Four-Unit Quadplex with Private
For Sale
$1,795,000
2440 Arizona Ave, Santa Monica, CA 90404
Classic post-war construction includes shared outdoor space, laundry facilities, detached garages, and alley access.
Property Size2,644 SF
Lot Size0.12 Acres
Days on Market48
Property Features for 2440 Arizona Ave
General Information
Standard status
Active
Size
2,644 SF
Net Rentable
2,644 SF
Lot size
0.12 Acres
Property subtype
Multifamily
Site & Location
Neighborhood
Pico
Units
Unit Mix
3 x 1BR/1BA, 1 x 1BR/1BA with private yard
Multifamily Units
4
Amenities
laundry room
shared backyard
detached garages
Prime Santa Monica Location Near St. John's Hospital, UCLA Medical Center & Downtown Santa Monica
Four-Unit Multifamily Property Featuring Three (3) 1-Bed/1-Bath Units and One (1) 1-Bed/1-Bath Unit with Private Yard
Delivered with One Vacant Unit, Providing Immediate Owner-User or Value-Add Potential
Located Less Than Two Miles from the Beach and Third Street Promenade
Convenient Access to the I-10 and I-405 Freeways, Connecting Residents to Employment Hubs Throughout the Westside and Greater Los Angeles
Building Details
Building Size
2,644 SF
Year Built
1951
Buildings
1
Units
4
Listed By:
Michael Sterman · License #License(s): CA: 01911703
(818) 212-2784
Source:
Marcusmillichap
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 28 at 5:57AM
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 Michael Sterman
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Investment Insights
Based on property information with market context.
Built in 1951, this four-unit Santa Monica property contains approximately 2,644 square feet of rentable living area on a 5,198-square-foot lot. The unit mix includes three 1-bedroom/1-bath residences and one 1-bedroom/1-bath residence with a private yard. Property features include a laundry room, shared backyard, and detached garages reached from the alley. Two units, including the private-yard residence, will be delivered vacant.
The property is near McKinley Elementary School, St. John's Hospital, and UCLA Medical Center Santa Monica, with the beaches and Third Street Promenade approximately two miles away. Its Santa Monica setting also provides proximity to Downtown Santa Monica, UCLA, and employment centers along the Westside, including Silicon Beach. An ADU addition may be explored subject to buyer verification.
The property is near McKinley Elementary School, St. John's Hospital, and UCLA Medical Center Santa Monica, with the beaches and Third Street Promenade approximately two miles away. Its Santa Monica setting also provides proximity to Downtown Santa Monica, UCLA, and employment centers along the Westside, including Silicon Beach. An ADU addition may be explored subject to buyer verification.
Key Highlights
- Four‑unit property built in 1951
- Approximately 2,644 square feet on a 5,198‑square‑foot lot
- Unit mix includes three 1‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit with a private yard
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
8,061
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Classic post-war construction includes shared outdoor space, laundry facilities, detached garages, and alley access.
Where is this quadplex located?
The property is located at 2440 Arizona Ave Santa Monica, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Four‑unit property built in 1951; Approximately 2,644 square feet on a 5,198‑square‑foot lot; Unit mix includes three 1‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit with a private yard
