5-Unit Apartment
For Sale
$2,950,000
2218 24th St, Santa Monica, CA 90405
The fully occupied property includes a dedicated laundry room with owner-owned washer and dryer machines.
Property Size3,412 SF
Lot Size0.17 Acres
Price / SF$864.60
Days on Market114
Property Features for 2218 24th St
General Information
Standard status
Active
Size
3,412 SF
Net Rentable
3,412 SF
Total Parking Spaces
5
Lot size
0.17 Acres
Property subtype
MULTI_FAMILY
Zoning
SMR1
Occupancy
100%
Site & Location
Neighborhood
Pico
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1.5BA + Office, 3 x 1BR/1BA, 1 x Studio/1BA
Multifamily Units
5
Additional Details
Tenant in Place
Yes
Amenities
laundry room
Building Details
Building Size
3,412 SF
Year Built
1947
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
William James · License #01734419
(310) 600-9858
Source:
Laluxuries
Added: Jul 6
Changed: Oct 26
Last Checked: Oct 26 at 3:01PM
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 Lyon Stahl Investment Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 1947 apartment property in Santa Monica contains five units totaling 3,412 rentable square feet on a 7,514 SF lot. The unit mix comprises a front house with two bedrooms, 1.5 bathrooms and an office; three one-bedroom, one-bathroom apartments; and a studio with one bathroom. Two garages provide four garage spaces, and the site has five parking spaces overall. One garage faces the alley; the courtyard-accessible garage is used for storage. An on-site laundry room has owner-owned washer and dryer machines.
The property is 100% occupied and zoned SMR1. Whole Foods, Trader Joe's, the Bergamot Expo Line station and Santa Monica College are within a few blocks. Neighborhood shops and restaurants are also nearby, and the property has a Walk Score of 88.
The property is 100% occupied and zoned SMR1. Whole Foods, Trader Joe's, the Bergamot Expo Line station and Santa Monica College are within a few blocks. Neighborhood shops and restaurants are also nearby, and the property has a Walk Score of 88.
Key Highlights
- Five units comprise a two‑bedroom house, three one‑bedroom apartments and a studio
- 3,412 rentable square feet on a 7,514 SF lot
- Built in 1947; zoned SMR1
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,924
Businesses Nearby
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Business Placement
Demographics for 90405, CA
27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The fully occupied property includes a dedicated laundry room with owner-owned washer and dryer machines.
Where is this apartment building located?
The property is located at 2218 24th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Five units comprise a two‑bedroom house, three one‑bedroom apartments and a studio; 3,412 rentable square feet on a 7,514 SF lot; Built in 1947; zoned SMR1
