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Four-Unit Residential Income Property
For Sale
$1,849,000

238 Bicknell, Santa Monica, CA 90405

Four-unit multifamily property with detached garages, shared laundry, and unit access from the front and rear.

Property Size2,369 SF
Lot Size0.14 Acres
Price / SF$780.50
Days on Market160

Property Features for 238 Bicknell

General Information

Standard status Active
Size 2,369 SF
Total Parking Spaces 4
Lot size 0.14 Acres
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Building Size 2,369 SF
Year Built 1920
Tenancy Multi
Listing Agency: Equity Union
Listed By: Raymond Rodriguez · License #01402283
Source: Adambrawerestates
Added: Mar 30 Changed: Aug 31 Last Checked: Sep 4 at 11:11AM

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 Equity Union

Investment Insights

Based on property information with market context.

The Bicknell Residences is a four-unit multifamily property with a duplex configuration per public record and improvements originally constructed in 1920. The unit mix includes one two-bedroom, one-bath unit with an office and three one-bedroom, one-bath units, with some layouts featuring a den and utility room. Interiors vary across the building, with select units reflecting updated interiors while others retain original finishes. Lower units provide both front and rear access for functional separation. The property also includes a shared on-site laundry area, four detached garages, and a rear patio area adjacent to the garage structure.

Located in the Ocean Park neighborhood of Santa Monica, the property is near Main Street and offers access to local dining, retail, and services. It is also within reach of Santa Monica Pier, Third Street Promenade, nearby parks, and coastal recreation areas. Major connections include Lincoln Boulevard, Pico Boulevard, Santa Monica Boulevard, and the I-10 Freeway, linking to Santa Monica, Venice, Culver City, Westwood, Century City, and other Westside employment centers.

Utilities are master metered for water and separately metered for gas and electricity, and each unit has its own water heater. Buyer is advised to verify legal status, permits, and all property details, including zoning and allowable uses, as the sale is subject to court confirmation through a court-supervised partition process.

Key Highlights

  • Four‑unit multifamily property built in 1920 with approximately 2,369 SF of improvements on a 6,006 SF lot
  • Unit mix includes one 2BD/1BA with office plus three 1BD/1BA units (some with den and utility room)
  • Two lower units offer front and rear access for flexible layout and separation of use

Property Analytics

Current Use

Oppidan Shift Investment ... Consultant

Suggested Use

Top Pick Restaurant (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Mobile Phone Store Clothing & Fashion Store

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

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,116
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four-unit multifamily property with detached garages, shared laundry, and unit access from the front and rear.
Where is this quadplex located?
The property is located at 238 Bicknell Santa Monica, CA.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1920 with approximately 2,369 SF of improvements on a 6,006 SF lot; Unit mix includes one 2BD/1BA with office plus three 1BD/1BA units (some with den and utility room); Two lower units offer front and rear access for flexible layout and separation of use
More about this property
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