Unlock the potential of this exceptional income property in the heart of Santa Monica. Set on a 7,500 sq ft lot zoned SMC4, this rare offering includes five detached bungalows and four rentable garages, providing a unique blend of charm, flexibility, and value-add opportunity.With four of the five units delivered vacant, investors have immediate upside through renovation, lease-up, or redevelopment. Whether you're seeking stable rental income, a 1031 exchange candidate, or a future development play, this property offers the versatility and location to match.Ideally situated near the Expo Line, shops, restaurants, and Santa Monica Beach, this is your chance to own a piece of one of L.A.'s most desirable coastal neighborhoods. Don't miss out on this rare find - opportunities like this are few and far between.
Sold for $2,035,000
Zillow last checked:
Listing updated:
Bought with:
Benjamin Russell, DRE # 02100634
Source: CLAW,MLS#: 25570821
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | $2,035,000-11.3%$630/sqft |
Source:  CLAW #25570821 Report a problem | ||
| 11/29/2025 | Pending sale | $2,295,000$711/sqft |
Source: CLAW #25570821 Report a problem | ||
| 10/15/2025 | Contingent | $2,295,000$711/sqft |
Source: CLAW #25570821 Report a problem | ||
| 9/18/2025 | Price change | $2,295,000-4.2%$711/sqft |
Source: CLAW #25570821 Report a problem | ||
| 7/29/2025 | Listed for sale | $2,395,000$741/sqft |
Source: CLAW #25570821 Report a problem | ||
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Estimated market value
$2,038,600
