Skip main navigation
Off market
  • Tax assessed value
    $3,263,214

    1603 Idaho Ave, Santa Monica, CA 90403

    12beds
    8baths
    6,310sqft
    MultiFamily
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $517/sqft
    $4,340 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,340/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,340/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,340/mo

    Rent Zestimate®

    Refinance and save

    $20,764/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $20,764/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Exceptional opportunity to acquire this classically traditional 6 unit apartment building. Located in one of the most coveted areas of Santa Monica, this trophy offering consists of 2 structures commanding an impressive corner lot. Perched on a gentle slope well above the palm lined street affords all units an abundance of natural light as well as impressive views and ocean breezes! Unit mix consisting of (4) 2 bed+1 bath, and (2) 2 bed + 2 bath units. All units have tremendous upside potential with character details such as hardwood flooring and dental moldings, 2 units with spacious patios. Excellent parking includes (4) 1-car garages, (1) 2-car garage, and (1) carport space. This rare multi-family property enjoys a premium setting, nestled conveniently between the 2 iconic corridors of Montana Ave and Wilshire Blvd with easy access to the waterfront bluffs and pier, the promenade and all things Santa Monica, including storied tech and industry stalwarts. Massive upside potential here with huge room for income growth and steady CAP rate increases. This is a gem and a true legacy addition to any portfolio. Inside with an accepted offer and please DO NOT DISTURB TENANTS.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Wall, Gas
    Cooling
    • None
    Appliances
    • Laundry: Community, Room, Outside
    Interior area
    • Total interior livable area: 6,310 sqft

    Property

    Parking
    • Total spaces: 7
    Features
    • Levels: Two
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,487 Square Feet
    Details
    • Parcel number: 4281001013

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1938

    Community & HOA

    Location
    • Region: Santa Monica

    Financial & listing details

    • Price per square foot: $517/sqft
    • Tax assessed value: $3,263,214
    • Annual tax amount: $41,313

    Price history

    DateEventPrice
    9/3/2021Sold$3,075,000-6.7%$487/sqft
    Source: Public Record Report a problem
    9/3/2021Pending sale$3,295,000$522/sqft
    Source: CLAW #21769200 Report a problem
    8/5/2021Listed for sale$3,295,000-5.9%$522/sqft
    Source: CRMLS #21769200 Report a problem
    9/15/2017Sold$3,500,000$555/sqft
    Source: CLAW #17261244 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$41,313 +6.7%$3,263,214 +2%
    2024$38,736 +1.6%$3,199,230 +2%
    2023$38,127 +1.2%$3,136,500 +2%
    2022$37,667 -15.3%$3,075,000 -16.4%
    2021$44,469 +0.7%$3,679,124 +1%
    2020$44,170 $3,641,400 +2%
    2019$44,170 +7.4%$3,570,000 +2%
    2018$41,142 $3,500,000 +1450.2%
    2017$41,142 +908.4%$225,773 +2%
    2016$4,080 +4.9%$221,347 +1.5%
    2015$3,891 +1.1%$218,023 +2%
    2014$3,850 $213,753 +4.5%
    2011-- $204,528 +0.8%
    2010-- $203,001 -0.2%
    2009-- $203,484 +2%
    2008-- $199,495 +2%
    2007-- $195,584 +2%
    2006-- $191,750
    2005-- $191,750 +6%
    2003-- $180,930 +2%
    2002-- $177,383 +4%
    2000-- $170,497
    Find assessor info on the county website

    Neighborhood: Wilshire/Montana

    Nearby schools

    GreatSchools rating