate upside potential in one of Southern California's strongest and most sought after rental markets.
Property Type(s):
Residential Income
| Last Updated | 7/8/2026 | Year Built | 1958 |
|---|---|---|---|
| Community | C14 - Santa Monica | County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
|---|---|
| AREA | C14 - Santa Monica |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7823 sq ft |
| LOT DIMENSIONS | 7824 |
| PARKING | Carport, Driveway |
| STORIES | 2 |
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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