Santa Monica (C14) Homes with Apartment Subtype

Santa Monica (C14) Homes with Apartment Subtype

Welcome to Santa Monica, California—a vibrant coastal gem nestled in Los Angeles County, renowned for its stunning beaches, lively atmosphere, and eclectic culture. This iconic city offers a unique blend of urban sophistication and laid-back beach life, making it one of the most desirable places to call home in Southern California.

Santa Monica boasts a rich history, characterized by its famous pier, which has been a beloved landmark since 1909. The bustling Third Street Promenade is a shopper's paradise, lined with boutique stores, art galleries, and an array of dining options that cater to every palate. With an average of 300 sunny days a year, residents enjoy an outdoor lifestyle, whether it’s surfing the Pacific waves, biking along the scenic beachfront path, or relaxing in one of the numerous parks.

For those interested in the apartment lifestyle, Santa Monica offers a diverse range of homes that cater to different tastes and budgets. From chic studio apartments with ocean views to spacious multi-bedroom units in modern complexes, there’s something for everyone. Many of these residences feature contemporary amenities such as rooftop pools, fitness centers, and communal spaces, perfect for socializing with neighbors or unwinding after a long day.

Living in Santa Monica means embracing a lifestyle filled with art, culture, and a strong sense of community. With its proximity to major tech hubs, entertainment industries, and world-renowned attractions, this city not only offers a beautiful place to live but also endless opportunities for work and play. Discover your dream apartment in Santa Monica and experience the perfect blend of beachside bliss and urban excitement!

Newest Santa Monica (C14) Homes with Apartment Subtype

1125 19th Street, Santa Monica
$3,495,000
SR26241904 MLS ⋅ Active Status
1125 19th Street presents a multifamily investment opportunity in Santa Monica's Wilshire-Montana neighborhood, featuring four original residences plus a newly constructed ADU, for a total of five residences. Situated on an approximately 7,182-square-foot lot, the property consists of three distinct structures with updated interiors, private outdoor spaces, and a four-unit-plus-ADU configuration that may provide qualified buyers with both residential and commercial financing options, subject to lender underwriting and program requirements. The property includes a two-bedroom, two-bath front residence with a private lawn and porch, offering flexibility for owner-users and investors. A second home sits farther into the landscaped grounds, while the rear structure includes two upper one-bedroom residences, two garages, and a newly constructed one-bedroom ADU with a private yard. This arrangement provides separation and privacy between residences. Ownership reports approximately $700,000 in improvements over the past three years, including approximately $175,000 invested in the new ADU. The four original residences have undergone substantial interior renovations, including new kitchens, bathrooms, flooring, lighting, and in-unit laundry. Additional improvements include a new five-meter electrical service, extensive rewiring and panel upgrades, copper plumbing, individual water heaters, updated heating and air conditioning, roof improvements, exterior finishes, and landscaping. The two garages offer potential ancillary parking or storage income, subject to leasing and buyer verification. Located just north of Wilshire Boulevard, the property is near Montana Avenue's shopping and dining destinations, Whole Foods Market, Trader Joe's, Providence Saint John's Health Center, and Douglas Park. Santa Monica State Beach, Palisades Park, and Downtown Santa Monica are also nearby. With four original residences plus a new ADU, extensive capital improvements, potential financing flexibility, and an established coastal location, 1125 19th Street offers a boutique multifamily opportunity in Santa Monica.

1125 19th Street, Santa Monica
848 5th Street, Santa Monica
$4,075,000
SR26204863 MLS ⋅ Active Status
The Fifth & Montana is a 10-unit multifamily property located at 848 5th Street in Santa Monica's Wilshire-Montana neighborhood, approximately one block south of Montana Avenue. The property comprises two buildings featuring a diverse unit mix, 12 parking spaces serving 10 units, landscaped common areas, and convenient access to Montana Avenue's shopping, dining, and neighborhood amenities. Built in 1956 and 1964, the property comprises two buildings totaling approximately 7,192 square feet on an approximately 7,492-square-foot lot. The unit mix includes three studios, six one-bedroom residences, and a townhome-style three-bedroom, three-bath front residence. The three-bedroom residence features generously sized bedrooms and bathrooms, a fireplace, washer/dryer hookups, a large private deck, and a spacious residential-style layout. The property provides 12 parking spaces, including seven subterranean spaces and five rear alley garage spaces. Six of the ten units have undergone renovations, including three remodeled since 2024. Additional property improvements include a roof overlay completed in early 2024, Vulkem deck work completed in 2023, exterior painting, and staircase improvements. Select residences feature updated kitchens and bathrooms, stainless steel appliances, hardwood-style flooring, exposed-beam ceilings, and outdoor space. Additional amenities include a dedicated laundry room and landscaped common areas. Located in Santa Monica's Wilshire-Montana neighborhood, The Fifth & Montana offers convenient access to Montana Avenue's restaurants, cafes, boutiques, retail establishments, and neighborhood services. Nearby destinations include Palisades Park, the Santa Monica coastline, Downtown Santa Monica, Third Street Promenade, and Santa Monica Place. The surrounding area provides access to shopping, dining, recreation, public transportation, and major Westside employment centers. The property also has a reported 95 Bike Score (Biker's Paradise) and 84 Walk Score (Very Walkable).

848 5th Street, Santa Monica
1017 5th, Santa Monica
$5,199,000
SB26194031 MLS ⋅ Active Status
An exceptional opportunity to acquire a meticulously remodeled 11-unit apartment building in one of Santa Monica’s most coveted North of Wilshire locations. 1017 5th Street offers the rare combination of a true trophy-quality location, high-end renovated units and investment returns that are exceedingly difficult to find in prime Santa Monica. Offered at $5,199,000, the property generates a compelling 5.75% current cap rate and 12.39 GRM, providing investors with unusually strong in-place cash flow for an asset of this quality and location. The investment becomes even more compelling on pro forma rents, reaching approximately a 7.13% cap rate and 12.39 GRM, with roughly 19% remaining rental upside. The property has undergone extensive upgrades and features beautifully remodeled, high-end units designed to attract Santa Monica’s premium renter base. This is not a heavy value-add project requiring years of construction, tenant turnover and capital expenditures. The work has largely been done, creating an exceptionally easy-to-own and easy-to-manage asset with strong income from day one.

1017 5th, Santa Monica
222 228 Idaho, Santa Monica
$7,395,000
SR26186919 MLS ⋅ Active Status
Price Just Reduced - The Idaho & 3rd Apartments are a well maintained 20-unit apartment community located in the primest of prime locations in Santa Monica, California. Set amid lush surroundings on a 15,006 square foot lot, the 15,640 square foot property offers studios, one- and two-bedroom apartment homes. Built in 1954, the property offers, a phenomenal rental location and superb freeway access. Highlights: * Prime Prime Prime Location * Two Blocks to Palisades Park * 10%+ Upside in Rents on * As Is Condition * Renovation & Reposition Opportunity

222 228 Idaho, Santa Monica
1129 Lincoln Boulevard, Santa Monica
$3,100,000
SB26051364 MLS ⋅ Active Status
The subject property (Lincoln Park Apartments) is a Classic 1950's two story walkup apartment building with 10 units. There are 3 two bedroom units, 5 one bedroom units, and 2 Studio apartments. The property features a gated central courtyard for access to the common area and entry for all of the units. There is a laundry room on site and 7 parking garages, in addition to the front parking area for 3 more vehicles. Future potential for ADU conversion of the garages. The units are subject to City of Santa Monica Rent Control and all units are below market with upside in rental income as units turnover. The property is in one of the most desirable areas of Santa Monica, just north of Wilshire Boulevard across from beautiful Reed Park which encompasses a full city block and has picnic tables, benches, basketball courts, public and private tennis courts. This quiet apartment complex is a short walk or bike ride to, 3rd Street Promenade with it's many shops and restaurants, the park along Ocean Avenue, Santa Monica State Beach, and The Santa Monica Pier. Properties in this area rarely become available, and are in high demand.

1129 Lincoln Boulevard, Santa Monica
1813 9th Street, Santa Monica
$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
1547 Euclid Street, Santa Monica
$2,175,100
RS24052918 MLS ⋅ Active Status
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.

1547 Euclid 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.

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