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5-Unit Bungalow-Style Apartment Building
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1031 10th St, Santa Monica, CA 90403

Bungalow-style multifamily property with five units in Santa Monica’s North of Wilshire area.

Property Size3,900 SF
Lot Size0.17 Acres
Price / SF$615.38
Days on Market341

Property Features for 1031 10th St

General Information

Standard status Active
Size 3,900 SF
Net Rentable 3,900 SF
Total Parking Spaces 5
Lot size 0.17 Acres
Property subtype Multifamily
Zoning SMR2
Net Operating Income $86,018

Additional Details

Multifamily Units 5

Building Details

Year Built 1950
Stories 4
Units 5
Construction bungalow-style
Listing Agency: WESTMAC
Listed By: Woody Cook · License #02072494
Source: Crexi
Added: Sep 30, 2025 Changed: Aug 30 Last Checked: Aug 30 at 9:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WESTMAC

Investment Insights

Based on property information with market context.

This five-unit bungalow-style apartment property was built in 1950 and provides approximately 3,900 square feet of rentable space on a 7,503-square-foot lot. The asset is zoned SMR2 and offers a compact multifamily configuration in Santa Monica’s North of Wilshire area.

The property is positioned 10 blocks from the beach and near Palisades Park, Montana Avenue, and Santa Monica Boulevard. The surrounding area includes boutiques, cafes, restaurants, and nearby schools such as St. Monica Catholic School and Lincoln Middle School. Its location also provides access to the broader Westside and Santa Monica’s coastal setting.

Key Highlights

  • Five‑unit multifamily property
  • Approximately 3,900 square feet of rentable space
  • 7,503‑square‑foot lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Restaurant Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

6,252
Businesses Nearby

Demographics for 90403, CA

25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Bungalow-style multifamily property with five units in Santa Monica’s North of Wilshire area.
Where is this apartment building located?
The property is located at 1031 10th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Five‑unit multifamily property; Approximately 3,900 square feet of rentable space; 7,503‑square‑foot lot
(310) 966-4383 Call to check price and availability
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