$2,175,100
About this home
Probate Sale – Court Confirmation Required Well-located 9-unit apartment building in the highly desirable Santa Monica market. Situated on a clean street surrounded by similar multifamily properties, this asset offers strong rental demand and long-term investment potential. Unit mix includes one (1) 3-bed/2-bath, one (1) 2-bed/1.5-bath, and seven (7) 1-bed/1-bath units. The property features three (3) front garage spaces and four (4) rear parking spaces. Approximately 13 blocks from the Santa Monica Pier and ocean, with close proximity to transportation, shopping, and dining. Value-add opportunity with four (4) units to be delivered vacant. Ideal for investors and 1031 exchange buyers seeking upside in a prime coastal location. Sale Details: Court confirmation required. Hearing date secured. Inspection: This inspection has been cancelled as of 3/31/26 Offers due: 4/6/26 at 11:59 PM Offers subject to interior inspection. New court appraisal completed (see private remarks). Offering Memorandum available in Supplements.
Facts & features
- Fireplace
- Gas, None
- Heating
- Wall Furnace
- Cooling
- None
- Laundry
- Common Area
- Levels
- Two
- Lot size
- 0.172 acres (7,490 sq ft)
- Pool
- None
- Year built
- 1960
- Parking spaces
- 3
- Area
- C 14 - Santa Monica
- County
- Los Angeles
- Community features
- Biking, Curbs, Park, Storm Drains, Street Lights, Sidewalks
- Status
- Active
- Property type
- Apartment
- Days on market
- 746
- Listed
- 2024-03-14
- Original price
- $2,750,000
- Terms
- Cash, Conventional, Exchange 1031
- Parcel #
- 4282033014
- MLS #
- RS24052918
