Santa Monica Quadplex Investment Opportunity

2117 Stewart St, Santa Monica, CA 90404

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For Sale

$1,965,000

Four units near Santa Monica Pier with expansion potential.

Type:Investment

Property size:

5,600 SF

Price / SF:

$350/SF

HighLights

Four Units: Generates quadruple income potential or allows owner‑occupancy with rental income from other units.
Prime Location: Close proximity to Virginia Ave Park and Santa Monica Pier, with easy freeway access.
Updated Units: Three units feature extensive updates including new paint, flooring, stainless steel appliances, and remodeled baths.
Expansion/Redevelopment Potential: SMR2 zoning on a triple corner lot provides options for expansion or redevelopment.
Parking: Includes 4‑car garages, one additional parking space, and off‑street parking.
In‑Unit Laundry Hookups: Convenience of in‑unit laundry for tenants.

We can help!

Listing Contact

Ramsey Oliveras

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For Sale

$1,965,000

Four units near Santa Monica Pier with expansion potential.

Type:Investment

Property size:

5,600 SF

Price / SF:

$350/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 4:29 pm

Property Features for 2117 Stewart St

General Information

Standard status: Active
Size: 5,600 SF
Property subtype: Investment

Building Details

Year Built: 1941

We can help!

Listing Contact

Ramsey Oliveras

Listing agent Ramsey Oliveras License #1200976

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Ramsey Oliveras

HighLights

Four Units: Generates quadruple income potential or allows owner‑occupancy with rental income from other units.
Prime Location: Close proximity to Virginia Ave Park and Santa Monica Pier, with easy freeway access.
Updated Units: Three units feature extensive updates including new paint, flooring, stainless steel appliances, and remodeled baths.
Expansion/Redevelopment Potential: SMR2 zoning on a triple corner lot provides options for expansion or redevelopment.
Parking: Includes 4‑car garages, one additional parking space, and off‑street parking.
In‑Unit Laundry Hookups: Convenience of in‑unit laundry for tenants.

Overview

Located in Santa Monica, this property offers convenient access to major freeways, placing it approximately half a mile from Virginia Ave Park and three miles from the Santa Monica Pier. The property features four units, each independently metered for gas and electric. There are three one-bedroom, one-bath units on the main level, and one larger two-bedroom, one-bath unit upstairs. Three of the units have been updated with features such as freshly painted walls, new flooring, stainless steel appliances, and updated fixtures. The bathrooms have also been remodeled. Each unit includes in-unit laundry hookups and access to private patios overlooking landscaping and mature fruit trees. The 5,600 sq ft property includes four-car garages, one additional parking space, and off-street parking for one more vehicle. Zoned SMR2 on a triple corner lot, the property offers expansion or redevelopment possibilities. The location has a bike score of 95, making it a biker's paradise, a walk score of 81, indicating it is very walkable, and a transit score of 55, suggesting good transit options.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Santa Monica
County: Los Angeles
State: California
Longitude: -118.4613042
Latitude: 34.0253036

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2117 Stewart Street, Santa Monica, CA 90404

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For sale
Quadplexes
CA
Santa Monica
90404
2117 Stewart St

What type of property is this?

Quadplex - Four units near Santa Monica Pier with expansion potential.

Where is this quadplex located?

The property is located at 2117 Stewart St Santa Monica, CA.

What is the asking price?

The asking price for this property is $1,965,000.

What are key features of this property?

This property features: Four Units: Generates quadruple income potential or allows owner‑occupancy with rental income from other units.; Prime Location: Close proximity to Virginia Ave Park and Santa Monica Pier, with easy freeway access.; Updated Units: Three units feature extensive updates including new paint, flooring, stainless steel appliances, and remodeled baths.