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7-Unit Apartment Building
For Sale
$3,195,000

1142 Harvard St, Santa Monica, CA 90403

A mix of bungalow residences and two ADUs includes in-unit laundry and a loft layout.

Property Size4,001 SF
Days on Market8

Property Features for 1142 Harvard St

General Information

Standard status Active
Size 4,001 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Northeast

Units

Unit Mix 6 x 1BR/1BA, 1 x 1BR+loft/1BA
Multifamily Units 7

Amenities

hardwood floors
in-unit washer/dryer

Building Details

Building Size 4,001 SF
Year Built 1930
Listing Agency: Compass
Listed By: Susan Kastner · License #01237053
Source: Frontgaterealestate
Added: Oct 30 Changed: Nov 2 Last Checked: Nov 4 at 11:21PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment property in Santa Monica combines five Spanish-style bungalow residences with two ADUs. Each bungalow has one bedroom and one bath, hardwood floors, and an in-unit washer and dryer. The upper ADU has a one-bedroom plan with a loft; the lower has one bedroom and one bath. The property dates to 1930, and the ADUs are expected to be completed within apx. 1 month.

Three to four units are scheduled to be vacant at close of escrow, with a fifth possibly available. The property also has potential for 3-4 on-site parking spaces. Redevelopment of the bungalow portion may be possible, subject to buyer verification.

Key Highlights

  • 7‑unit property with five bungalow residences and two ADUs
  • Five one‑bedroom, one‑bath bungalows have hardwood floors and in‑unit washers and dryers
  • Upper ADU has a one‑bedroom layout with a loft; lower ADU has one bedroom and one bath

Property Analytics

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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

5,629
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Santa Monica, CA

$539 Jul
$545 Aug
$552 Sep
$573 Oct

Properties on Market for Apartment buildings in Santa Monica

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of bungalow residences and two ADUs includes in-unit laundry and a loft layout.
Where is this apartment building located?
The property is located at 1142 Harvard St Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: 7‑unit property with five bungalow residences and two ADUs; Five one‑bedroom, one‑bath bungalows have hardwood floors and in‑unit washers and dryers; Upper ADU has a one‑bedroom layout with a loft; lower ADU has one bedroom and one bath
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