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Remodeled Triplex with Detached ADU
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2240 Delaware Ave, Santa Monica, CA 90404

Three-unit property with a detached one-bedroom accessory dwelling unit and updated interiors in Santa Monica.

Property SizeContact for details
Days on Market144

Property Features for 2240 Delaware Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Fred Leeds Asset Group
Listed By: Chandler Rockwell · License #CA 01874204
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:54PM

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 Fred Leeds Asset Group

Investment Insights

Based on property information with market context.

This Santa Monica triplex includes a detached one-bedroom, one-bath accessory dwelling unit, a remodeled two-bedroom, one-bath residence, and an additional one-bedroom, one-bath unit. Two units feature brand-new finishes, and the property has a new HVAC system. The configuration offers three separate residences within one multifamily asset.

Located at 2240 Delaware Ave, the property is within walking distance of Whole Foods and provides access to the Santa Monica school district. The detached ADU and refreshed interiors add functional variety to the unit mix, while the remaining residence provides an additional one-bedroom layout.

Key Highlights

  • Detached brand‑new 1‑bed, 1‑bath ADU
  • Remodeled 2‑bed, 1‑bath unit
  • Additional 1‑bed, 1‑bath unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Fish Market Pet Grooming Service Clothing & Fashion Store Barber Shop

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

4,535
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?
Triplex - Three-unit property with a detached one-bedroom accessory dwelling unit and updated interiors in Santa Monica.
Where is this triplex located?
The property is located at 2240 Delaware Ave Santa Monica, CA.
What are key features of this property?
This property features: Detached brand‑new 1‑bed, 1‑bath ADU; Remodeled 2‑bed, 1‑bath unit; Additional 1‑bed, 1‑bath unit
More about this property
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