$2,795,000
$155K PRICE DROP

Estimated payment $17,062/month

Total Views 7,054
8 Beds
5 Baths
3,441 Sq Ft
$812 Price per Sq Ft

Highlights

  • Central Heating
  • John Muir Elementary School Rated A
  • Ceiling Fan

About This Home

The building is 100% vacant, allowing immediate repositioning at market rents, an exceptional opportunity given Santa Monica's rent control restrictions. This 3,441 square foot property features one and two bedroom units, on site parking, and separate gas and electric meters. Walkable to the beach, Urth Caff, Abbott Kinney and Main Street amenities, the location offers lasting appeal for tenants and investors alike.

Listing Agent

Chandler Rockwell

Fred Leeds Asset Group Inc. License #02080782 Listed on: 11/04/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Home Design

  • Split Level Home

Interior Spaces

  • 3,441 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • 4,986 Sq Ft Lot
  • Central Heating

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4288-004-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,986 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3441
  • Lot Acreage: 0.1145
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 812.26

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 32.29
  • Assessed Improvement Value: 691620
  • Assessed Land Percent: 67.71
  • Assessed Land Value: 1450172
  • Total Assessed Value: 2141792
  • Assessor Parcel Number: 4288-004-007
  • Lot Size Area: 4986

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.90
  • Number Of Units: 5
  • Type Of Units: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,700 $2,141,792 $1,450,172 $691,620
2024 $25,700 $2,099,797 $1,421,738 $678,059
2023 $25,296 $2,058,625 $1,393,861 $664,764
2022 $24,987 $2,018,261 $1,366,531 $651,730
2021 $24,376 $1,978,688 $1,339,737 $638,951
2019 $2,874 $128,736 $49,200 $79,536
2018 $2,682 $126,213 $48,236 $77,977
2016 $2,502 $121,314 $46,364 $74,950
2015 $2,470 $119,493 $45,668 $73,825
2014 $2,487 $117,153 $44,774 $72,379
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2025 12/16/25 Price Changed $2,795,000 -5.3% $812 / Sq Ft
11/04/2025 11/04/25 For Sale $2,950,000 +53.6% $857 / Sq Ft
01/03/2019 01/03/19 Sold $1,920,000 +9.7% $558 / Sq Ft View Prior Sale
08/30/2018 08/30/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $1,750,000 -- $509 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25618251

The MLS
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