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For sale
    • $2,950,000

    2218 24th St, Santa Monica, CA 90405

    5beds
    6baths
    3,412sqft
    : 
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    Multi Family
    Built in 1947
    -- sqft lot
    $2,860,800 Zestimate®
    $865/sqft
    $-- HOA

    What's special

    The subject property is a five-unit residential income asset located at 2218 24th Street in the Sunset Park neighborhood of Santa Monica. Built in 1947 and zoned SMR1, the asset consists of a (1) 2-Bedroom/ 1.5-Bath + Office front house, (3) 1-Bedroom / 1-Bath units, and (1) Studio / 1-Bath unit, totaling 3,412 rentable square feet on a 7,514 SF lot. There are two garages. One two-car garage is facing the alley, while the other two-car garage is accessible from the courtyard and is currently used as storage. There are 5 total parking spaces on-site. The property is 100% occupied with substantial in-place rental upside, sitting just blocks from Whole Foods, Trader Joe's, the Bergamot Expo Line station, and Santa Monica College. Positioned just blocks from neighborhood shopping and restaurants, the property boasts a walk score of 88 (Walker's Paradise). There is a laundry room on-site with washer and dryer machines that are owned provided a great amenity and additional income. The property benefits from one of the Westside's most walkable submarkets, a quiet residential pocket with limited new supply, strong renter demand, and the long-term durability that defines Santa Monica multifamily.
    11 days
    |
    323
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William James DRE # 01734419 310-600-9858,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838,

    Peter James DRE # 01748556 310-467-7581,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 26854589MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      Heating
      • Wall
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Refrigerator, Range/Oven, Gas Water Heater
      • Laundry: Laundry Area
      Features
      • Has fireplace: Yes
      • Fireplace features: Den
      Interior area
      • Total structure area: 3,412
      • Total interior livable area: 3,412 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Assigned, Garage - 2 Car, Driveway, Covered
      • Garage spaces: 2
      • Uncovered spaces: 3
      Features
      • Levels: Multi/Split
      • Stories: 2
      • Entry location: Main Level
      • Patio & porch: Rear Porch, Awning(s)
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: City
      Lot
      • Size: 7,514 Square Feet
      • Dimensions: 51 x 147
      • Features: Single Lot, Rectangular Lot, Lot-Level/Flat, Street Lighting, Front Yard, City Lot
      Details
      • Additional structures: None
      • Parcel number: 4273007003
      • Zoning: SMR1*
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mid-Century
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Roof: Composition,Shingle
      Condition
      • Updated/Remodeled
      • Year built: 1947

      Utilities & green energy

      • Sewer: In Street
      • Water: Public

      Community & HOA

      Community
      • Security: Gated, Smoke Detector(s), Carbon Monoxide Detector(s), Security Lights
      Location
      • Region: Santa Monica

      Financial & listing details

      • Price per square foot: $865/sqft
      • Tax assessed value: $2,430,166
      • Annual tax amount: $31,009
      • Date on market: 7/6/2026
      • Total actual rent: 211548
      • Tenant pays: Gas, Electricity
      • Road surface type: Paved

        Estimated market value

        $2,860,800

        $2.72M - $3.00M

        $5,885/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$2,950,000-1.5%$865/sqft
        Source: CLAW #26854589 Report a problem
        4/29/2026Listing removed$2,995,000$878/sqft
        Source: CLAW #26646589 Report a problem
        3/16/2026Listing removed$7,200$2/sqft
        Source: Zillow Rentals Report a problem
        2/26/2026Listed for rent$7,200$2/sqft
        Source: Zillow Rentals Report a problem
        2/8/2026Listing removed$7,200$2/sqft
        Source: Zillow Rentals Report a problem
        2/3/2026Listed for sale$2,995,000+30.8%$878/sqft
        Source: CLAW #26646589 Report a problem
        1/7/2026Listed for rent$7,200-2.6%$2/sqft
        Source: Zillow Rentals Report a problem
        12/29/2025Listing removed$7,390$2/sqft
        Source: Zillow Rentals Report a problem
        11/17/2025Price change$7,390-1.3%$2/sqft
        Source: Zillow Rentals Report a problem
        10/20/2025Price change$7,490-4%$2/sqft
        Source: Zillow Rentals Report a problem
        10/7/2025Listed for rent$7,800+4.1%$2/sqft
        Source: Zillow Rentals Report a problem
        10/26/2024Listing removed$7,495$2/sqft
        Source: Zillow Rentals Report a problem
        10/3/2024Listed for rent$7,495$2/sqft
        Source: Zillow Rentals Report a problem
        8/27/2024Listing removed--
        Source: Zillow Rentals Report a problem
        8/8/2024Listed for rent$7,495$2/sqft
        Source: Zillow Rentals Report a problem
        9/30/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/30/2022Price change$7,495-3.3%$2/sqft
        Source: Zillow Rental Network_1 #22-192497 Report a problem
        8/8/2022Price change$7,750-0.6%$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/22/2022Price change$7,800-1.3%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/30/2022Price change$7,900-0.6%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/23/2022Price change$7,950-5.4%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/17/2022Listed for rent$8,400$2/sqft
        Source: Zillow Rental Manager Report a problem
        9/24/2021Sold$2,290,000$671/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,009 +6.5%$2,430,166 +2%
        2024$29,120 +1.6%$2,382,516 +2%
        2023$28,662 +1.2%$2,335,800 +2%
        2022$28,311 +532.2%$2,290,000 +666.5%
        2021$4,478 +0.7%$298,778 +1%
        2020$4,447 $295,715 +2%
        2019$4,447 +8.2%$289,918 +2%
        2018$4,110 $284,234 +2%
        2017$4,110 +1.7%$278,662 +2%
        2016$4,043 +3.9%$273,199 +1.5%
        2015$3,890 +1.4%$269,096 +2%
        2014$3,834 $263,825 +4.5%
        2011-- $252,437 +0.8%
        2010-- $250,551 -0.2%
        2009-- $251,147 +6.1%
        2006-- $236,664
        2005-- $236,664 +4%
        2004-- $227,475 +3.9%
        2002-- $218,930 +4%
        2000-- $210,430
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Sunset Park

        Getting around

        81 / 100
        Very Walkable
        55 / 100
        Good Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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