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Steven Shearrill

steven.shearrill@gmail.com +1(619) 368-7141

$ 3,750,000

Est. payment | -/mo

12 Beds

6 Baths

4,687 SqFt

Save

$ 3,750,000

Est. payment | -/mo

Save

12 Beds

6 Baths

4,687 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,687 sqft

Price per Sqft $800

MLS Listing ID 26652363

Bedrooms 12

HOA Y/N No

Year Built 1961

Lot Size 5,876 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Heating Wall Furnace

Flooring Laminate, Tile

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator

Laundry Laundry Room, Outside

Exterior

Parking Features Covered, Door-Multi, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

View Y/N Yes

View City Lights, Mountain(s)

Total Parking Spaces 10

Private Pool No

Building

Story 2

Entry Level Two

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4289005009

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by James Scott Suarez Real Broker #01433992

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(619) 368-7141

steven.shearrill@gmail.com

Learn More About LPT Realty

643 Pacific ST Santa Monica, CA 90405