Apartment Building

Santa Monica, CA Apartment Buildings for Sale

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Contemporary Five-Unit Apartment Building
Updated: Jul 23
Contemporary Five-Unit Apartment Building

1817 Euclid St, Santa Monica, CA 90404

$2,995,000
5,027 sqft 0.17 AC lot
Five‑unit apartment property with 5,027 square feet on a 0.1719‑acre lot
Four units vacant; one 2‑bedroom, 1‑bath unit tenant‑occupied
Unit mix includes a 3‑bedroom, 2‑bath residence, 1‑bedroom units, and 2‑bedroom, 1‑bath units
Three existing spaces identified for potential conversion to up to three ADUs
Approximately 13 blocks from the beach and about five blocks from the Expo Line
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Courtyard Apartment Building with Six 1-Bed Units
Updated: Jul 9
Courtyard Apartment Building with Six 1-Bed Units

833 16th St, Santa Monica, CA 90403

$2,800,000
4,071 sqft 0.17 AC lot
Six 1‑bedroom units in a courtyard‑style building built in 1941
Four units currently vacant; two additional units potentially available in the near term
Five units with original hardwood flooring; one unit updated with laminate
Four ground‑floor units with both front and rear entrances
Five single‑car attached garages
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Six-Unit Apartment Building
Six-Unit Apartment Building

828 16th St, Santa Monica, CA 90403

$4,895,000
9,700 sqft 0.17 AC lot

The three-level front residence includes a bonus room, private laundry, and four-car garage.

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We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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10-Unit Apartment Building with Parking
10-Unit Apartment Building with Parking

1444 Euclid, Santa Monica, CA 90404

$2,800,000
6,248 sqft 0.17 AC lot

Built in 1958, this 10-unit multifamily property offers a mix of studios and one- and three-bedroom units with on-site parking.

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Approved 7-Unit Apartment Property
Approved 7-Unit Apartment Property

914 18th St, Santa Monica, CA 90403

$2,495,000
5,100 sqft 0.18 AC lot

Approved plans add three residences to a courtyard property with four existing bungalow-style homes.

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Spanish-Style Apartment Building
Spanish-Style Apartment Building

1118 15th St., Santa Monica, CA 90403

$3,350,000
0.17 AC lot

Eight bedrooms and eight bathrooms feature high ceilings, wood and tile flooring, and public utilities.

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23-Unit Apartment Building
23-Unit Apartment Building

1115 14th St, Santa Monica, CA 90403

$19,750,000
34,281 sqft 0.35 AC lot

Renovated multifamily property with varied unit layouts, central HVAC, elevator service, and subterranean parking.

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Updated 8-Unit Apartment Building
Updated 8-Unit Apartment Building

2648 23rd St, Santa Monica, CA 90405

$3,200,000
6,294 sqft 0.21 AC lot

Individually metered apartments feature private water heaters, spacious layouts, and interior upgrades in most units.

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Apartment Building with In-Unit Washer/Dryer
Apartment Building with In-Unit Washer/Dryer

1233 14th St, Santa Monica, CA 90404

$3,200,000
5,536 sqft 0.17 AC lot

Apartment building on 0.1718 acres with eight units, washer/dryer in all units, and SMR3* zoning.

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Apartment Building with Pool
Apartment Building with Pool

537 San Vicente Blvd, Santa Monica, CA 90402

$15,395,000
40,412 sqft 0.51 AC lot

A 33-unit community with on-site laundry, assigned parking, and a swimming pool.

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Six-Unit Apartment Building with Garages
Six-Unit Apartment Building with Garages

828 16TH Street, Santa Monica, CA 90403

$4,895,000
9,700 sqft

Mix of townhouse and single-level residences supports both owner-user and investment configurations.

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Mixed-Use Development Assembly
Mixed-Use Development Assembly

3024 Pico Boulevard, Santa Monica, CA 90405

$3,350,000

Three contiguous parcels combine residential, retail, and office components.

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20-Unit Apartment Building Portfolio
20-Unit Apartment Building Portfolio

1243 12th St, Santa Monica, CA 90401

$5,250,000
18,832 sqft 0.34 AC lot

Two adjacent buildings offer controlled entry, on-site laundry, and a varied residential unit mix.

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Apartment Building Near Palisades Park
Apartment Building Near Palisades Park

222 Idaho, Santa Monica, CA 90403

$7,795,000
15,640 sqft 0.34 AC lot

Multifamily community with studio, one-bedroom, and two-bedroom residences in Santa Monica.

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Pico Boulevard Mixed-Use Assembly
Pico Boulevard Mixed-Use Assembly

3024 Pico Boulevard, Santa Monica, CA 90405

$3,350,000
3,042 sqft 0.40 AC lot

Three contiguous parcels combine residential, retail, and office occupancy along a commercial boulevard in Santa Monica.

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Santa Monica Multifamily Investment
Santa Monica Multifamily Investment

1813 9th Street, Santa Monica, CA 90404

$2,800,000
7,763 sqft 0.17 AC lot

Value-add multifamily property in a desirable Santa Monica location.

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1950s Walkup Apartment Building
1950s Walkup Apartment Building

1129 Lincoln BLVD, Santa Monica, CA 90403

$3,700,000
7,377 sqft

Two-story walkup features 10 rent-controlled units, gated courtyard access, on-site laundry, and parking garages plus surface spaces.

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Bungalow-Style Apartment Building
Bungalow-Style Apartment Building

914 20th St, Santa Monica, CA 90403

$3,475,000
3,882 sqft 0.18 AC lot

Six-unit multifamily property with private patios, garage parking, and individual laundry facilities.

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8-Unit Apartment Building
8-Unit Apartment Building

1127 5th St, Santa Monica, CA 90403

$2,550,000
6,366 sqft 0.17 AC lot

Single-building community offers a varied mix of studio, one-bedroom, and two-bedroom residences.

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Mid-Century Multifamily with Garages
Mid-Century Multifamily with Garages

2648-2662 23rd Street, Santa Monica, CA 90405

Contact for pricing
6,294 sqft

Eight-unit mid-century building on a corner lot with individual meters, six 1-car garages, and a carport.

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5-Unit Apartment Property
5-Unit Apartment Property

2302 32nd St, Santa Monica, CA 90405

$2,075,000
0.21 AC lot

Three structures include a vacant two-bedroom unit and four one-bedroom units.

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Partially Renovated 10-Unit Apartment
Partially Renovated 10-Unit Apartment

1323 11th St, Santa Monica, CA 90401

$3,500,000
0.17 AC lot

10-unit apartment community with 80% unit renovations and a mix of one- and two-bedroom residences.

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7-Unit Townhome-Style Apartment Building
7-Unit Townhome-Style Apartment Building

1507 Berkeley St, Santa Monica, CA 90404

$2,400,000

Two-story residences offer private ground-level entrances, spacious layouts, and select outdoor patios.

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16-Unit Apartment Property
16-Unit Apartment Property

2711 Pico Blvd, Santa Monica, CA 90405

$5,990,000
0.48 AC lot

Two side-by-side buildings offer a varied apartment mix with rear parking.

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Santa Monica, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Santa Monica, CA, showcased through 61 active listings on our real estate platform. These investment opportunities span a total of 224,780 square feet of properties for sale, with an estimated market value of $188,055,000.

Sale prices for two-family homes in Santa Monica, CA start at $2,075,000, averaging $4,821,923, and reaching up to $19,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 94K
Population Growth (5Y) +0.4%
Median Household Income $116,661
College Educated 46.0%

High-Yield Neighborhoods for Investment

Identify Santa Monica submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
90404 $2.8M
90403 $3.6M
90405 $4.6M
90401 $4.8M
90402 $15.4M

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $5.19 per SF
Tax Rate vs County Average 0.07 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Los Angeles County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Los Angeles County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Santa Monica fall within the 5,000 to 10,000 square foot range.

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