Four-Unit Multifamily with On-Site
For Sale
$2,260,000
2230 Delaware Ave, Santa Monica, CA 90404
All units are currently tenant occupied and there are five on-site parking spaces for residents.
Property Size3,075 SF
Price / SF$734.96
Days on Market62
Property Features for 2230 Delaware Ave
General Information
Standard status
Active
Size
3,075 SF
Total Parking Spaces
5
Property subtype
MULTI_FAMILY
Occupancy
100%
Amenities
shared rear patio
Building Details
Building Size
3,075 SF
Year Built
1951
Tenancy
Multi
Abandoned
No
Listing Agency:
ZARA Equity Corp.
Listed By:
Marc Chorin · License #01143383
Source:
Benbelack
Added: Jun 1
Changed: Jul 30
Last Checked: Jul 31 at 11:32AM
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 ZARA Equity Corp.
Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1951 and includes a remodeled triplex plus a newly built legal 2-bedroom, 2-bath ADU. All units are currently tenant occupied, supporting immediate rental income and operational continuity. Recent capital improvements include new copper re-piping, upgraded electrical and plumbing systems, dual-pane windows, fresh interior paint, new heaters, and updated flooring with hardwood and/or vinyl plank. Interiors also feature stainless steel appliances with in-unit washer and dryer, plus dishwashers, built-in microwaves, gas ranges, and refrigerators. Additional upgrades include recessed LED lighting, granite countertops, white shaker-style cabinetry, and Edison-style fixtures.
The lower front unit includes a spacious private patio with panoramic city and Santa Monica Mountain views, and residents also have access to a large shared rear patio. Five onsite parking spaces are available for tenants.
Located in Santa Monica, the property is near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade.
The lower front unit includes a spacious private patio with panoramic city and Santa Monica Mountain views, and residents also have access to a large shared rear patio. Five onsite parking spaces are available for tenants.
Located in Santa Monica, the property is near Santa Monica beaches, Whole Foods, Virginia Park, Santa Monica College, Sunset Park, Main Street, the Pico Neighborhood, and the 3rd Street Promenade.
Key Highlights
- Remodeled triplex plus newly built legal 2‑bedroom, 2‑bath ADU
- All units currently tenant occupied for immediate rental income
- Recent capital improvements: new copper re‑piping and upgraded electrical and plumbing
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,157
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - All units are currently tenant occupied and there are five on-site parking spaces for residents.
Where is this quadplex located?
The property is located at 2230 Delaware Ave Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,260,000.
What are key features of this property?
This property features: Remodeled triplex plus newly built legal 2‑bedroom, 2‑bath ADU; All units currently tenant occupied for immediate rental income; Recent capital improvements: new copper re‑piping and upgraded electrical and plumbing
