Five-Unit Apartment
For Sale
$3,900,000
1833 19th St, Santa Monica, CA 90404
Two-building five-unit multifamily asset with private patio/yard space, in-unit laundry, and on-site parking.
Property Size5,374 SF
Days on Market43
Property Features for 1833 19th St
General Information
Standard status
Active
Size
5,374 SF
Property subtype
Multifamily
Additional Details
Cap Rate
7.49%
Multifamily Units
5
Amenities
Four of Five Units Delivered Vacant: Rare opportunity to reposition 80 percent of units and lease up at market rates
Strong Unit Mix: Five-unit property featuring a 4BD/3BA house, three 2BD/1BA units, and one 1BD/1BA unit for broad tenant appeal
Desirable Amenities: In-unit laundry, private patio/yard space, select interior upgrades, and on-site parking, enhancing resident satisfaction and long-term rental demand.
Prime Location One Block to Santa Monica College: Built-in tenant demand complemented by easy access to the beach, major employers, shopping, dining, and entertainment
Building Details
Building Size
5,374 SF
Units
5
Listing Agency:
Marcus & Millichap - Orange County
(562) 257-1289
Listed By:
David O'Keefe · License #License(s): CA: 01928739
(562) 257-1289
Source:
Marcusmillichap
Added: Jul 19
Changed: Aug 17
Last Checked: Aug 29 at 5:49AM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This five-unit apartment property is offered in a two-building configuration. The unit mix includes one four-bedroom/three-bathroom house, three two-bedroom/one-bathroom units, and one one-bedroom/one-bathroom unit. On-site amenities include private patio and yard space, in-unit laundry, and on-site parking.
The property is located just one block from Santa Monica College, supporting a steady base of rental demand tied to the campus community.
Four of the units are expected to be delivered vacant, providing an immediate opportunity to lease those spaces following acquisition.
The property is located just one block from Santa Monica College, supporting a steady base of rental demand tied to the campus community.
Four of the units are expected to be delivered vacant, providing an immediate opportunity to lease those spaces following acquisition.
Key Highlights
- Two‑building five‑unit multifamily property in Santa Monica
- Unit mix includes one 4BD/3BA house, three 2BD/1BA units, and one 1BD/1BA unit
- Four units will be delivered vacant
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
4,157
Businesses Nearby
Explore this area
Business Placement
Demographics for 90404, CA
21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building five-unit multifamily asset with private patio/yard space, in-unit laundry, and on-site parking.
Where is this apartment building located?
The property is located at 1833 19th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Two‑building five‑unit multifamily property in Santa Monica; Unit mix includes one 4BD/3BA house, three 2BD/1BA units, and one 1BD/1BA unit; Four units will be delivered vacant
