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Townhome-Style Multifamily Property
For Sale
Contact for pricing
Pending

1537 15th Street, Santa Monica, CA 90404

Three-story residential income property with private outdoor areas, in-unit laundry, and subterranean parking.

Property SizeContact for details
Days on Market144

Property Features for 1537 15th Street

General Information

Standard status Pending
Property subtype Multifamily

Amenities

washer/dryer
gas fireplace
patio
balcony
central A/C
central heat

Building Details

Year Built 1990
Stories 3
Listing Agency: Marcus & Millichap - Encino
Listed By: Elliot Sabag · License #CA 01989131
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Jul 21 at 4:32PM

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 - Encino

Investment Insights

Based on property information with market context.

Constructed in 1990, this multifamily property features three-story, townhome-style residences above a subterranean parking garage. Each unit includes a washer and dryer, gas fireplace, patio, balcony, and central air conditioning and heat. Copper plumbing serves the property.

The building is located at 1537 15th St in Santa Monica, with walkable access to the Third Street Promenade and Santa Monica Pier. Santa Monica Community College is less than one mile away. The property is occupied; tenant access should be coordinated without disturbing residents.

Key Highlights

  • Three‑story townhome‑style units over a subterranean parking garage
  • 1990 construction with copper plumbing
  • Every unit includes a washer and dryer, gas fireplace, patio, and balcony

Property Analytics

Current Use

Appraisal West Real Estate Agency Amazing Places Vacation ... Vacation Rental 15th Street Apartments Apartment Building

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

7,940
Businesses Nearby

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

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

What type of property is this?
Multifamily property - Three-story residential income property with private outdoor areas, in-unit laundry, and subterranean parking.
Where is this multifamily property located?
The property is located at 1537 15th Street Santa Monica, CA.
What are key features of this property?
This property features: Three‑story townhome‑style units over a subterranean parking garage; 1990 construction with copper plumbing; Every unit includes a washer and dryer, gas fireplace, patio, and balcony
More about this property
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