Santa Monica Canyon Development
153 W Channel Rd, Santa Monica, CA 90402
MULTI_FAMILY - Santa Monica, CA
Property size:
2,700 SFLot size:
0.10 AcresPrice / SF:
$2,775/SF- Added:
- Jan 16, 2026
- Days on Market:
- 125
- Last Refresh:
- May 21 at 1:06 pm
Property Features for 153 W Channel Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAC2
- Bedrooms
- 11
- Bathrooms
- 10
- Rooms
- Bathroom 4, Bedroom 4, Bedroom 11, Bathroom 1, Bedroom 9, Bathroom 8, Bathroom 2, Bathroom 6, Bathroom 9, Bathroom 10, Bathroom 5, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 10, Bathroom 7, Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 8, Bedroom 1
- Parking features
- Assigned, Driveway
- Standard status
- Active
- APN
- 4410-012-028
- Size
- 2,700 SF
- Lot size
- 0.10 Acres
Utilities
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 9
- Architectural style
- Contemporary
Listing agent James Allan License #01180635 (310) 704-0007
Listing office Compass 2113-2115 Main St., Los Angeles, CA (310) 437-7500
Listing date Jan 16, 2026
MLS# 26638663
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare development opportunity: Four contiguous parcels totaling 17,136 sq ft, located 1/5 block from the beach in Santa Monica Canyon.
- High‑density development potential: Zoned C‑2Q, allowing for 30 units, with potential for up to 59 units using R‑4 density bonus (subject to parking requirements).
- Existing income‑generating properties: Includes two 4‑unit buildings and a single‑family home, with a potential market rent of $444,000 at a 4 cap.
- Ocean views: Multiple units and the single‑family home offer ocean views.
- Vacant units and home: Three units in each of the 4‑unit buildings will be vacant at close of escrow, along with the single‑family home, providing immediate opportunities for renovation or rental increases.
- Preliminary development feasibility: Renderings available from Ketter Construction for a 30‑unit development with commercial space and a gym (convertible to ADU).
Overview
Located in the Santa Monica Canyon, this rare development opportunity is situated one-fifth of a block from the beach. The property, with a Santa Monica mailing address but governed by Los Angeles City building codes, is located between W Channel Rd and backs onto Chautauqua Blvd. The total lot size is 17,136 square feet, comprised of four separate parcels. These parcels, to be sold concurrently, currently include two four-unit buildings, a single-family house, and a vacant lot. The current zoning, LAC2, could allow for 30 units, and an R-4 density bonus could potentially allow up to 59 units if parking limits are met. One of the four-unit buildings, located at 153 W Channel Rd, offers ocean views and has a current gross income of $139,016 per year, with three units vacant at the close of escrow. The other four-unit building, located at 157 W Channel Rd, is a two-story structure built in 1928 with canyon and ocean views and a current gross income of $158,532, with three units being delivered vacant at close. The single-family home, approximately 1500 square feet with three bedrooms and two bathrooms, also offers some ocean views and will be vacant at the close of escrow. The projected rent for this home is $96,000 yearly. The vacant lot is 4488 square feet and is currently used as a garden. Preliminary development feasibility studies have been conducted, and renderings are available from Ketter Construction and development firm for a 30-unit building with one commercial space and a gym, which could later be converted to an ADU. The property's potential market rent is $444,000 at a 4 cap.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Crawford Air Duct ...
HVAC Service
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.518623
- Latitude
- 34.029255
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rare development opportunity near the beach in Santa Monica Canyon.
Where is this apartment building located?
The property is located at 153 W Channel Rd Santa Monica, CA.
What is the asking price?
The asking price for this property is $7,495,000.
What are key features of this property?
This property features: Rare development opportunity: Four contiguous parcels totaling 17,136 sq ft, located 1/5 block from the beach in Santa Monica Canyon.; High‑density development potential: Zoned C‑2Q, allowing for 30 units, with potential for up to 59 units using R‑4 density bonus (subject to parking requirements).; Existing income‑generating properties: Includes two 4‑unit buildings and a single‑family home, with a potential market rent of $444,000 at a 4 cap.
