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7-Unit Apartment Building
New
For Sale
$2,475,000

1315 Idaho Ave, Santa Monica, CA 90403

The seven residences include a spacious owner’s apartment and a varied mix of studio, one-bedroom, and two-bedroom layouts.

Property Size4,072 SF
Days on Market4

Property Features for 1315 Idaho Ave

General Information

Standard status Active
Size 4,072 SF
Property subtype MULTI_FAMILY

Units

Unit Mix 4 x singles, 1 x 1BR, 1 x 2BR, 1 x 2BR Owner's unit
Multifamily Units 7

Building Details

Building Size 4,072 SF
Year Built 1962
Buildings 1
Listing Agency: Sullivan-Dituri Co.Realtors
Listed By: William Dawson · License #01059814
Source: Milsteinestates
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 11:20AM

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 Sullivan-Dituri Co.Realtors

Rey
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Investment Insights

Based on property information with market context.

This 1962 apartment property contains seven residences, including four studios, one one-bedroom apartment, one two-bedroom apartment, and a larger two-bedroom owner’s unit. The building is situated north of Montana Avenue in Santa Monica.

Shops and restaurants along Montana Avenue are a short walk away, and the beach is minutes from the property.

Key Highlights

  • Seven apartments: four studios, one one‑bedroom, and two two‑bedroom units
  • Owner’s apartment is a spacious two‑bedroom unit
  • Built in 1962

Property Analytics

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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,752
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

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 - The seven residences include a spacious owner’s apartment and a varied mix of studio, one-bedroom, and two-bedroom layouts.
Where is this apartment building located?
The property is located at 1315 Idaho Ave Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: Seven apartments: four studios, one one‑bedroom, and two two‑bedroom units; Owner’s apartment is a spacious two‑bedroom unit; Built in 1962
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