Santa Monica (C14) Homes with Apartment Subtype

Santa Monica (C14) Homes with Apartment Subtype

Welcome to Santa Monica, a vibrant coastal gem nestled in Los Angeles County, California. Known for its stunning beaches, lively atmosphere, and rich cultural heritage, Santa Monica is a place where the sun shines almost year-round, making it a perfect destination for both residents and visitors alike.

Santa Monica boasts a unique blend of urban sophistication and laid-back beach life, with the iconic Santa Monica Pier serving as a focal point for fun and entertainment. The bustling Third Street Promenade offers a plethora of shopping, dining, and entertainment options, ensuring that there’s always something to do just steps from your front door. With its breathtaking ocean views, lush parks, and a strong sense of community, Santa Monica is ideal for those seeking a fulfilling lifestyle.

For those looking to settle in this coastal paradise, the housing market in Santa Monica features a variety of homes, including charming apartments that cater to diverse needs and preferences. Whether you’re a young professional seeking a chic studio or a family in search of a spacious multi-bedroom apartment, Santa Monica has something for everyone. Many of these apartment homes are designed with modern amenities, offering a comfortable and stylish living experience.

Living in Santa Monica means embracing a lifestyle filled with outdoor adventures, cultural experiences, and a tight-knit community. From sun-soaked days at the beach to evenings spent enjoying local art and music, this region is a true treasure on the California coastline. Come discover the magic of Santa Monica and find your perfect apartment in this idyllic setting!

Newest Santa Monica (C14) Homes with Apartment Subtype

$2,980,000
AR26033449 MLS Active Status
We are proud to present a rare opportunity to acquire a well-located, 6 unit multifamily asset in the heart of Santa Monica, just a few blocks away from the beach. Built in 1963, the property spans approximately 7,763 square feet on a 7,485 square feet lot and boasts an exceptional unit mix of two 2-bedroom / 1.5-bath townhouse style units, three 3-bedroom / 2-bath units, and one 3-bedroom/1.5-baths townhouse -style unit. The units feature spacious floor plans and ample closet space. The well-maintained property is separately metered for gas & electric, serviced by a central water heater, and offers an on-site laundry facility, one 2-car garage with storage rooms, and five carport parking spaces with storage bins. In recent years, the property has had significant capital improvements including a newer roof, copper plumbing in most units, multiple updated electrical sub-panels, replacement of a complete full main sewer line, and a new water heater in the laundry room. Two units have been extensively upgraded to include individual tankless water heaters & in-unit laundry, upgraded flooring, new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances including gas stove, refrigerator, microwave & dishwasher, new bathrooms, dual pane windows, and new lighting. These upgrades address deferral maintenance, improve building functions, enhance tenant experience, and will meaningfully increase the long-term value & performance of the property. The current rent is still below the market, a new owner is presented with the opportunity to increase rent to market price upon vacancy and further increase rental income with complete unit renovations of remaining unrenovated units. Additionally, the architectural work for the back carport ADU conversion is completed and ready to pull permits. This project will create two rentable studio units and will significantly increase both property value and cash flow. With stable income in place and meaningful upside through interior renovations and tenant turnover, the property presents a compelling blend of immediate cash flow & long term appreciation potential. This is a rare chance to own a turnkey asset in one of the most affluent & high-demand rental markets in Southern California.

1813 9th Street, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.