Santa Monica, CA90405
| 6882 sqft | MLS# 26650045
Tract:
For Sale $2,975,000
Description
Roque & Mark Co. is pleased to represent this well maintained 6-unit apartment building in the Ocean Park neighborhood of Santa Monica. This property is only 6 blocks to Main St. and 8 blocks to the beach. The front unit is a huge 3 bedroom + 3 baths "Owner's Unit" that is approx. 2,000 sf. It has a private, 4 car oversized attached garage with additional driveway parking. Excellent unit mix consisting of (1) 3 beds + 3 baths, (3) 2 beds + 2 baths, and (2) 1 bed + 1 bath + bonus room. The bonus rooms function like a bedroom, just without a closet. The entire building has upgraded dual paned windows. The property is fully occupied and currently offered at a 13 GRM and 510 CAP rate. 5 additional parking spaces located off the alley. Every unit has a reserved parking space. All soft-story retrofitting and balcony inspections have been completed. Several units have been luxuriously upgraded. For investors, this is an opportunity to acquire a solid, well-located coastal multifamily asset with lasting appeal and upside potential in an area known for high barriers to entry and enduring desirability. This is a quiet street despite its close proximity to shops, cafes, and restaurants. Subject to City of Santa Monica rent control.
Facts
| Built in 1973 | Lot Size: 6594.00 sqft | HOA Dues: $0/month
Features
Listing provided by David Schuchman, Roque & Mark Company, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of February 18, 2026. 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.
